Tom’s Watch Bar, the country’s new super sports bar concept, announces completion of a $30M fundraising and construction of 8 new Super Sports Bars in ultra-high traffic locations
Tom’s Watch Bar announced today a $30M fundraising and partnership with Sagard Credit Partners for a structure that provides a unique platform for growth. Tom’s Watch Bar currently has five existing super sports bars with eight new super sports bars in construction. Stephens Inc. served as exclusive financial advisor to Tom’s Watch Bar in the transaction. Tom’s Watch Bar is owned by SIF Partners which provided the initial equity capital.
The company stated that the capital is earmarked to grow new units across the country and continue investment in the collection of data and technologies in the rapidly growing and evolving world of consumer sports entertainment.