TULSA, OK – January 17, 2023 – Praesidian Capital, a leading private equity investment firm, announced today that it has made an anchor investment in Care+ Pediatric Urgent Care which is set to open its first of several locations at the northeast corner of Britton & May Avenue in Oklahoma City on January 9th, 2023. …
OKLAHOMA CITY, OK – Jan. 10, 2023 – Powder Valley, a leading supplier of reloading components, ammunition, and accessories and portfolio company of Praesidian Capital, today announced the acquisition of Las Vegas, Nevada based Pro-Motion Distributing, a tech-enabled multi-category distributor of consumer and commercial products serving the e-commerce market. Jason Drattell, Praesidian Capital founding partner…
OKLAHOMA CITY, OK – Jan. 3, 2023 – Praesidian Capital, a leading private equity firm with offices in Oklahoma City, New York and London, announced today that it has fully realized its equity investment in Ocean State Innovations (“Ocean State” or the “Company”). Based in Portsmouth, RI, Ocean State is one of the leading textile converters in the US. “In 2015…
OKLAHOMA CITY, OK – October 18, 2022 – MP Machinery and Testing (“MPM”), a Praesidian Capital portfolio company, today announced the release of proprietary material testing equipment that non-destructively determines the material properties of in-service components and structures. MPM is a leading provider of advanced material testing products and services for the nuclear power &…
NEW YORK – August 10, 2022 – Praesidian Capital, a leading private equity firm with offices in New York, London and Oklahoma City, announced today that it has fully-realized its debt investment and a portion of its equity investment in Ocean State Innovations, (“Ocean State”or the “Company”) through a refinancing by a commercial bank. Praesidian…
NEW YORK – April 12, 2022 – Praesidian Capital, a private equity firm with offices in New York, London and Oklahoma City, announced today that it acquired a controlling interest in a leading e-commerce distribution business located in the Southwest United States. Jason Drattell, Founder of Praesidian Capital, commented, “We are excited to expand on…
NEW YORK – April 1, 2022 – Praesidian Capital, a private equity firm with offices in New York, London and Oklahoma City has announced today that Howard Dennis will be joining the team as an Operating Partner. Mr. Dennis’ responsibilities will include financial due diligence and executing on investments. Jason Drattell, Praesidian Founder said: “Howard…
NEW YORK – February 8, 2022 – Praesidian Capital, a private equity firm with offices in New York and London, has announced today that it will be opening an office in Oklahoma City and has added two experienced investment professionals both of whom will be based in Oklahoma. Brad Grow has joined the team as…
NEW YORK – February 1, 2022 – Praesidian Capital, a leading middle market private equity firm, announced today that it has successfully exited its investment in House of Television Rentals, Inc. (“HOTV” or the “Company”). Praesidian’s exit was in concert with a sale of the business to Arona Corporation. HOTV, headquartered in Jamestown, New York,…
NEW YORK – January 4, 2022 – Round 2, a leading collectibles company and portfolio company of Praesidian Capital, today announced the acquisition of Big Country Toys (“Big Country”). Headquartered in Arkansas, Big Country is a designer, manufacturer and retailer of premium farm, ranch and rodeo toys and collectibles. The acquisition further expands Round 2’s…
NEW YORK, Oct. 19, 2021 — Praesidian Capital, a NY based private equity firm, announced this week that Luc Gowda has joined the team as an Analyst. Gowda’s responsibilities will include financial analysis, due diligence, and execution of new investments along with monitoring portfolio investments. Tom Duffy, Praesidian Capital Partner said, “We are very excited to welcome Luc to the…
NEW YORK – August 26, 2021 – Praesidian Capital, a NY based private equity firm, announced today that it acquired a controlling interest in a leading testing business. The company provides testing services for a variety of industries including energy, aerospace and defense, laboratory, steel and pipe and other industrial markets. “We believe that there…