Praesidian Capital Successfully Exits $15.5 Million Investment in Lone Star Overnight
NEW YORK January 10, 2013 Praesidian Capital (the Firm), a leading provider of mezzanine capital for small and mid-sized companies, successfully exited its $15.5 million investment in Lone Star Overnight (LSO), an independent intraregional express and ground parcel delivery company operating primarily in Texas, Oklahoma and Louisiana.Praesidians investment was made in May 2011 to support…