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ALEPH CAPITAL PARTNERS AND CRESTVIEW PARTNERS ANNOUNCE SIGNIFICANT EQUITY INVESTMENT IN SABER INTERACTIVE – ONE OF THE WORLD’S LEADING INDEPENDENT GAME DEVELOPERS

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–Strategic Investment Underscores Aleph’s and Crestview’s Commitment to Backing Industry-Leading Companies with Tremendous Potential for Growth and Value-creation–

–Capital Will Be Used to Accelerate Saber Interactive’s Growth Initiatives and Fully Repay Embracer Debt–

LONDON and NEW YORK, Sept. 13, 2024 /PRNewswire/ — Aleph Capital Partners and Crestview Partners, leading private equity firms based in London and New York, respectively, today announced a significant equity investment in Saber Interactive, a global leader in interactive entertainment and video game development. This strategic investment underscores Aleph’s and Crestview’s commitment to backing industry-leading companies with tremendous potential for growth and value-creation.

Headquartered in Fort Lauderdale, Florida, Saber Interactive is one of the world’s leading independent game developers for all major platforms based on original and licensed IPs, including successful titles such as Warhammer 40,000: Space Marine 2 (just released on September 9, 2024), World War Z, SnowRunner, Expeditions: A MudRunner Game, Insurgency: Sandstorm, and an exciting slate of upcoming titles including Star Wars: Knights of the Old Republic, Jurassic Park: Survival, John Carpenter’s Toxic Commando, A Quiet Place: The Road Ahead, RoadCraft, Tempest Rising, and many others.

With this investment, Saber Interactive will pay off all debt owed to Embracer Group AB in connection with its recent management-led buyout and will accelerate growth initiatives, leveraging its experienced management team and core development strengths from 13 tightly integrated studios located across Western and Eastern Europe, the United States, and South America.

Jamie Rahamim, Managing Director and Head of Media at Aleph, commented, “We are excited to partner with Saber, a unique platform with exceptional capabilities and a robust portfolio of major games to be released over the next several years. This investment is aligned with our strategy of supporting dynamic companies that have the potential to shape the future of their industries. We look forward to partnering with Saber’s talented leadership team to help them achieve even greater success on a global scale.”

Brian Cassidy, President and Head of Media at Crestview, said, “We are thrilled to be partnering with Saber and its talented team on this compelling investment opportunity. Saber is well-positioned to capitalize on the dynamic changes playing out in the media, entertainment, gaming and technology sectors, and we look forward to helping the company achieve its full potential through organic growth initiatives and M&A.”

Matthew Karch, CEO of Saber Interactive, added, “It’s hard to believe that Saber has been in business for nearly a quarter of a century. While we have grown to over 3,000 developers across the globe, we still feel like a startup with tremendous opportunity for rapid growth.” 

“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,” added Mr. Karch. “I have been doing this long enough to know that the most important aspect of any investment is who your partners are, and I can state with tremendous confidence that Jamie and Brian and their respective teams at Aleph and Crestview are the right fit for Saber’s future. Saber has a lot to celebrate these days, and this partnership is at the top of the list.”

As part of this transaction, Jamie Rahamim and Brian Cassidy will be joining Saber’s Board of Directors, along with Matthew Karch and Andrey Iones.

Octagon Capital Group LLC served as strategic and financial advisor to Saber Interactive, and Kirkland & Ellis LLP served as legal counsel to Aleph and Crestview in connection with this transaction.

About Aleph Capital Partners
Aleph Capital is a London-based independent investment firm which was founded by Hugues Lepic, former head of Goldman Sachs’ Merchant Banking Division in Europe. Established in 2013, its mandate is to provide flexible capital solutions to ambitious companies seeking to unlock their growth potential. Aleph looks to back companies driven by strong secular industry themes primarily in the Telecom, Media and Technology sectors, working closely with management teams as a long-term investor to deliver value growth. For more information, please visit www.aleph.com.

About Crestview
Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: media, industrials, and financial services. For more information, please visit www.crestview.com.

About Saber Interactive
Saber Interactive is one of the world’s leading independent game developers for all major platforms based on original and licensed IPs, including successful titles such as Warhammer 40,000: Space Marine 2, World War Z, SnowRunner, Expeditions: A MudRunner Game, Insurgency: Sandstorm, and an exciting slate of upcoming titles including Star Wars: Knights of the Old Republic, Jurassic Park: Survival, John Carpenter’s Toxic Commando, A Quiet Place: The Road Ahead, RoadCraft, Tempest Rising, and many others.  With over 3,000 employees, Saber operates 13 studios located across Western and Eastern Europe, the United States, and South America. For more information, please visit https://saber.games/.

