Jersey Jack Pinball Raises Extra Funds

Pinball News Website·article·analyzed·Jan 15, 2014

Analysis

claude-haiku-4-5-20251001 · $0.013

TL;DR

JJP secures equity investment from JDA to stabilize finances and fund growth.

Summary

Jersey Jack Pinball announced an equity partnership with JDA, an investment firm whose principals are pinball enthusiasts owning 40+ machines. The deal provides funding and restructuring support to ensure financial stability and completion of The Wizard of Oz production run and The Hobbit development. This mirrors Stern Pinball's 2009 investment deal with Dave Peterson.

Key Claims

Jersey Jack Pinball had been rumored to have funding difficulties prior to the JDA deal
medium confidence · Article opening states 'Amid rumours of funding difficulties' but does not provide specific sources or details about the nature of difficulties
More than 700 Wizard of Oz games had shipped by December 2013
high confidence · Official JJP statement: 'More than 700 games shipped as of December 2013'
The Hobbit Pinball was planned to ship late in 2014
high confidence · Official JJP statement: 'The company is in development of The Hobbit Pinball machine which will ship late in 2014'
JDA's founding group generated over $40 million for shareholders in their last transaction
medium confidence · Official JDA statement through JJP press release, not independently verified in article
JDA principals own over 40 pinball machines including The Wizard of Oz
high confidence · Stated in both article summary and official JDA statement

Notable Quotes

“We are very excited to combine the strengths of these two dynamic organizations. The expanded talent, experience and financial strength that this brings will enhance the future products we are able to build and add to the enjoyment of our player base.”
Jack Guarnieri, Jersey Jack Pinball Founder @ January 15, 2014 — Official statement on the partnership's strategic value and commitment to product quality
“This should remove any doubt about the completion of The Wizard of Oz's run, and give reassurance to pre-orderers of JJP's second title, The Hobbit.”
Pinball News (article author) @ January 16, 2014 — Indicates that pre-order concerns about completion were a significant issue that the investment resolves

Entities

Jersey Jack PinballcompanyJDAcompanyJack GuarnieripersonThe Wizard of Oz PinballproductThe Hobbit PinballproductStern PinballcompanyDave Peterson / Hagerty Petersonperson

Signals

?
business_signal: Pre-investment rumors of JJP funding difficulties suggest the company faced cash flow or financial stability challenges early in production
medium · Article opens with 'Amid rumours of funding difficulties' and states deal 'should remove any doubt about the completion of The Wizard of Oz's run'
?
business_signal: Jersey Jack Pinball secured equity investment from JDA to address funding difficulties and enable multi-platform development
high · Official press release stating JDA partnership 'will enable Jersey Jack Pinball, Inc. to have the resources to fund multiple game platforms, expand into related technologies and markets'
?
product_strategy: The Hobbit Pinball development timeline shifted to late 2014 shipment, potentially indicating production constraints or priority given to completing Wizard of Oz run
medium · Statement that Hobbit 'will ship late in 2014' without earlier timeline reference in article

Topics

Financing and InvestmentprimaryBusiness RestructuringprimaryProduct Development TimelineprimaryPre-order Fulfillment ConcernssecondaryManufacturer Stabilityprimary

Sentiment

positive(0.75)— Announcement presented positively as solution to funding concerns; resolves pre-order uncertainty; Jack Guarnieri's quote expresses enthusiasm. Article frames deal as reassuring to customers and enabling growth.

Transcript

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Date: 16th January, 2014 Amid rumours of funding difficulties, Jersey Jack Pinball today announced they had sold part of the company to the investment arm of JDA - an equity investment and restructuring firm. The deal appears to closely match the one undertaken by Stern Pinball at the end of 2009 which brought in Dave Ashley Peterson of Hagerty Ashley Peterson as an investor. No further details of the deal with JDA have been released except that JDA came to Jersey Jack Pinball with an investment proposal and the founders of the equity investment firm are pinball enthusiasts, owning more than 40 machines including The Wizard of Oz from JJP. The deal will see JDA take a stake in the company, supply additional funding, and provide restructuring and organisational advice to help ensure financial stability in the short to medium term. This should remove any doubt about the completion of The Wizard of Oz's run, and give reassurance to pre-orderers of JJP's second title, The Hobbit. Undoubtedly this will lead to some changes at Jersey Jack Pinball as efficiency savings are found and workflows streamlined, and we'll be sure to bring them to you as they are announced. Here's how JJP announced the deal: Lakewood, New Jersey - January 15, 2014 - Jersey Jack Pinball, Inc., the industry leading designer and manufacturer of premium, no-compromise pinball machines announces that they have entered into an equity partnership with the investment arm of JDA. The founding group of JDA has a proven track record of success and generated over $40 million dollars for their shareholders in their last transaction. This partnership will now enable Jersey Jack Pinball, Inc. to have the resources to fund multiple game platforms, expand into related technologies and markets, and to provide a catalyst for growth. It further provides Jersey Jack Pinball, Inc. with deeper management and financial resources. "We are very excited to combine the strengths of these two dynamic organizations. The expanded talent, experience and financial strength that this brings will enhance the future products we are able to build and add to the enjoyment of our player base." said Jack Guarnieri, Jersey Jack Pinball, Inc. Founder. The principals at JDA are true pinball enthusiasts as well and personally own over 40 pinball machines including Jersey Jack Pinball, Inc. world renowned The Wizard of Oz Pinball Machine. About Jersey Jack Pinball, Inc. Jersey Jack Pinball, Inc. was founded in 2011 with a passion to build premium, no-compromise pinball machines. Games built with passion and games that are fun to play which will become treasured for years to come. The first game that Jersey Jack Pinball, Inc. is building is The Wizard of Oz Pinball Machine. The game is now in full production with more than 700 games shipped as of December 2013. More games are popping up in commercial locations and in home game rooms all around the world. The company is in development of The Hobbit Pinball machine which will ship late in 2014. About JDA JDA is a private holding company developed for the purpose of transitional holdings of interest, incubation and performance of advisory services associated to the business interests of its shareholders. The shareholders of JDA have companies in the technology space including servicing the blind and developing critical mass computer applications, holdings of over $10 million in real estate, interests in gold and silver mining, a world class training facility for gymnastics and all star cheer, and consulting services that tailor to the telecom, data and technology sectors. Back to the News page Like this page? Share it with your Facebook friends: Back to the front page