NEW YORK — June 30, 2011 — Praesidian Capital (Praesidian or the Firm), a leading provider of mezzanine capital for small and mid-sized companies, has successfully exited its investment in CODi, Inc. (CODi). CODi is a leading manufacturer and supplier of laptop bags and cases, mobile security devices and other IT accessories to major corporations.In…
$12.5 MILLION IN DEBT FINANCING TO SUPPORT ACQUISITION BY MISTRAL EQUITY PARTNERS Praesidian Capital (Praesidian), a leading provider of mezzanine capital for small and mid-sized companies, announced it has invested $12.5 million of subordinated debt to help fund Mistral Equity Partners acquisition of Worldwise, Inc. (Worldwise), a manufacturer of specialty pet products. Based in Northern…
$15.5 MILLION IN DEBT FINANCING TO SUPPORT ACQUISITION BY INVESTOR GROUP NEW YORK May 19, 2011 Praesidian Capital (the Firm), a leading provider of mezzanine capital for small and mid-sized companies, announced it has invested $15.5 million of first lien debt in overnight shipping company Lone Star Overnight (Lone Star, LSO, or the Company) to…
$19 MILLION IN MEZZANINE FINANCING TO SUPPORT ACQUISITION OF PRO2 NEW YORK March 31, 2011 Praesidian Capital (the Firm), a leading provider of mezzanine capital for small and mid-sized companies, has announced that it has invested $19 million of second lien debt in The PromptCare Companies, Inc. and its sister company PromptCare Home Infusion, LLC…
NEW YORK February 28, 2011 Praesidian Capital (the Firm), a leading provider of mezzanine capital for small and mid-sized companies, has announced that Praesidian Capital Opportunity Fund III (Praesidian) has received approval for a license from the United States Small Business Administration (SBA) to operate as a Small Business Investment Company (SBIC). The license allows…
Praesidian Capital Successfully Exits Investment in Venio, LLC NEW YORK January 10, 2011 Praesidian Capital (Praesidian or the Firm), a leading provider of mezzanine capital for small and mid-sized companies, has successfully exited its investment in Venio, LLC (Venio). Praesidians exit was facilitated by Venios acquisition of certain divisions of The Keane Organization and the…
Praesidian Capital Provides $6 Million to Finance Recapitalization of Meta Pharmaceutical Services with DFW Capital Partners to Facilitate Growth NEW YORK September 30, 2010 Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized companies, has invested $6 million in subordinated debt in Meta Pharmaceutical Services, a leading sales and marketing data services…
Licensed Commercial Check Casher Serving Small Businesses in Long Island Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized companies, has committed $4 million of senior secured debt to Bridge Capital Solutions Corporation, Long Island s premier licensed commercial check casher. Bridge Capital provides liquidity to local Long Island businesses to fund…
Premier limousine and chauffeur business operates in 650 cities worldwide Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies, has invested $10 million of senior secured debt in EmpireCLS Worldwide Chauffeured Services, one of the largest independent service providers in the U.S. limousine and chauffeured transportation services industry. Operating in…
Nation s Number One Upscale Bowling Lounge Operator Positioned for Continued Expansion Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies, has invested $11.0 million of senior secured debt in Lucky Strike Entertainment, LLC, the leading operator of upscale bowling lounges in the United States and Canada. Lucky Strike is…
Financing Supports Recapitalization by DFW Capital Partners and Management Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies, has invested approximately $16.5 million of debt to support the recapitalization of Venio, LLC ( Venio ) by DFW Capital Partners and management. Headquartered in New York City, Venio is a leading…
Leading Mezzanine Firm Partners with Marwit Capital Partners to Consummate Second Acquisition in the Land Reclamation, Native Seed and Erosion Control Industry Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies, has invested approximately $5 million of subordinated debt to support the acquisition of Bruce Seed Farm, Inc., by Marwit…