Triton Pacific Securities, LLC, founded in 2005, is a dealer manager of alternative product solutions for financial advisors. We focus on providing access to institutional quality investment offerings to financial advisors and retail investors.
At Triton Pacific Securities, we are committed to understanding the needs of the ever-changing market. We believe financial professionals should have access to high-quality investment managers with differentiated strategies to meet these needs. We consult, structure, market, and service these investment offerings, ensuring that our relationships receive a high-level of investment quality and service.
34232 Pacific Coast Highway
Dana Point, CA 92629
|Current and Former Offerings|
|Year Founded||Sector||Structure||Senior Executives|
|2005||Private equity||LLC, LP||
Brian D Buehler
|# of Full Cycle Offerings||# of Liquidity Events|
|Tasty Brands, LP||LP/Reg. D(b)||www.tastybrandslp.com||Open|
TASTY BRANDS, LP (“Tasty”) seeks to capitalize on the consolidation of the chain restaurant industry by acquiring and improving operations of quick service restaurants. It will concentrate on well-established and managed franchises with limited menus, fast service, and convenient takeout locations. Building on the success of its acquisition of a portfolio of 64 Burger Kings in Iowa, Kansas, and Missouri in 2018, Tasty continues to focus on operators who demonstrate a high level of industry experience and financial strength. In particular, franchises that exhibit positive growth characteristics, long-term consumer relevance, and desirable value propositions.
The chain restaurant industry has seen an emergence of a vast number of large, multi-franchise operators as well as a very active M&A environment. Fueled in part by first-generation owners preferring to sell rather than being pressured to re-invest their businesses by mature brands. With high barriers to entry, franchisees provide recurring and sustainable cash flow as well as strong relative performance through all economic cycles.
In recent years, franchises have benefitted from positive economic factors such as low unemployment, a rebound in the housing market and improved household finances that fueled consumer optimism. This renewed economic strength in the U.S. has spurred chain restaurant growth. Yet, historically this industry has experienced strong performance even in recessionary cycles due to chain restaurants’ value-oriented offering and non-discretionary nature of consumer spending on meals. We believe these factors have led to an increasing presence of private equity firms and institutional investors within the chain restaurant industry.
Tasty will pursue acquisitions that provide multiple ways to enhance and create value. This includes increasing new units and add-on acquisitions of other franchisees, generating new sales through effective store management, technological efficiencies, regional consolidation, participation in marketing programs, and investment in unit refresh programs that deliver a higher ROI. Tasty will also look to reduce costs by optimizing staffing levels, training management, and curtailing expenses.
Tasty is guided by its sponsor Triton Pacific and partner Prestige Restaurant Group. Triton Pacific is a private equity firm, which has sponsored more than 50 private equity partnerships, totaling $1 billion in assets and offerings. Prestige Restaurant Group, LLC offers extensive expertise in operating, building, and exiting chain restaurant investments, and provides management services to portfolio companies controlled by Tasty Brands. Its leadership team brings over 35 years’ experience and has operated over 16,000 franchisee/franchisor locations. With the goal to create income through a diverse portfolio of different brands while providing downside protection through a recession-resistant restaurant segment, Tasty Brands intends to establish itself as a strategic partner for national franchisors in the execution of the strategy.
|TP Flexible Income Fund||Non-Traded BDC||www.flexbdc.com||Open|
TP Flexible Income Fund, (the “Fund”), is a non-traded business development company (BDC) that invests primarily in senior and secured credit of privately-owned U.S. middle-market companies. The Fund strives to generate current income and, as a secondary objective, capital appreciation by targeting investment opportunities with favorable risk-adjusted returns. Prospect Capital Management L.P., an affiliate of the Adviser, is a leading alternative asset manager with deep expertise in the credit markets with a 30-year history of investing in and managing high-yielding debt and equity investments using both private partnerships and public closed-end structures.
By investing in the fund, investors may benefit from:
Bank consolidation and increased banking regulations have significantly reduced the amount of commercial loans available to middle-market borrowers. At the same time, U.S. middle-market companies need capital in order to grow and support their daily operations. As a result, we believe that there are and will continue to be significant investment opportunities in senior and secured lending to middle-market companies.