News

Praesidian Capital Exits Successful $23 Million Investment in PromptCare® Companies

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…

Praesidian Capital Successfully Exits $20.4 Million Investment in Etransmedia Technology, Inc.

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…

Praesidian Capital Exits $8.5 Million Investment in Arc Machines, Inc.

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…

Praesidian Capital Agents $32.5 Million Senior Debt Investment In Palmetto Moon

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…

Praesidian Capital Successfully Exits Investment In Mission Critical Electronics, Inc.

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…

Praesidian Capital Exits First-Lien Debt Investment In Aquasana, Inc.

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…

Praesidian Capital Successfully Exits $20.2 Million Investment in Filling Machines & Systems, Inc.

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…

Praesidian Capital Invests in Action Target, Inc.

$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…

Praesidian Capital and Kemper Corporation Subsidiary Partner On Investment in Datamyne

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…

Praesidian Capital and Kemper Corporation Subsidiary Partner on Investment in J&D Brush Company, Inc.

Senior Subordinated Debt Supports J&D Brush Majority Interest Taken by Topspin Partners NEW YORK December 8, 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 senior subordinated debt to support a new…

Praesidian Capital Exits $17.4 Million Investment in John’s Incredible Pizza Company, Inc.

NEW YORK – September 8, 2015 – Praesidian Capital, a leading provider of debt capital for small and mid-sized businesses, reported today it has exited its $17.4 million first lien debt investment in John’s Incredible Pizza Company, Inc. (“John’s”). “Praesidian was a terrific partner for John’s,” said John Parlet, John’s CEO and founder. “Their participation…

Praesidian Capital Invests $13.67 Million in First Lien Debt To Meridian Waste Solutions, Inc.

Funds Support Companys Recapitalization, Future Growth NEW YORK — August 11, 2015 — Praesidian Capital (Praesidian or the Firm), a leading provider of senior and subordinated debt capital for small and mid-sized companies, announced today it has invested $13.7 million in first lien debt in Meridian Waste Solutions, Inc. (OTC: MRDN) (MWS) (Meridian), a Midwestern…