Concord Financial Advisors announced the closing of $15.5 milliion of senior secured credit facilities for Tap Room Gaming, LLC (TRG), a leading provider of video gaming and amusement services in Illinois.  TRG, founded in 2012, sought acquisition financing to complete the purchase of a strategic key competitor. Concord provided value added services by successfully completing a search for debt financing. Concord quickly assessed that TRG's core business was strong, as was their management team, and hence would be an attractive client for several leading financial institutions.

Concord worked with TRG to prepare and present an offering memorandum featuring TRGs strong management team, competitive strengths in the IL market and, furthermore, highlighting the synergies of the proposed acquisition. After conducting a targeted search process to a variety of prospective debt capital providers, Concord secured a financing proposal that allowed TRG to complete the transaction and provide an avenue for growth capital should other similar opportunities arise.

Middle market companies seeking access to debt capital require a trusted advisor to help them navigate the often convoluted financing process. Concord's clients rely on our broad financial expertise and deep relationships with a wide range of capital providers in offering tailored debt financing solutions that result in significant savings of time and money for our clients. Concord has closed 90% of its retained assignments and more than 140 successful transactions totaling over $1.2 Billion since its inception in 2001.