Essex Capital Group has successfully closed a $3 million debt facility for MBC Boston to support the launch of a new airport concession at Boston Logan International Airport.

Information on the Target

MBC Boston, LLC ("MBC") is a dynamic company specializing in airport concession operations. The firm is dedicated to enhancing traveler experiences through innovative and high-quality service offerings at key locations, including major airports across the United States. With this financing, MBC is set to expand its footprint at Boston Logan International Airport, which is known for its high volume of passenger traffic and strategic importance within the aviation sector.

As part of its strategic growth plan, MBC aims to deliver exceptional concession experiences that cater to the diverse needs of travelers. The new debt facility from Essex Capital Group will enable the company to effectively implement its build-out plans and launch its latest concession operation.

Industry Overview in the Target's Country

The airport concessions industry in the United States has witnessed significant growth in recent years, propelled by an increase in air travel and evolving consumer preferences. As airports become hubs for retail and dining experiences, concessiona