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Los Angeles, CA, January 14, 2015 PRNewswire-- Breakaway Capital Partners Fund, L.P. today announced that it has funded a $6 million senior secured credit facility and equity co-investment to finance Next Point Capital's recapitalization of Art Brand Studios, LLC. Art Brand Studios is the owner of the Thomas Kinkade Company which holds the exclusive license to sub-license and publish artwork created by or inspired by the late Thomas Kinkade. Mr. Kinkade is one of the most commercially successful artists in history and is considered by many to be the most recognized art brand in America. Pursuant to a license from the Walt Disney Company, the company also publishes Thomas Kinkade-inspired, Disney-themed art. The company's licensees include Hallmark Cards (greeting cards), Bradford Exchange (collectibles), AMU (calendars) and CEACO (puzzles). "We are excited to have Breakaway Capital as our financing partner. Breakaway's ability to be creative, flexible and close quickly was a tremendous benefit to us," said Mark Mickelson, Managing Partner of Next...

December 4, 2014 Monroe Capital LLC today announced that it will dismiss its lawsuit against Warren Woo and Breakaway Capital. "Upon further investigation, it is clear that Mr. Woo's actions were not improper," said Ted Koenig, President and CEO of Monroe Capital. "We are pleased to have reached a mutually satisfactory settlement agreement with Mr. Woo. Mr. Woo will remain a limited partner in Monroe Capital Partners Fund, LP and will remain economically aligned with Monroe going forward as a result of his retained financial interest in the fund's general partner....

Los Angeles, CA, December 4, 2014 PRNewswire-- Breakaway Capital today announced that Monroe Capital LLC will dismiss its lawsuit against Warren Woo and Breakaway Capital. In a statement, Ted Koenig, President and CEO of Monroe Capital said, "Upon further investigation, it is clear that Warren's actions were not improper." Warren Woo, Managing Partner of Breakaway Capital Partners Fund, LP said, "I am pleased with the settlement and with the acknowledgement that my actions were in no way improper. As a result of remaining a limited partner in Monroe Capital Partners Fund, LP with a financial interest in the general partner of the fund, I look forward to remaining economically aligned with Monroe going forward." ...