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…
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…
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…
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…
New Funds Support Recapitalization of Long-term Acute Care Provider NEW YORK — July 15, 2015 — Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it is investing $12.0 million in senior subordinated debt in Landmark Holdings of Missouri, LLC (Landmark), a multi-state operator of six…
Exit Coincides with Companys Acquisition by Insignia Capital Group NEW YORK — June 23, 2015 — Praesidian Capital (Praesidian or the Firm), a leading provider of mezzanine capital for small and mid-sized companies, confirmed today that it has exited successfully its $11.5 million subordinated debt investment in Metanexgen, a provider of technology-enabled multichannel marketing solutions…
NEW YORK — April 30, 2015 — 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 Vice President to Principal. Mr. Duffy joined Praesidian in 2012 with six years of investment banking and commercial lending experience. In his time with…