Portsmouth, RI – February 8, 2018 – Brand & Oppenheimer Co., Inc. (“B&O”), a leading textile converter, announced its third acquisition since 2014 by acquiring the assets of General Fabrics Co. (“General Fabrics”), a leading wholesale designer, packager, and distributor of printed textiles. Founded in 1951, General Fabrics services a wide variety of markets, notably…
NEW YORK – November 29, 2017 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it agented a $12.0 million mezzanine debt investment and a $0.3 million equity co-investment to support the acquisition of Remedy Health Media (“Remedy” or the “Company”) by Topspin Partners (“Topspin”)….
NEW YORK – June 8, 2017 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it has successfully agented a club facility to support Pixelogic Media Partners LLC’s (“Pixelogic”, or “the Company”) acquisition of the Sony DADC NMS Creative Services business unit, which brings a…
NEW YORK – March 23, 2017 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it has successfully exited its $23 million investment in PromptCare Companies (“PromptCare”, “the Company”). PromptCare, a portfolio company of MidMark Capital, is a leading regional provider of specialty respiratory products…
NEW YORK – January 12, 2017 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it has successfully exited its $20.4 million investment in Etransmedia Technology, Inc. (“Etransmedia,” or the “Company”), a leading healthcare information technology company based in Troy, New York. Praesidian’s exit, along…
NEW YORK – January 10, 2017 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, reported today it has exited its $8.5 million investment in Arc Machines, Inc. (“AMI” or “Arc Machines”), a California-based manufacturer of automated orbital welding equipment. The investment was made initially to support a…
NEW YORK — November 17, 2016 — Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it agented a $32.5 million senior debt investment and a $2.0 million equity co-investment to support the acquisition of Palmetto Moon (the “Company”) by Topspin Partners (“Topspin”) and Motivity Capital…
NEW YORK – October 21, 2016 – Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it has successfully exited its investment in Mission Critical Electronics, Inc. (“Mission Critical,” or the “Company”), a leading manufacturer of specialized electronic products for the emergency / specialty vehicle, marine…
NEW YORK – Sept. 6, 2016 – Praesidian Capital (“Praesidian”), a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it has successfully exited its first-lien debt investment in Aquasana, Inc. (“the Company”), a Texas-based provider of residential water filtration systems and replacement cartridges. Praesidian’s debt investment supplemented an…
NEW YORK — August 9, 2016 — Praesidian Capital (the firm), a leading provider of senior and subordinated debt for small and mid-sized companies, reported today it has exited its $20.2 million investment in Filling Machines & Systems, Inc. (FMS), a portfolio company of Evolve Capital, LLC. In 2013, Praesidian provided first lien debt to…
$11.5 Million Senior Subordinated Debt Facility Supports Balance Sheet Recapitalization NEW YORK — January 13, 2016 — Praesidian Capital (Praesidian), a leading provider of senior and subordinated debt capital for small and mid-sized companies, announced today that it led an investment of $11.5 million in senior subordinated debt to support the balance sheet recapitalization of…
New Senior Secured Debt Supports Datamyne Buyout of Zepol Corporation NEW YORK December 15, 2015 Praesidian Capital (Praesidian), a leading provider of senior and subordinated debt capital for small and mid-sized companies, announced today it has partnered with a subsidiary of Kemper Corporation (NYSE: KMPR) on a senior secured debt to finance growth initiatives by…