Fortress Leads $380 Million Debt Deal for Gamut’s DEX Purchase

April 24, 2024, 9:49 PM UTC

Fortress Investment Group led a group of direct lenders who provided the financing for Gamut Capital Management’s purchase of DEX Imaging from office supplies distributor Staples Inc., according to people with knowledge of the matter.

Cerberus Capital Management and Silver Point Capital also participated in the roughly $380 million debt package, which includes a $300 million term loan, said the people, who declined to be identified as the details are private.

Buyout firm Gamut announced the purchase earlier this week, noting the deal was made in partnership with the Doyle family, which founded DEX in 2002. DEX provides managed ...

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