NEW YORK August 15, 2012 Praesidian Capital (Praesidian or the Firm), a leading provider of mezzanine capital for small and mid-sized companies, announced this week that Thomas J. Duffy has joined the firm as an Associate, effective immediately. Duffys responsibilities include financial analysis, due diligence and execution of new investments along with monitoring portfolio investments….
NEW YORK May 8, 2012 Praesidian Capital (Praesidian or the Firm), a leading provider of mezzanine capital for small and mid-sized companies, has successfully exited its first lien investment in Bridge Capital Solutions Corporation, Long Islands premier licensed commercial check casher. Bridge Capital provides accelerated cash flow solutions for small businesses by giving business owners…
$24.25 MILLION IN DEBT FINANCING TO FINANCE ACQUISITION OF MILLENIUM COMMUNICATIONS NEW YORK February 7, 2012 Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized businesses, announced today it led a $24.25 million senior debt and equity investment in DisplayWorks LLC (DisplayWorks), a premier exhibit company based in Irvine, California. DisplayWorks is…
NEW YORK – November 1, 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 Lucky Strike Entertainment, LLC (“Lucky Strike”), the leading operator of upscale bowling lounges in the United States and Canada.Lucky Strike is the defining brand in…
$6.6 MILLION IN DEBT FINANCING TO SUPPORT GROWTH OF LEADING GO-KART COMPANY NEW YORK October 4, 2011 Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized businesses, announced today it has invested $6.6 million in senior notes and warrants in K1 Speed, Inc., the nations largest operator of indoor go-kart racing tracks…
NEW YORK, N.Y. September 15, 2011 Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized businesses, announced today that it has successfully exited an investment in Solatube International, Inc., a premier developer, manufacturer and marketer of state-of-the-art high performance daylighting systems based in Vista, California.In 2007, Praesidian provided mezzanine financing to help…
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…