Tag Archives: Fortress Investment Group

Netmarble, Kabam & Fortress Provide $350MM Equity & Debt Financing to Support Jam City Acquisition

Jam City, a mobile entertainment company, completed the acquisition of mobile game studio Ludia from Fremantle for $165 million. Jam City raised $350 million in equity and debt financing from Netmarble, Kabam and affiliates of funds managed by Fortress Investment Group.

Matrix Capital Markets Advises on Sale of Pester Marketing/Alta Convenience

Matrix Capital Markets Group, an independent investment bank, advised Pester Marketing Company d/b/a Alta Convenience on its sale to a joint venture entity between Fortress Investment Group and a subsidiary of Phillips 66 Company.

Fortress Investment, STORY3, Blue Torch Provide $275MM Term Loan to Land’s End

Land’s End secured a $275 million term loan with a lending group consisting of affiliates of Fortress Investment Group, STORY3 Credit Partners and Blue Torch Capital. In addition, maximum availability under Land’s End’s ABL facility was expanded to $275 million.