Breakaway Capital, a new Century City middle-market private equity firm founded by former Monroe Capital partner Warren Woo, announced Tuesday that it raised a $50 million fund and closed its first deal. Breakaway provided a $6 million senior secured loan and an undisclosed equity investment to finance Westwood private equity firm Next Point Capital’s recapitalization of Art Brand Studios, the parent of the Thomas Kinkade Co. in Morgan Hill. Kinkade Co. owns the exclusive rights to publish and license art created or inspired by Kinkade, who died in 2012.

Gores Group, a Beverly Hills private equity firm headed by Michigan-raised billionaire Alec Gores, announced Monday that it signed an agreement to acquire automotive accessories manufacturer US Farathane Corp. in Auburn Hills, Mich. alongside members of the company’s management. Terms of the deal were not disclosed.

Westwood private equity firm Riordan Lewis & Haden announced Tuesday that it invested in supply chain software company Inspirage in Bellevue, Wash. Terms of the deal were not disclosed.

Brentwood private equity firm Corridor Capital announced Monday that it acquired Circuitronics Inc. in Irving, Texas, together with McLean, Va., private equity firm Gladstone Capital Corp. and Circuitronics’ management. Terms of the deal were not disclosed.

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