News

Praesidian Capital to Invest $12.0 Million in Senior Subordinated Debt In Landmark Holdings of Missouri, LLC

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…

Praesidian Capital Successsfully Exits $11.5 Million Debt Investment in Metanexgen

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…

Praesidian Capital Adds $10.5 Million to its EmpireCLS Investment

Funds Support Buyout of Bison Capital, Increase Praesidians Equity Position NEW YORK — April 28, 2015 — Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it is leading a $10.5 million add-on investment, along with United Insurance of America (Kemper), in EmpireCLS Worldwide Chauffeured Services…

Praesidian Capital to Invest $11.4 Million in First-Lien Debt In Aquasana, Inc.

New Funding Refinances Existing Senior Debt, Further Strengthens Companys Balance Sheet NEW YORK April 13, 2015 Praesidian Capital, a leading provider of senior and subordinated capital for small and mid-sized businesses, announced today that it is investing $11.4 million in first-lien debt in Aquasana, Inc., a Texas-based provider of residential water filtration systems and replacement…

Brand & Oppenheimer Announces Management Transition; Welcomes Industry Veterans Edward Ricci, Ben Galpen, and Bryan Boulis To Leadership Roles

RED BANK, NJ — January 27, 2015 — Brand & Oppenheimer Co., Inc. (B&O), a leading textile converter, today announced that it has appointed Edward Ricci, Ben Galpen, and Bryan Boulis, known for their work under the 1947 llc aegis, to the Office of the CEO, effective immediately. Ricci, Galpen, and Boulis were recruited by…

Praesidian Capital Successfully Exits Nutritional Laboratories International, Inc.

Praesdians First Fund Investment is Acquired by Elite One Source Nutrisciences NEW YORK — January 14, 2015 — Praesidian Capital (the Firm), a leading provider of senior and subordinated debt for small and mid-sized companies, successfully exited its investment in Nutritional Laboratories International, Inc. (NLI), which was acquired by Elite One Source Nutrisciences (Elite One)….

Praesidian Capital Increases Its Etransmedia Technology, Inc. Investment

New Funding Supports Acquisition of DoctorsXL, LLC to Expand Companys Customer Base NEW YORK January 8, 2015 Praesidian Capital, along with co-investor Kemper Insurance, has increased its investment in Etransmedia Technology, Inc. (Etransmedia). Praesidian is a leading provider of senior and subordinated capital for small and mid-sized businesses. Etransmedia is a fast-growing, national information technology…

Praesidian Capital’s Third Senior Debt Investment in Fusion Supports PingTone Acquisition

Praesidian’s $5 Million Investment Helps Drive Fusion’s Cloud Services Expansion NEW YORK – December 1, 2014 – Praesidian Capital (“Praesidian” or “the Firm”), a leading provider of senior and subordinated debt capital for small and mid-sized companies, reported today that it co-led a $5 million first-lien investment in Fusion (OTCQB: FSNN), a leading cloud services…

Praesidian Capital Invests $7.45 Million in House of Television Rentals, Inc.

First-Lien Debt Recapitalizes the Company to Meet Future Growth Opportunities NEW YORK — November 10, 2014 — Praesidian Capital (Praesidian), a leading provider of senior and subordinated debt for small and mid-sized companies, announced today it provided $7.45 million in first-lien debt for House of Television Rentals, Inc. (HOTV) to recapitalize the company. Headquartered in…

Praesidian Capital Leads Senior Debt Investment in Cohere Communications, LLC

Funds Supported Coheres Acquisition of Another 9, LLC NEW YORK — October 20, 2014 — Praesidian Capital (the Firm), a leading provider of senior and subordinated debt for small and mid-sized companies, announced today it provided $6.9 million in senior debt and also provided growth capital to support Cohere Communications, LLCs acquisition of Another 9,…

Brand & Oppenheimer Announces Promotion of David Mackney to VP of Protective Fabrics

RED BANK, NJ June 2, 2014 Brand & Oppenheimer Co., Inc. (B&O), a leading textile converter, today announced the promotion of David Mackney to VP of Protective Fabrics for the companys Performance Textiles Division. Mackney began his career with B&O in August 2013 bringing with him more than 20 years of diverse hospitality and textile…