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.

January 19, 2021 Alta Convenience | BrownWinick | Christopher Sackett | Fortress Investment Group | Jonathan Napier | Martin McElroy | Matrix Capital Markets Group | Monte McGilvray | Pester Marketing Company | Phillips 66 Company | Richard Spresser | Sam Youngblood | Sean Dooley | Spencer Cavalier Phil Neuffer

Fortress Provides $100MM Line of Credit to Covered Care

Global investment manager Fortress Investment Group provided a $100 million line of credit to Covered Care, a healthcare finance company.

November 12, 2020 Covered Care | Dominick Ruggiero | Fortress Investment Group | Ken Rees Ellie Delany

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.

September 10, 2020 Blue Torch Capital | Fortress Investment Group | Jerome Griffith | Jim Gooch | JP Morgan | Lands' End | STORY3 Credit Partners Phil Neuffer

Wells Fargo Supports Fortress Acquisition of Majestic

Wells Fargo Capital Finance (UK) provided acquisition and working capital financing to funds managed by affiliates of Fortress Investment Group for the take private of Majestic Wine Warehouses – formerly part of Majestic Wine.

January 29, 2020 Fortress Investment Group | Majestic Wine Warehouse | Wells Fargo Capital Finance nadine

Fortress Investment Provides $20MM SuperCom Credit Facility

SuperCom secured a $20 million credit facility from funds managed by affiliates of Fortress Investment Group.

November 13, 2018 Fortress Investment Group | SuperCom Chelsea Kirtley

Fortress Holding the Bag as Theranos Dissolves

The Wall Street Journal reported scandal-ridden blood-testing firm Theranos will shut down. The company is working to negotiate a settlement with Fortress Investment Group, its chief creditor.

September 5, 2018 Fortress Investment Group | Theranos ABF Journal

Fortress Provides Up to $20MM Facility to iPass

iPass, a provider of global mobile connectivity, finalized a senior secured credit facility of up to $20 million from affiliates of funds managed by affiliates of Fortress Investment Group.

June 19, 2018 B. Riley | Fortress Investment Group | iPass Amanda Koprowski

Fortress Investment Group Acquired by SoftBank Group

SoftBank Group completed its acquisition of Fortress Investment Group for $3.3 billion in cash. Following the close, SBG and its wholly-owned subsidiaries own all outstanding Fortress shares.

December 28, 2017 Fortress Investment Group | SoftBank Group Amanda Koprowski

Super G Provides $1.5MM Bridge Facility to Healthcare Technology Firm

Super G Capital provided a $1.5 million bridge facility for a software as a service (SaaS) company that provides data management solutions to insurance agencies, government agencies, hospital and healthcare organizations.

May 25, 2017 Fortress Investment Group | Super G Capital ABF Journal

Fortress Affiliates Fund Iconix Brand $300MM Term Loan

Iconix Brand Group closed its previously announced $300 million senior secured term loan credit facility provided by credit funds managed by affiliates of Fortress Investment Group.

April 5, 2016 Fortress Investment Group | Iconix Brand Group ABF Journal