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…
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…