For more information, visit About FocalPoint PartnersįocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements, financial restructurings, and special situation transactions. Since 2012, Loot Crate has delivered more than 32 million crates to fans in 35 territories across the globe. Loot Crate partners with industry leaders in entertainment, gaming, sports, and pop culture to deliver monthly themed crates, produce interactive experiences and digital content, and film original video productions.
is the worldwide leader in fan subscription boxes. Fixler added, “Partnering with NECA gives the Company’s subscribers what they ultimately wanted: unique offerings, on-time delivery, and high-quality merchandise.”įounded in 2012, Loot Crate™, Inc. Ultimately, the complexities of this transaction necessitated an expedited 363 sale and the Company’s advisors were able to structure, negotiate, and close this strategic transaction, eliminating the possibility of a liquidation and leaving stranded hundreds of thousands of subscribers.” Mr. Michael Fixler, Managing Director who leads FocalPoint’s Special Situations practice, commented, “We started working with the Company early this year, presenting the opportunity to a wide range of strategic and financial investors. Regarding the transaction, Loot Crate Chief Restructuring Officer, Stuart Kaufman, of Portage Point Partners said, “This transaction creates a path forward for the Company and allows it to move past some challenging times.” He continued, “By partnering with NECA, a collectible manufacturing company that produces X-Men, Star Trek, Batman, and other pop culture figurines, Loot Crate’s subscribers can feel confident that they will continue to receive new and exciting pop culture collectibles.”