MFA
MFA is a Memphis-based program management joint venture founded in 2017 by three legacy architecture firms, providing owner's representation services for large-scale public-sector construction projects across the Southeastern, Midwestern, and Southwestern United States.
- Company typePrivate
- Founded2017
- HeadquartersMemphis, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What MFA does
MFA is a Memphis, Tennessee-based program management joint venture founded in 2017 by three legacy architecture firms (including Fleming Architects, founded 1977, and O.T. Marshall Architects, founded 1957). The firm provides owner's representation and program management services for large-scale public-sector construction projects, drawing on the cumulative experience of its founding firms — 121 years combined, 5,000+ completed projects, and architectural licensure across 30 U.S. states. Its core offering is human-led oversight of capital programs on behalf of government and institutional owners, spanning planning, design oversight, procurement support, and construction-phase administration.
MFA's client base is concentrated in public-sector and institutional work. Named engagements include the City of Memphis (Renasant Convention Center modernization, an approximately $200M program), Macon-Bibb County (New Macon Arena), the Memphis Shelby County Airport Authority (Terminal Modernization / Seismic Program), Memphis Zoo (Africa expansion), Memphis Parks, FedEx Forum, and Simmons Bank Liberty Stadium. The firm's geographic footprint currently comprises offices in Memphis, TN (headquarters) and Macon, GA, with services delivered across the Southeastern, Midwestern, Southern, and Southwestern United States.
The business model is professional-services based: revenue is generated through program-management fees negotiated against the size, duration, and complexity of each capital program. The firm is privately held by its three JV partners, has not raised external capital, and operates with approximately 24 employees organized under a formal executive bench (President Alan Barner, COO Dan Springer, CFO Stewart Vaughn, VP Austin White) plus the founding principals (Tom Marshall, Scott Fleming, Aaron Campbell).
MFA firmographics
Firmographics- Name
- MFA
- Legal name
- MFA Program Management
- Website
- https://mfapm.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MFA is a Memphis-based program management joint venture founded in 2017 by three legacy architecture firms, providing owner's representation services for large-scale public-sector construction projects across the Southeastern, Midwestern, and Southwestern United States.
- Ownership category
- akta.pro rank
MFA industry classification
Industry- Product category
- Construction Program Management
- NAICS
- Engineering Services (54133)
- SIC
- Services-Management Consulting Services (8742), Services-Engineering Services (8711)
- akta.pro primary industry
- Construction Management (Agency/Owner’s Rep) (IMAFAAAC)
Keywords
Where MFA is headquartered
LocationHeadquarters
- HQ city
- Memphis
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
MFA business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Program Management Services: MFA generates revenue through professional program management services for construction and infrastructure projects. The company serves as the owner's representative and program manager, overseeing projects from planning through closeout. Revenue is derived from consulting and management fees associated with large-scale capital projects for government and institutional clients.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
MFA product offering
Product offeringCore offering
MFA Program Management provides comprehensive program management services as owner's representative for complex construction projects, covering the full project lifecycle from planning and design through pre-construction, construction, and closeout. The firm serves government, institutional, and public-sector clients managing convention centers, sports venues, airports, community facilities, and civic infrastructure projects.
Product overview
MFA is a program management firm for construction and infrastructure projects, providing comprehensive services across the project lifecycle. The core offering is Program Management Services encompassing Planning, Design Management, Pre-Construction, Construction Management, and Project Close-Out. MFA serves diverse project types including convention centers, arenas, airports, community centers, golf courses, sports venues, and educational facilities. Notable projects include the Renasant Convention Center, New Macon Arena, FedEx Forum, Memphis Airport Terminal Modernization, Simmons Bank Liberty Stadium, and various community center renovations.
Differentiator
Problem solved
Functional benefit
Products and services
- Program Management Services Comprehensive program management for complex construction projects, including planning, execution, and completion coordination across various industries, delivered as owner's representative for government and institutional clients.
- Planning Services Project Team Assembly, Facility Condition Assessments, Stakeholder Management, and Risk Management services to ensure successful project planning for public-sector capital projects.
- Design Management Services Design Team Selection, Design Management, Compliance with Municipality Requirements, and Constructability Reviews and Value Engineering for complex civic and institutional projects.
- Pre-Construction Services Master Project Schedule Development, Procurement and Packaging Strategy, Contractor Prequalification, and Contract Drafting and Tender Management services for complex capital projects.
- Construction Management Services
Quantifiable outcome
- Delivered $200M Renasant Convention Center transformation on-time and under-budget despite inflation and pandemic challenges
- +2 more outcomes
Companies that use MFA
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
MFA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MFA partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Memphis Cook Convention Center (Original Joint Venture Requester)coreMFA was originally formed as a joint venture in 2017 in response to a request for services from the Memphis Cook Convention Center. Three firms recognized that by combining their strengths, they could create a more effective and powerful program management team to meet the city's needs.
- Three Founding Firms (Joint Venture Partners)coreMFA is a Memphis-based joint venture formed by three firms that combined their strengths to create a more effective program management team. The collaboration is based on the belief that combined skills, expertise, and past successes make them well-suited to meet city needs.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
MFA competitors and assessment
Company assessmentMarket position
Competitive moat3 records
Key highlights6 records
Customer concentration
MFA social profiles
Digital presenceMFA financial estimates
Financial estimateRevenue estimate
Valuation estimate
MFA leadership team
Management profileNumber of profiles
Profiles19 records
MFA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MFA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MFA
What does MFA do?
MFA Program Management provides comprehensive program management services as owner's representative for complex construction projects, covering the full project lifecycle from planning and design through pre-construction, construction, and closeout. The firm serves government, institutional, and public-sector clients managing convention centers, sports venues, airports, community facilities, and civic infrastructure projects.
Is MFA a public or private company?
MFA is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was MFA founded?
MFA was founded in 2017. It employs 11 to 50 people.
Where is MFA based?
MFA is headquartered in Memphis, United States, in the North America region.
How does MFA make money?
One revenue line is on record: program Management Services.
Does MFA have an API?
No public API is recorded for MFA.
What industry is MFA in?
MFA's product category is Construction Program Management. Its primary akta.pro industry code is IMAFAAAC, Construction Management (Agency/Owner’s Rep). Its NAICS code is 54133 and its SIC code is 8742.