Configure Partners served as financing advisor and investment banker to SPB Hospitality in securing committed debt capital to support its acquisition of J. Alexander’s Holdings.
Funds managed by affiliates of Fortress Investment Group closed a three-year, $150 million secured credit facility and a $6.125 million equity investment for Car Capital, an automotive financial technology company.
Mogo, a Canadian financial technology company, amended its existing senior credit facility with funds managed by affiliates of Fortress Investment Group. The amendment lowers the effective interest rate, extends the maturity date and increases the available loan capital to $60 million.
Gateway Casinos & Entertainment closed a $1.25 billion senior secured term loan B issuance to refinance its capital structure and fund cash to the balance sheet. Funds managed by affiliates of Fortress Investment Group were lead investors in the transaction.
ID.me secured $100 million in debt financing from funds managed by affiliates of Fortress Investment Group and $20 million in revolving credit. This follows the company’s Series C round in March, securing $100 million in funding at a $1.5 billion valuation.
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 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.
Global investment manager Fortress Investment Group provided a $100 million line of credit to Covered Care, a healthcare finance company.
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.
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.