Mistral Equity Partners, a private equity firm focused on the consumer and media sectors, has acquired a majority interest in Sac Acquisition, a multi-channel retailer of patented furniture products. LoveSac designs furniture for real life, including Sactionals, modular, washable sectional sofas; Sacs, high end, foam-filled bean bag chairs; and other

Jingle Punks Music, a music publishing and technology company founded in August 2008 by Jared Gutstadt and Dan Demole, has completed an equity financing sponsored by Hammerline Capital, a New York based private equity investment company. The financing also includes veterans from the music and technology industries. Proceeds from the

Guardian Analytics, a provider of predictive analytics-based fraud prevention software, has raised USD9m in funding led by Sutter Hill Ventures with participation by existing investor Foundation Capital. The series C funding will be used to accelerate product innovation and capitalise on the growing demand for fraud prevention solutions. 2009 saw

Hampton Roads Bankshares has entered into definitive agreements with affiliates of The Carlyle Group and Anchorage Advisors to purchase at least USD73m in common stock each as part of an expected aggregate USD255m capital raise by the company from institutional investors.  Hampton Roads also plans to conduct a USD20m rights

The private equity and special situations team at VTB Capital has acquired the Capital Plaza business centre in Moscow. The 14-floor building has a total floor space of approximately 50,000 square metres. Valentina Stanovova, first vice president at Capital Group, says: “Implementing a development project as a business process envisions

Dublin-based Irish mobile services company Digital Reach Group has completed an investment deal with Irish investment group Pageant Holdings, just nine months since its inception.  The investment of EUR500,000 is forecasted to fund the company to profitability and will be used to facilitate the expansion of Digital Reach Group’s sales,

The Irish office of law firm Maples and Calder has advised Avolon, the aircraft leasing group, on the completion of its initial capital raise of USD1.4bn. The capital raised includes an equity commitment of USD750m from three private equity firms, Cinven, CVC and Oak Hill Capital, and a USD400m warehouse

Private equity firms active in the healthcare industry have launched the Healthcare Private Equity Association, a Chicago-based, non-profit trade association whose purpose is to support the reputation, knowledge and relationships of the healthcare private equity community. As of its founding, the association’s roughly 40 member firms represent over USD300bn of

Morgan Stanley Private Equity has formed a partnership with William E. (Bill) Mitchell, the former chairman and chief executive of Arrow Electronics, to acquire or invest in managed IT services companies. The goal of the partnership is to create a leading IT services provider focused on serving small and medium

Michael Foods’ parent, M-Foods Holdings, has signed a definitive agreement under which its owners, affiliates of Thomas H. Lee Partners, and certain current and former members of management, will sell Michael Foods to affiliates of GS Capital Partners. The transaction, which is expected to close in the next two months