Author: Praesidian Capital

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…

Praesidian Capital Successfully Exits Investment in Consumer Business

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,…

Praesidian Capital’s Portfolio Company Round 2 Acquires Big Country Toys

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…

Praesidian Capital Hires Analyst

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…