DALLAS (2013) – White Rock Advisors, LLC is pleased to announce it recently advised Mitas Hill Vineyards (“Mitas Hill”) of McKinney, Texas, on securing a $2.5 million financing agreement with First National Bank Southwest, a branch of First National Bank of Omaha.
Mitas Hill is a family-owned and operated North Texas vineyard, winery and event destination. The winery produces nearly 2,000 cases per year of Tempranillo, Cabernet, Savignon, Syrah and Venus grapes from over 7,000 vines on the estate. Mitas Hill is family operated and was founded in 1999.
The financing will be used to open an event center, which will include a bed and breakfast, a steakhouse, a pizza restaurant, and a 3000 square foot event hall. A team from White Rock Advisors, led by Simon Martin and Greg Hext, advised management of Mitas Hill on securing the debt financing.
About White Rock Advisors, LLC
The White Rock Advisors team is located in Dallas, Texas. White Rock Advisors is an affiliate of Chapman, Hext & Co., P.C., which is a twenty-five year old financial services firm (www.chapmanhext.com) and through companies with which it is affiliated, provides complete auditing and tax services, wealth management, merger and acquisition advisory services, institutional private placements of equity and debt, restructuring and turnaround services and general corporate finance advisory services to companies with revenues or enterprise values ranging from $10 million to $500 million. White Rock Advisors serves as the investment banking arm of Chapman Hext and focuses on building long term value for clients through unbiased advice, access to the capital markets, and expert assistance in mergers and acquisitions.
For additional information please visit www.whiterockadvisors.com.
White Rock Advisors, LLC (“White Rock”) member FINRA/SIPC is a limited purpose broker dealer that provides a limited range of brokerage and financial advisory services. White Rock does not hold customer accounts, funds or securities, accept trading orders, engage in proprietary trading or market making. White Rock is engaged solely in advising companies and private equity funds on capital raising and corporate restructuring. This is not an offer or solicitation for brokerage services, investment advisory services, or other products or services in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the securities laws or other local laws and regulations of that jurisdiction.