Peter Briger: The $3.3 Billion Acquisition will be a Boon to Fortress Investment

In the business world, it is normal for firms to acquire other firms to expand. Sometimes, these acquisitions make little or no sense to the outside world. However, to the involved parties, these acquisitions often provide a lot of value. Among the most recent acquisitions was the one undertaken by SoftBank. The firm bought Fortress Investment Group for $3.3 billion. Fortress Group’s shareholders approved the acquisition in July 2017 and made it official in December the same year.

When Masayoshi founded SoftBank in 1981, the firm mainly sold PC software. However, as the years went by, the firm bought stakes in hundreds of other companies which provide similar and different services. With its latest acquisition of Fortress Investment Group, it is undoubtedly safe to conclude that the company aims at becoming one of the world’s biggest investment companies. Learn more about Peter Briger at

Fortress Investment, on the other hand, has shown its willingness to remain competitive in the investment market. The firm, under its Principal Peter Briger, has performed well in the real estate, private equity investments, and hedge funds markets. Currently, the firm oversees assets worth more than $40 billion across the world. Despite being bought, the company will continue its operations in the same way as before.

Even though talks about the acquisition started a while back, SoftBank’s search for a firm to buy started two years before the acquisition. The firm started its hunt for a company to buy and one that would help SoftBank become a global investment firm. As such, SoftBank’s investors needed an institutionalized structure that would allow important investment activities like compliance and trading.

Softbank spent $3.3 billion in buying Fortress Investment Group. The company now owns all of Fortress Investment’s outstanding shares. Despite this, Softbank will not control Fortress’ daily operations. Also, Fortress will retain all its principals such as the Principal and Co-Chairman of the Board of Directors, Peter Briger. Issuing their comments on the acquisition of their company, Wes Edens and Peter Briger stated that the acquisition would help SoftBank achieve its vision and goals. Peter Briger added that SoftBank would be beneficial to the private equity company.

Read More:


Business Initiatives Of Improving The Business is recognized as the largest online-based retailer in China. It has set the standards for e-commerce business by focusing on availing quality and authentic products ranging from apparel, food, cosmetics, among others. Jingdong success is also as a result of some of the technology initiatives it has …

Jeunesse Global Skincare and Supplements

Jeunesse Global was created by the visionary entrepreneurs Randy Ray and Wendy Lewis on September 9, 2009. They created that company specifically on that day to represent the longevity of the number nine as revealed in numerology. The significance of longevity is also present in their core desire to help …

Business Leader
Paul Herdsman Contributes To Business Solutions

  Paul Herdsman is dedicated to corporate business solutions that target employee value. With his firm, NICE Global, based in Montego Bay Jamaica, Paul Herdsman brings business startup valuation experience to corporate business solutions. Customer retention, cost-effectiveness, technical support, and return on investment (ROI) figure heavily in NICE Global strategies. …