Saber Interactive receives significant strategic investment to pay off debt related to its split from Embracer

Warhammer 40k: Space Marine 2

• Aleph Capital, formed in 2013 by a former Goldman Sachs executive, and Crestview, a New York-based firm that manages a $10 billion fund, announced a “significant equity investment” in Saber Interactive.
• The studio will allocate this funding towards paying off its debt to Embracer Group and accelerating its growth initiatives.
• As a result of this investment, Aleph Capital managing director & head of media Jamie Rahamim and Crestview president & head of media Brian Cassidy will join Saber co-founders, Matthew Karch and Andrey Ione, as members of the company’s board of directors.
• “Aleph and Crestview’s investment in Saber is a testament to what we have built, and more importantly, to what we can still achieve in the coming years as creators and providers of some of the best game content in the world,” Saber CEO Matthew Karch said in a statement.
• He added that while the studio has over 3,000 employees spread across the globe, it still feels “like a startup with tremendous opportunity for rapid growth.”

The financial terms of the deal remain undisclosed, but shortly before this announcement, Embracer Group received $168.4 million from Beacon Interactive as part of the Saber divestment. The new investment should help the studio finalize its buyout.

Beacon, a company controlled by Karch, entered into an agreement with Embracer in March to acquire certain assets owned by Saber Interactive. They include studios like 3D Realms, Nimble Giant, New World Interactive, Slipgate, and Digic. 4A Games and Zen Studios, which Saber also had acquisition options for, will eventually remain with Embracer.

The investment from Aleph Capital and Crestview came amid the success of Warhammer 40k: Space Marine 2, which reached over 2 million players globally and peaked at over 225k concurrent players on Steam alone.