Media Contact:  
Jeffrey Taufield or Daniel Yunger
Kekst CNC
(212) 521-4800
jeffrey.taufield@kekstcnc.com / daniel.yunger@kekstcnc.com

Rob Fleischer
Saber Interactive
rfleischer@saber3d.com

View original content:https://www.prnewswire.com/news-releases/aleph-capital-partners-and-crestview-partners-announce-significant-equity-investment-in-saber-interactive–one-of-the-worlds-leading-independent-game-developers-302247611.html

SOURCE Crestview Partners; Aleph Capital Partners; Saber Interactive

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Compete for $150K Prizes: Join Spatial Joy 2024 The Global AR Application Development Championship

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HANGZHOU, China, Sept. 21, 2024 /PRNewswire/ — Spatial Joy 2024 The Global AR Application Development Championship is now open for registration! Organized by Rokid, a global leader in human-computer interaction through augmented reality, this championship invites AR developers globally to harness voice, gesture, and visual AI technologies to create groundbreaking AR experiences. Powered by the self-developed YodaOS-Master operating system, Rokid AR glasses deliver exceptional spatial computing performance.

What is Spatial Joy 2024 about?
In September 2022, Rokid kicked off its first AR Application Development Championship. The second championship, held last year in collaboration with Unity and Agora, quickly established itself as the largest AR application development event in China. As Rokid celebrates its 10th anniversary this year, we are excited to present “Spatial Joy,” our newly branded global championship, open to developers worldwide for the first time, and positioned as the flagship event in the AR industry.

Why join Spatial Joy 2024?

Compete for a $150,000 prize poolFree access to Rokid AR Lite or Rokid AR studioDiscounted rates on purchasing Rokid productsFree participationTechnical support from Unity and AgoraInternational exposure within the AR industryOpportunity to attend the award ceremony in China

Who can participant?
The championship is open to global AR developers of all levels, including students, independent developers, teams, and professionals across sectors such as healthcare, retail, education, gaming, entertainment, lifestyle, and more.

How to register?
Detailed registration guidelines and requirements are available online at [https://t.rokid.com/iwvwcxkn]. Developers can register and submit their projects through Rokid official website at [www.global.rokid.com].

Spatial Joy 2024 Timeline:

Registration Deadline: October 16, 2024Final Project Submission Deadline: November 15, 2024Finalists Announcement: December 27, 2024Award Ceremony: January 11, 2025

About Organizer
Rokid has expanded its global presence, making notable progress in key markets across North America, Europe, and Asia, including a successful campaign on Kickstarter. With a decade of expertise, Rokid has revolutionized AR technology, transforming how users interact with both digital and physical environments.

Join us in shaping the future of AR with Rokid – enter Spatial Joy 2024 The Global AR Application Development Championship Now!

View original content to download multimedia:https://www.prnewswire.com/news-releases/compete-for-150k-prizes-join-spatial-joy-2024-the-global-ar-application-development-championship-302254807.html

SOURCE Rokid

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Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

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Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future 

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are. 

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want 

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored. 

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

Logo – https://mma.prnewswire.com/media/2384993/Women_Deliver_Logo.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/summit-of-whose-future-girls-have-the-answers-leaders-must-listen-302254570.html

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48-Hour Saudi Visa Processing, Major Discounts and Unmissable Giveaways – Only at ‘Spectacular Saudi’ in Mumbai

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NEW DELHI, Sept. 21, 2024 /PRNewswire/ — Saudi’s national tourism brand, ‘Saudi Welcome to Arabia’ is hosting its first-ever immersive consumer event ‘Spectacular Saudi’, from September 25 to October 2,  from 2:00 p.m. – 10:30 p.m. at R2 Ground in BKC, Mumbai.

Slated to transport visitors straight to the Heart of Arabia; the 8-day immersive experience will give visitors a glimpse into Saudi’s many wonders and iconic experiences – all while extending the warm Saudi welcome. To give consumers a truly memorable experience Saudi is offering exclusive giveaways and discounts specially curated for Indian travellers.

What’s more, Indian travellers can fast-track their Saudi visas exclusively at the event. All you need is a valid Visa or Mastercard credit card! Head on over to one of eight dedicated Tasheer kiosks, ensure the name on the credit card matches the passport, and have sufficient funds available on the card. After that, sit back and relax as your visa will be in hand within 48 hours!

It has never been easier to visit Saudi. With the most seamless visa process offered to date, the excitement doesn’t end there. On the travel front, SAUDIA Airlines is offering special deals, including a buy one get 50% off on the second ticket if travelling business class. Additionally, all economy class tickets will be 15% off. Attendees will also have the chance to participate in daily giveaways for free flight tickets for two to Saudi. With over 50+ travel trade offers, visitors can access incredible cashback and discounts on Saudi travel packages. Additionally, those booking Saudi packages will enjoy complimentary cultural city tours. Group tour packages to Riyadh, Jeddah, and Dammam will be available exclusively at the event, starting at INR 99,999 for 5 nights.

Visitors can expect unique immersive experiences–including exhibits, culinary delights, Ardah dancers, Saudi coffee, traditional scents, and fashion–all under one roof. So don’t miss out and register here to experience a piece of Saudi, right in the heart of Mumbai.

Photo – https://mma.prnewswire.com/media/2511104/Spectacular_Saudi.jpg

 

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/48-hour-saudi-visa-processing-major-discounts-and-unmissable-giveaways–only-at-spectacular-saudi-in-mumbai-302254776.html

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