Mezzanine Debt Provider Agents $16 Million Subordinated Debt Investment Praesidian Capital, a provider of mezzanine debt for middle market companies, today announced that it has lead a $16 million Subordinated Debt investment in Life is good, Inc. (“LIG”) to support the acquisition of The Shirt Factory (“TSF”), a t-shirt finishing and distribution company currently operating…
Mezzanine Debt Provider to Supply $7.2 million in Subordinated Debt Praesidian Capital, a provider of mezzanine debt for middle market companies, today announced that it provided $7.2 million in Subordinated Debt to support the acquisition of Nutritional Laboratories International, Inc. (“NLI”), a leading manufacturer of quality nutritional supplements, by management and Red Diamond Capital, L.P….
Praesidian Capital, a provider of mezzanine debt for middle-market companies, announced today the close of its debut fund. The fund totals $156 million including both private capital and leverage from the United States Small Business Administration. Investors in the fund include leading financial institutions such as certain funds managed by Banc of America Capital Access…