King Street Leads $250 Million Comprehensive Financing for Collēctīvus Holdings
King Street Leads $250 Million Comprehensive Financing for Collēctīvus Holdings
NEW YORK, Dec. 19, 2024 /PRNewswire/ -- King Street Capital Management, ("King Street") a leading global alternative investment firm, today announced that it is leading a $250 million financing for Collēctīvus Holdings ("Collēctīvus"), the holding company overseeing the most prestigious brands in the collecting, trading card game (TCG) and hobby industries. Funds and accounts managed by HPS Investment Partners ("HPS") and funds managed by Oaktree Capital Management, L.P. ("Oaktree") also participated in the financing.
NEW YORk, Dec. 19, 2024 /PRNewswire/ -- King Street Capital Management, ("King Street") a leading global alternative investment firm, today announced that it is leading a $25000万 financing for Collēctīvus Holdings ("Collēctīvus"), the holding company overseeing the most prestigious brands in the collecting, trading card game (TCG) and hobby industries. Funds and accounts managed by HPS Investment Partners ("HPS") and funds managed by Oaktree Capital Management, L.P. ("Oaktree") also participated in the financing.
The refinancing will provide Collēctīvus with a sustainable capital structure following its recent establishment as the parent company to three brands – Beckett Media & Collectibles, the premier grading and authentication company, Southern Hobby Distribution, the industry's leading sports collectible and card gaming distributor, and Dragon Shield, the premier TCG accessory creator. Led by CEO Kevin Isaacson, Collēctīvus will use the capital to further invest in its portfolio, allowing it to reach its full growth potential across its three business lines.
The refinancing will provide Collēctīvus with a sustainable capital structure following its recent establishment as the parent company to three brands – Beckett Media & Collectibles, the premier grading and authentication company, Southern Hobby Distribution, the industry's leading sports collectible and card gaming distributor, and Dragon Shield, the premier TCG accessory creator. Led by CEO Kevin Isaacson, Collēctīvus will use the capital to further invest in its portfolio, allowing it to reach its full growth potential across its three business lines.
"We are excited to partner with Kevin and the Collēctīvus management team to support the company as it expands its market leading position across its three verticals," said Noah Charney, Managing Director and Head of Capital Solutions at King Street. "This financing solution will provide Collēctīvus with capital for expansion and the flexibility to meet its business objectives."
"We are excited to partner with Kevin and the Collēctīvus management team to support the company as it expands its market leading position across its three verticals," said Noah Charney, Managing Director and Head of Capital Solutions at King Street. "This financing solution will provide Collēctīvus with capital for expansion and the flexibility to meet its business objectives."
"As we embark on this new chapter, we are thrilled to have the support of King Street, HPS and Oaktree," said Isaacson. "This financing will allow us to build on the great momentum we've experienced, which culminated in the establishment of our new parent company, and we look forward to continuing our growth trajectory under the Collēctīvus banner."
"As we embark on this new chapter, we are thrilled to have the support of King Street, HPS and Oaktree," said Isaacson. "This financing will allow us to build on the great momentum we've experienced, which culminated in the establishment of our new parent company, and we look forward to continuing our growth trajectory under the Collēctīvus banner."
This investment will be led by King Street's Opportunistic Credit Strategy, which targets senior and performing lending opportunities across industries and geographies, focusing on the capital vacuum between direct lending and distressed capital. This includes capital solutions for companies that require flexible, non-traditional capital, leveraging King Street's global platform and structuring capabilities.
This investment will be led by King Street's Opportunistic Credit Strategy, which targets senior and performing lending opportunities across industries and geographies, focusing on the capital vacuum between direct lending and distressed capital. This includes capital solutions for companies that require flexible, non-traditional capital, leveraging King Street's global platform and structuring capabilities.
Collēctīvus was advised by Jefferies LLC and Proskauer Rose LLP. King Street, HPS and Oaktree were represented by Paul Hastings LLP.
Collēctīvus受到了Jefferies LLC和Proskauer Rose LLP的咨询。King Street、HPS和Oaktree由Paul Hastings LLP代表。
About King Street Capital Management
King Street is a global alternative investment firm founded in 1995 that manages more than $27 billion in assets across public and private markets. The firm marries rigorous fundamental research with tactical trading and differentiated sourcing capabilities to identify misunderstood and complex investment opportunities across asset classes, up and down the capital structure. For more information, please visit .
