Funds Support Buyout of Bison Capital, Increase Praesidians Equity Position NEW YORK — April 28, 2015 — Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it is leading a $10.5 million add-on investment, along with United Insurance of America (Kemper), in EmpireCLS Worldwide Chauffeured Services…
New Funding Refinances Existing Senior Debt, Further Strengthens Companys Balance Sheet NEW YORK April 13, 2015 Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it is investing $11.4 million in first-lien debt in Aquasana, Inc., a Texas-based provider of residential water filtration systems and replacement…
RED BANK, NJ — January 27, 2015 — Brand & Oppenheimer Co., Inc. (B&O), a leading textile converter, today announced that it has appointed Edward Ricci, Ben Galpen, and Bryan Boulis, known for their work under the 1947 llc aegis, to the Office of the CEO, effective immediately. Ricci, Galpen, and Boulis were recruited by…
Praesdians First Fund Investment is Acquired by Elite One Source Nutrisciences NEW YORK — January 14, 2015 — Praesidian Capital (the Firm), a leading provider of senior and subordinated debt for small and mid-sized companies, successfully exited its investment in Nutritional Laboratories International, Inc. (NLI), which was acquired by Elite One Source Nutrisciences (Elite One)….
New Funding Supports Acquisition of DoctorsXL, LLC to Expand Companys Customer Base NEW YORK January 8, 2015 Praesidian Capital, along with co-investor Kemper Insurance, has increased its investment in Etransmedia Technology, Inc. (Etransmedia). Praesidian is a leading provider of senior and subordinated capital for small and mid-sized businesses. Etransmedia is a fast-growing, national information technology…
Praesidian’s $5 Million Investment Helps Drive Fusion’s Cloud Services Expansion NEW YORK – December 1, 2014 – Praesidian Capital (“Praesidian” or “the Firm”), a leading provider of senior and subordinated debt capital for small and mid-sized companies, reported today that it co-led a $5 million first-lien investment in Fusion (OTCQB: FSNN), a leading cloud services…
First-Lien Debt Recapitalizes the Company to Meet Future Growth Opportunities NEW YORK — November 10, 2014 — Praesidian Capital (Praesidian), a leading provider of senior and subordinated debt for small and mid-sized companies, announced today it provided $7.45 million in first-lien debt for House of Television Rentals, Inc. (HOTV) to recapitalize the company. Headquartered in…
Funds Supported Coheres Acquisition of Another 9, LLC NEW YORK — October 20, 2014 — Praesidian Capital (the Firm), a leading provider of senior and subordinated debt for small and mid-sized companies, announced today it provided $6.9 million in senior debt and also provided growth capital to support Cohere Communications, LLCs acquisition of Another 9,…
RED BANK, NJ June 2, 2014 Brand & Oppenheimer Co., Inc. (B&O), a leading textile converter, today announced the promotion of David Mackney to VP of Protective Fabrics for the companys Performance Textiles Division. Mackney began his career with B&O in August 2013 bringing with him more than 20 years of diverse hospitality and textile…
Praesidian Leads $25.5 Million Investment in Five-Year Senior Notes NEW YORK – April 10, 2014 – Praesidian Capital (“Praesidian” or “the Firm”), a leading provider of senior and subordinated debt capital for small and mid-sized companies, reported today that it led a $25.5 million investment of five-year senior notes to Fusion (OTCQB: FSNN), a leading…
NEW YORK April 2, 2014 Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Tom Duffy has been promoted from Associate to Vice President. Mr. Duffy joined Praesidian in 2012 with six years of investment banking and commercial lending experience. In his time with the firm,…
NEW FUNDING WILL SUPPORT PLANNED ACQUSITIONS TO EXPAND COMPANYS CUSTOMER BASE NEW YORK February 6, 2014 Only one year after providing capital to fund growth in a healthcare information technology company, Praesidian Capital, along with a co-investor Kemper Insurance, has invested an additional $8.3 million in Etransmedia Technology, Inc. (Etransmedia). Praesidian is a leading provider…