Mistral Equity Partners, a private equity firm focused on the consumer and media sectors, announced today that it has invested $19.55 million in convertible preferred stock in Jamba, Inc., a leading restaurant retailer of healthy lifestyle food and beverage offerings.
“We are very excited about Jamba and the potential growth opportunities available to the Company as it extends the brand through licensing and franchising opportunities. This transaction complements our focus exclusively on investing in consumer businesses with strong management teams that capitalize on emerging demographic or psychographic trends,†commented Andrew Heyer, Managing Partner of Mistral Equity Partners.
Mistral’s general partners and top tier management board members bring together complementary operational and financial experience in consumer-focused industries.
