TFA Capital Partners (TFACP) is a specialized investment bank, focused on the gaming and leisure industries. TFACP provides strategic advisory and capital raising services, based on its unique industry insights and dedicated team approach, with an emphasis on building long-term client relationships. Our core clients include those in the Tribal and commercial sectors with interests in both the domestic and sovereign markets. Our Tribal business spans across many industries beyond gaming – click our Tribal page to learn more.
We recognize that, in today’s gaming and leisure world, traditional growth and development opportunities are limited and highly competitive. For smaller companies, growth by acquisition is increasingly limited. For Tribal operators, growth by expansion of on-reservation gaming assets typically yields diminishing returns.
A better route to growth can be attained by identifying opportunities outside of the traditional footprint—whether it’s physically removed from the core business or in a new commercial gaming or leisure market altogether. Growth by acquisition—or growth by developing new assets in new markets—can be challenging for the operator who lacks a development team to identify, diligence or pursue such opportunities effectively.
The question of how best to finance and structure the opportunities identified, as well as finding viable sources of finance and the most appropriate capital structure—whether debt, equity or a hybrid—can also be a challenge.
TFACP works as a partner and an extension of its clients’ teams as they think through growth, development and capital opportunities. We bring a wealth of experience and relationships in the gaming and leisure sectors and it’s this depth of experience and network that ultimately gives our clients the competitive advantage needed to succeed in today’s markets.
Our dedicated team of investment banking professionals has more than 100 years of combined service to clients in the gaming and leisure industries. We own what is undoubtedly the largest rolodex of industry relationships—relationships which can be drawn upon to help with any project, challenge or opportunity our clients may have.
The TFACP team has raised over $150 billion of capital for its clients, the majority as lead bankers for the transactions, making our execution experience second to none. These transactions include straight debt refinancing, new debt sourcing, restructurings, new-build project finance, equipment financing, tax-exempt debt, private equity and public equity (both Initial Public Offerings as well as follow-ons).
Our team has led transactions for Tribal clients across the lower 48 states and in Alaska, corporate clients in the U.S., Europe and Asia, and for both public and private companies. Our core competencies encompass strategic advisory including new market analysis, competitor assessment, management/manager selection and joint venture partnering. Importantly, we also have deep experience in complex project financings, having led over 20 such deals, ranging in size from less than $10 million to over $5 billion.
TFACP has also assembled a network of specialized partner firms which complement its expertise. These firms specialize in the areas of casino management and design, mergers and acquisitions and financial restructuring. As members of a number of associations within both Indian Country and the commercial gaming and leisure world, we can bring additional points of contact and relationship depth.
We pride ourselves on finding “best in class” solutions. As an independent specialized firm, TFACP has the flexibility to look at deals of almost any size and/or complexity.