Kevin Scheible, Managing Director
direct: (310) 335-9907
As a Managing Director at Innovation Capital, Mr. Scheible has over 13 years of finance-related experience for the gaming, hospitality and leisure industries that includes debt and equity capital markets transactions, bank financings, private placements, tax-exempt bond issuances, M&A advisory, restructurings, valuations and hedging strategies. Since joining Innovation Capital, Kevin's role has encompassed everything from new business development and client management to transaction structuring and execution. Over the past five years at Innovation Capital, he has successfully led the execution of 17 transactions/advisory assignments encompassing $1.5 billion of deal volume, was promoted from VP to MD, and has played a key role in establishing the firm as a leading boutique investment bank in gaming industry.
From 1998 to 2004, Mr. Scheible was a key member of the Gaming & Leisure industry group at Bank of America and Banc of America Securities, LLC, where he developed expertise in both corporate and investment banking functions, helping to arrange or underwrite over $36 billion of capital. At BofA, Kevin developed specific familiarity with Native American gaming transactions, including green field development projects, having worked on 33 debt financings for 13 different Indian tribes, resulting in significant exposure to tribal leaders across the country.
In 2005, Mr. Scheible established an independent consulting firm (Momentum Capital Advisory) to work with Indian tribes and middle market gaming companies on casino developments and related financing projects. Prior to being hired by Innovation Capital, Kevin was engaged on three long-term consulting assignments.
Throughout his career, Mr. Scheible has worked with a wide variety of clients, from large corporate operators including MGM Mirage, Wynn Resorts, Boyd Gaming and Hilton Hotels, to start-ups such as Florida Gaming's Casino Miami Jai-Alai, Hard Rock Biloxi and Wheeling Island Gaming. Kevin's key Native American relationships include the Snoqualmie Tribe, Mohegan Tribe and the Mississippi Band of Choctaw Indians to name a few. His experience extends into the gaming equipment sector, having worked with Cadillac Jack, Video King, IGT, Bally Gaming and Anchor Gaming, in addition to the entertainment space, while working with House of Blues.
Mr. Scheible earned a Master of Business Administration degree from UCLA Anderson and a Bachelor of Science degree in Business with an emphasis in Corporate Finance from the University of Southern California.