Aleph Capital and Crestview Partners Fund Saber Interactive's Growth
Aleph Capital and Crestview Partners Fund Saber Interactive's Growth
Aleph Capital Partners and Crestview Partners, prominent private equity firms, have announced a major equity investment in Saber Interactive, a notable player in the video game development industry. This investment reflects their strong commitment to partnering with companies that exhibit considerable potential for growth and a capacity for creating significant value.
Objectives of the Investment
The fresh capital raised through this investment will be directed towards accelerating Saber Interactive's growth initiatives. Furthermore, it will facilitate the full repayment of debts owed to Embracer Group AB, enhancing the company's financial stability following its management-led buyout.
About Saber Interactive
Based in Fort Lauderdale, Saber Interactive is recognized as one of the top independent game developers worldwide. It has garnered acclaim for developing popular titles across all major gaming platforms, including Warhammer 40,000: Space Marine 2, which has just launched, alongside other successful games such as World War Z and SnowRunner. The company also has an exciting lineup of upcoming titles, including Star Wars: Knights of the Old Republic and Jurassic Park: Survival.
Management's Vision for the Future
Jamie Rahamim, Managing Director at Aleph, expressed enthusiasm about the investment, stating that Saber Interactive is endowed with extraordinary capabilities and a robust portfolio of games expected to release in the upcoming years. Rahamim emphasized that this collaboration aligns perfectly with their strategic focus on supporting dynamic companies that hold the potential to redefine their industry.
Comments from Crestview Partners
Brian Cassidy, President at Crestview, echoed this sentiment, declaring their excitement about collaborating with Saber and its adept team. He remarked that the company is strategically positioned to harness the transformative shifts in media, gaming, and technology sectors. Their goal is to propel Saber towards achieving its fullest potential, through both organic growth and strategic mergers.
CEO's Perspective on Growth
Matthew Karch, the CEO of Saber Interactive, acknowledged the incredible journey Saber has been on for nearly a quarter of a century. With over 3,000 developers worldwide, the company maintains a startup mentality, believing in its vast potential for ongoing growth. He noted that the investment from Aleph and Crestview underscores not just past achievements but also holds promise for future endeavors in game content creation.
Future Plans and Leadership Changes
As an integral part of this investment, Jamie Rahamim and Brian Cassidy will join Saber’s Board of Directors. They will collaborate closely with Matthew Karch and Andrey Iones to drive the company's strategic plans forward.
This announcement comes as Saber prepares to elevate its operational capacity, aided by the support and expertise of its new partners, enabling it to navigate the evolving landscape of the gaming industry successfully.
About Aleph Capital Partners
Aleph Capital, founded by former Goldman Sachs executive Hugues Lepic, serves as an independent investment firm situated in London. This firm has made significant strides since its inception, driven by a mission to aid ambitious companies in realizing their growth trajectories. They particularly focus on sectors that reflect strong secular themes and aim to forge long-term partnerships with management teams.
About Crestview Partners
Established in 2004, Crestview is dedicated to providing value-driven investment for middle-market enterprises. With a strong finance foundation, Crestview manages substantial funds aimed at making impactful investments in media, industrials, and financial services.
Frequently Asked Questions
What is the purpose of the recent investment in Saber Interactive?
The investment aims to accelerate Saber Interactive's growth initiatives and fully repay existing debts to Embracer Group AB.
Who are the key players involved in this investment?
The key players include Aleph Capital Partners and Crestview Partners, along with Saber Interactive's management team led by Matthew Karch.
What notable games does Saber Interactive develop?
Saber Interactive has developed numerous successful titles, including World War Z, SnowRunner, and the recently launched Warhammer 40,000: Space Marine 2.
How will this investment impact Saber Interactive's future?
The investment is expected to enhance Saber's financial stability while fostering growth through new development projects and potential mergers or acquisitions.
Where is Saber Interactive based?
Saber Interactive is headquartered in Fort Lauderdale, Florida, with multiple studios across various regions, including Europe and South America.
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