Regal offers advisory services to clients, including mergers and acquisitions, capital raising, debt and equity placements, and debt restructuring.
The acquisition is expected to strengthen the Macquarie’s US advisory services and capital markets capabilities, with the 23 member combined platform.
The Regal team will relocate to Macquarie’s Los Angeles office.
Regal was founded by David Berman, who has more than 17 years of gaming, lodging and leisure industry experience.
Following completion of the transaction, Regal will be fully integrated into Macquarie and its existing industry coverage groups.
Berman, who was leading the firm, will be a senior managing director and will be appointed as head of gaming, lodging & leisure for North America reporting to both Tim Bishop, CEO of Macquarie Capital (USA) and to Alex Harvey, global head of telecommunications, media, entertainment and technology, which includes Macquarie’s coverage of the gaming industry.
Harvey said that with the expanded team Macquarie can build on the successful gaming practice in the US and on its established position in the sector in the Asia-Pacific region.
"We will be able to provide our gaming clients with the best advisory solutions for regional as well as cross-border transactions," Harvey said.
The terms of the transaction were not disclosed.
The transaction is expected to close in the first half of 2011, subject to regulatory approvals and other customary closing conditions.
