Private equity firms Aleph Capital and Crestview Partners have made a “significant” investment in Saber Interactive.
With the investment, Saber will use it to pay off its debt to former parent company Embracer. In March, it sold Saber and several other subsidiaries to Beacon Interactive in a 247 million dollars Deal.
The just-concluded deal has been slightly modified to no longer include the subway developer 4A Games and Pinball FX Producer Zen Studiosboth of whom will remain with Embracer for the foreseeable future.
Saber also plans to use the investment to accelerate its growth initiatives across its 13 studios across Europe, the United States and South America.
“This investment is consistent with our strategy of supporting dynamic companies that have the potential to shape the future of their industries,” wrote Aleph CEO Jamie Rahamim. “We look forward to partnering with Saber’s talented leadership team to help them achieve even greater success on a global scale.”
Both Rahamim and Crestview President Brian Cassidy will join Sabre’s board of directors, alongside co-founders Matt Karch and Andrey Jones.
Saber Saga in 2024
In addition to leaving Embracer, it's been an eventful time for Saber. Earlier this week, the studio launched Warhammer 40,000: Space Marine II, which welcomed 2 million players on launch day.
The game had a little hiccup when a unfinished construction It leaked in July, and Saber immediately asked players to avoid it, as it was a year old.
Along with post-launch support for Space Marines II, Saber's future plans include John Carpenter's Toxic Commando, A Quiet Place: The Road Ahead, and a remake of Star Wars: Knights of the Old Republic.
In May, Game Developer spoke with Karch about Saber's 23-year long history, which you can read Here.