Fortress Investment Group is a privately owned company which offers a wide range of services to low-income individuals and high net worth individuals. Its primary objective is financial investment through channeling of loans to interested parties, consumer finance, transportation real estate, and infrastructure among others. Apart from financial investments, it also offers other non-financial services such as energy, power generation equipment, healthcare facilities, and several others. The investment management firm is aiming at having full control in service delivery by having the largest stakeholders in companies.
Fortress Investment Group has benefited from exemplary and outstanding leadership which has made it remain at the top customer service delivery. Its excellent track record has also contributed to its growth and success. However, SoftBank Group and Fortress Investment Group have come into a merger agreement to acquire the investment management company which is based in New York City. The board of directors in Fortress Investment announced that the acquisition of the company would not affect its shareholders as they will receive their portion of shares premium and the dividends.
Fortress Investment Group Merger Acquisition
Fortress leadership has recognized SoftBank Group as an exceptional company which has a distinct vision and mission, and they believe that the company is set on a great path. Also, the firm has assured value addition to all its shareholders by highlighting the availability of resources in SoftBank Group, great creativity, innovation, and excellent employe performance. Hence, there will be great benefits to all investors and significant value to the shareholders.SoftBank Group will greatly benefit from the merger since it will gain many professionals and financial experts from Fortress Group.
Professionals from Fortress Investment Group will also come on board and will resume their former assignments and maintain their participation interests in fund performance. Fortress will be operating under the management of SoftBank but as an independent business.SoftBank Group is ready to retain a positive image by maintaining an outstanding leadership strategy, business model, processes and culture that made Fortress Group rise to the top. According to the SoftBank CEO, acquisition of Fortress Group will lay a strong platform and help in widening group capabilities, and help in the achievement of their vision