Author: Praesidian Capital

Praesidian Capital Portfolio Company, Reel Power, Announces Strategic Acquisition of Downstream Extrusion Equipment from Novatec

Oklahoma City – September 11, 2024 – Praesidian Capital, which made a strategic equity investment in Reel Power in November 2023, is pleased to announce that Reel Power has acquired Novatec Inc.’s downstream equipment products for extrusion lines. Novatec, the largest U.S.-based manufacturer of leading drying and conveying equipment, agreed to divest its downstream product…

Praesidian Capital Successfully Exits Investment in Biologos

Oklahoma City – March 21, 2024 – Praesidian Capital, a private equity firm headquartered in Oklahoma City with offices in New York and London, announced the successful exit of its investment in Biologos Holdings, LLC (“Biologos”), a provider of sterile-filtered biological products for veterinary, pharmaceutical, and medical research applications.  Praesidian made an initial investment in…

Praesidian Capital Successfully Exits Investment in Autobahn

Oklahoma City – January  24, 2024 – Praesidian Capital, a private equity firm headquartered in Oklahoma City with offices in New York and London, announced the successful exit of its investment in Autobahn Holdings, LLC (“Autobahn”), an industry leading operator of indoor go-kart racing tracks, also offering axe throwing, virtual reality and other forms of…

MP Machinery and Testing Provides Advanced Testing Services for the US Advanced Nuclear Reactor Initiative

State College, PA – December 12, 2023 – MP Machinery and Testing (“MPM”), a Praesidian Capital portfolio company and a global leader in advanced testing and test development is providing advanced testing services for the US advanced nuclear reactor initiative. MPM has operated its hot cells under an NRC radioactive materials license for Light Water…

Praesidian Closes on Equity Investment in Action Target Inc.

Oklahoma City – December 5, 2023 – Praesidian Capital, a private equity firm headquartered in Oklahoma City with offices in New York and London, announced a strategic equity investment in Action Target Inc. (“Action Target”). Headquartered in Provo, UT, Action Target is the premier provider of premium shooting range solutions and services, holding the #1…

Praesidian Makes Strategic Equity Investment in Reel Power International

Oklahoma City – November 28, 2023 – Praesidian Capital, a private equity firm headquartered in Oklahoma City with offices in New York and London, announced a strategic equity investment in Reel Power International (“Reel Power”). Reel Power is a leading manufacturer of capital equipment products for material handling and control to the industrial, marine, and…

Praesidian Capital Welcomes David Blatte as Operating Partner

Oklahoma City – September 6, 2023 – Praesidian Capital, a private equity firm headquartered in Oklahoma City with offices in New York and London, announced today the addition of David Blatte as an Operating Partner. Mr. Blatte brings a wealth of experience and expertise to his role, further strengthening Praesidian’s commitment to delivering exceptional value…

Round 2, a Praesidian Capital Portfolio Company Hires Richard Barry, Former Toys “R” Us Executive as CEO and Matthew Lynn, Accomplished Financial Executive as CFO

SOUTH BEND, IN – June 20, 2023 – Round 2, a leading and innovative collectibles and toy platform company and portfolio company of Praesidian Capital, is pleased to announce the appointment of Richard Barry as Chief Executive Officer and Matthew Lynn as Chief Financial Officer. Tom Lowe, founder of Round 2 will be stepping into…