Fortress, Canyon Partners and Others Invest $228M in First Foundation

Castle Creek Capital Acquires $40M Equity Stake in FirstSun Capital Bancorp

December 4, 2025

Financial Services

Affiliates of Castle Creek Capital acquired $40 million of common stock in FirstSun Capital Bancorp from legacy stockholders, becoming one of the company's largest institutional shareholders with roughly a 4% stake. The investment is intended to support FirstSun as it pursues a proposed merger with First Foundation Inc. and Castle Creek expects to join the company's board subject to regulatory and closing conditions.

Fortress Management and Mubadala Capital Acquire Fortress Investment Group from SoftBank

May 19, 2024

Financial Services

Fortress management and a consortium led by Mubadala Capital have completed the acquisition of SoftBank Group's 90.01% stake in Fortress Investment Group. Under the transaction, Fortress management holds a 32% equity interest (with board control rights) and the Mubadala-led consortium owns 68%; terms were not disclosed and Fortress will continue to operate independently.

CrossFirst Bankshares Acquires Canyon Bancorporation and Canyon Community Bank

April 21, 2023

Financial Services

CrossFirst Bankshares, Inc. will acquire Canyon Bancorporation, Inc. and its subsidiary Canyon Community Bank, N.A. in a stock-and-cash transaction valued at an estimated $15.1 million. The deal adds a Tucson branch and core deposit base (Canyon Bank: $122M loans, $169M deposits as of March 31, 2023) to CrossFirst's regional banking footprint and is expected to close in H2 2023 subject to regulatory approval.

First Reserve and Fortress Acquire Majority Stake in Island Energy Services from One Rock

June 2, 2025

Energy

A newly formed partnership between First Reserve and funds managed by affiliates of Fortress Investment Group has acquired a majority stake in Island Energy Services (IES) from One Rock Capital Partners, with One Rock remaining as a minority investor. IES is a Hawaii-based integrated fuel import, storage, pipeline and distribution operator that also runs a 50-location Texaco-branded retail network; the transaction closed in mid-2025 and terms were not disclosed.

Fortress Investment Group Makes $130M Minority Investment in Nassau Financial Group

September 1, 2023

Financial Services

Fortress Investment Group invested $130 million in Nassau Financial Group, acquiring a minority non-voting common equity stake (approximately 7.7%) as part of a strategic partnership that closed on September 1, 2023. The deal includes a long-term Investment Management Agreement giving Nassau's insurance subsidiaries access to Fortress' credit strategies; Golden Gate Capital remains Nassau's majority shareholder.

Estancia Capital Partners Makes Growth Investment in StrategyCorps

June 28, 2024

Financial Services

Estancia Capital Partners has completed a capital partnership investment in StrategyCorps to fund product development, business development, enhanced client services, and targeted acquisitions. Estancia selected First Eagle Investments and Andalusian Credit Partners as capital partners for the transaction, which closed on June 28, 2024.