Author: Praesidian Capital

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…

NEW YORK, May 13, 2021 – Praesidian Capital, a leading middle market private equity firm today announced that Lee Rosenthal will be joining the firm as an Operating Partner.  Jason Drattell, Praesidian Founder stated: “Lee’s long successful track record in manufacturing and supply chain management will be an invaluable resource to both our existing portfolio…

NEW YORK, April 20, 2021 – Praesidian Capital, a leading middle market private equity firm today announced that Arun Gowda will be joining the firm as a Strategic Advisor and Operating Partner.  Jason Drattell, Praesidian Founder stated: “Arun has well established track record in the financial services sector and has been advising and investing with…