Author: Praesidian Capital

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…

Praesidian Capital Portfolio Company Announces Acquisition

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…

Praesidian Capital Successfully Exits Equity Investment in Leading Textile Solutions Provider

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…

Leading Materials Testing Company Unveils Innovative Non-Destructive Testing Equipment

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 &…

Praesidian Capital Successfully Exits Debt Investment in Ocean State Innovations

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…