Cascadia Capital Advises Galaxy Gaming on its Debt Refinancing from Breakaway Capital

Galaxy Gaming, Inc. (OTC:GLXZ) Logo has received debt financing from Breakaway Capital Management, LLC Logo

Cascadia Capital is pleased to announce that it has served as the financial advisor to Galaxy Gaming (GLXZ), a Las Vegas-based publicly-traded provider of table games and state-of-the-art electronic wagering platforms, in a $10.5 million debt refinancing by Breakaway Capital Management, LLC a private investment firm based in Los Angeles, California.

Gary A. Vecchiarelli, the Company’s Chief Financial Officer said “I am pleased to announce this refinancing which will enhance our cash flow and allow us to reinvest in our business.  This recapitalization of the balance sheet will open up many opportunities for us to bring innovations to the market and accelerate our expansion strategy.”

Cascadia’s Debt Group leverages the platform of a leading middle-market investment bank with decades of experience to provide clients with competitive debt solutions in a variety of situations including acquisitions, recapitalizations, and growth financing.

For more information about this transaction or Cascadia’s Debt Group, please feel free to contact:

Hugh Campbell
Managing Director
(206) 436-2564

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