关于King Street资本管理公司
King Street是一家成立于1995年的全球另类投资公司,管理着超过270亿美元的资产,涵盖公共和私人市场。该公司结合了严格的基本研究、战术交易和差异化采购能力,以识别跨资产类别的被误解和复杂的投资机会,涵盖资本结构的上下游。欲了解更多信息,请访问。
About Collēctīvus Holdings
Collēctīvus Holdings guides many of the most prestigious brands in the Collecting, Trading Card Game, and Hobby industries. With a century's worth of collective experience in driving product and service innovation, high-end quality standards, and elevated customer experience, Collēctīvus brands are among the most recognized and loved throughout the world by the communities they serve. To find out more about Collēctīvus Holdings, visit our website at CollēctīvusHoldings.com.
关于Collēctīvus控股公司
Collēctīvus控股公司为收藏、交易卡游戏和兴趣行业中许多最知名的品牌提供指导。凭借百年的集体经验,推动产品和服务创新、高端质量标准和提升客户体验,Collēctīvus品牌在其服务的社区中是最受认可和喜爱的。欲了解更多有关Collēctīvus控股公司的信息,请访问我们的网站。 CollēctīvusHoldings.com.
About HPS Investment Partners
HPS Investment Partners, LLC is a leading global, credit-focused alternative investment firm that seeks to provide creative capital solutions and generate attractive risk-adjusted returns for our clients. We manage various strategies across the capital structure, including privately negotiated senior debt; privately negotiated junior capital solutions in debt, preferred and equity formats; liquid credit including syndicated leveraged loans, collateralized loan obligations and high yield bonds; asset-based finance and real estate. The scale and breadth of our platform offers the flexibility to invest in companies large and small, through standard or customized solutions. At our core, we share a common thread of intellectual rigor and discipline that enables us to create value for our clients, who have entrusted us with approximately $148 billion of assets under management as of September 2024. For more information, please visit .
关于HPS投资伙伴
HPS投资伙伴公司是一家领先的全球信用型另类投资公司,致力于提供创造性的资本解决方案,为我们的客户创造有吸引力的风险调整回报。我们管理多种策略,覆盖资本结构,包括私人协商的高级债务;以债务、优先和股权形式的私人协商的次级资本解决方案;流动信用,包括非常规杠杆贷款、担保贷款义务和高收益债券;资产基础融资和房地产业。我们平台的规模和广度提供了灵活性,可以通过标准或定制解决方案投资于大大小小的公司。在我们的核心,我们共享一种共同的智力严谨和纪律,这使我们能够为客户创造价值,截至2024年9月,我们管理约1480亿美元的资产。欲了解更多信息,请访问。
About Oaktree
Oaktree is a leader among global investment managers specializing in alternative investments, with $205 billion in assets under management as of September 30, 2024. The firm emphasizes an opportunistic, value-oriented, and risk-controlled approach to investments in credit, equity, and real estate. The firm has more than 1,200 employees and offices in 23 cities worldwide. For additional information, please visit Oaktree's website at .
关于橡树
橡树是全球投资经理中的领导者,专注于另类投资,截至2024年9月30日管理着2050亿美元的资产。该公司强调机会主义、价值导向和风险控制的投资方法,涉及信用、股权和房地产业。该公司拥有超过1200名员工,并在全球23个城市设有办事处。欲了解更多信息,请访问橡树的网站。
Media Contacts
媒体联系人
King Street
Prosek Partners for King Street
[email protected]
金街
Prosek Partners为金街服务
[email protected]
Collēctīvus Holdings
Kellan Terry
[email protected]
Collēctīvus Holdings
凯伦·特里
[email protected]
HPS Investment Partners
Mike Geller / Josh Clarkson
[email protected] / [email protected]
HPS投资伙伴
迈克·盖勒 / 乔希·克拉克森
[email protected] / [email protected]
Oaktree
[email protected]
橡树资本
[email protected]
SOURCE King Street Capital Management
来源:国王街资本管理