News

Praesidian Provides $8.5 Million to Finance Recapitalization of Leading Global Welding Equipment Company

ARC Machines, Inc.’s Management Team and Marwit Capital Partner with Leading Mezzanine Provider to Drive Growth Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized companies, has provided $8.5 million of senior subordinated debt and $250 thousand of equity to support the recapitalization of Arc Machines, Inc. (“AMI”) by Marwit Capital and…

Praesidian Capital Reaches Final Close on Oversubscribed Fund

$236 Million Fund To Continue Firm’s Focus On Middle Market Mezzanine Investing Praesidian Capital, a leading provider of mezzanine debt for middle-market companies, today announced the successful closing of Praesidian Capital Investors II, LP with total capital commitments of $236 million. “This Fund is a representation of a diversified group of investors who trust in…

Praesidian Provides $6.5 Million to Finance Management Buyout of Top Ten Business Travel Company

Tzell Travel Management Team Acquires Shares of Parent Company, CNG Travel Group Praesidian Capital, a leading provider of mezzanine debt to middle market companies, has provided $6.5 million of senior subordinated debt financing for the recapitalization of Tzell Travel, LLC ( Tzell ), a top ten business travel company focused on the mid-sized corporate travel…

Praesidian Capital to Fund Growth of Global Leader in Daylighting Systems

Solatube International Poised for Worldwide Expansion Praesidian Capital, a provider of mezzanine debt to middle market companies, has provided mezzanine capital to help fund the growth plans for Solatube International, Inc. Headquartered in Vista, CA, Solatube is the premier developer, manufacturer and marketer of state-of-the-art high performance daylighting systems for use in a wide range…

Praesidian Capital Provides Growth Capital for National Truck Protection Company, the Premier Warranty Provider for Heavy Duty Trucks

Leading Mezzanine Firm Provides Debt Financing To Support Growing Middle Market Company Praesidian Capital, a leading provider of mezzanine debt to middle market companies, has provided senior secured debt to support the equity and growth capital investments in National Truck Protection Company, Inc. (“NTP”) by Palladian Capital Partners and NTP Management. NTP is the largest…

Praesidian Capital Finances Recapitalization of Nation’s Leading Mall-Based Massage Chair Operator

Leading Middle Market Mezzanine Firm Invests in Sit Back & Relax, LLC Praesidian Capital, a leading provider of mezzanine debt to middle market companies, has provided subordinated debt financing in the amount of $6,500,000 for the recapitalization of Sit Back & Relax, LLC (“SBR”), the leading owner and operator of premium coin-operated massage chairs in…

Praesidian Capital Supports Recapitalization of CODi, Inc.

Provider of Notebook Computer Carrying Cases to Fortune 500 Companies Represents Sixth New Investment of 2006 for Leading Mezzanine Firm Praesidian Capital, a leading provider of mezzanine debt to middle market companies, has provided subordinated debt financing for the recapitalization of CODi, Inc. (“CODi”), a leading provider of notebook computer carrying cases to Fortune 500…

Praesidian Helps Finance Acquisition of GE’s Calibration and Repair Business

Leading Middle Market Mezzanine Firm Provides $7 Million For Recap Of Davis Inotek Instruments Praesidian Capital Investors, a leading provider of mezzanine debt to middle market companies, has provided subordinated debt financing in the amount of $7,000,000 for the recapitalization of Davis Inotek Instruments, LLC (“Davis”), a leading distributor and manufacturer of test, measurement and…

Praesidian Provides $9.75 Million for Recap of Pro-Motion Distributing

Leading Middle Market Mezzanine Firm Invests In Distributor Of Aftermarket Auto Parts Praesidian Capital, a leading provider of mezzanine debt to middle market companies, has provided senior and subordinated debt financing in the amount of $9,750,000 for the recapitalization of Pro-Motion Distributing, Inc. (“Pro-Motion”), a leading distributor of branded specialty automotive aftermarket parts within the…

Praesidian Capital Finances BondCote Recap

Leading Provider Of Mezzanine Debt Invests In Niche Manufacturer Of Coated And Laminated Fabrics Praesidian Capital, a leading provider of mezzanine capital to middle market companies, today announced the closing of a $6,000,000 debt investment in BondCote Corporation (“BondCote”), a premier manufacturer of highly engineered coated and laminated industrial fabrics. The financing aided Stonebridge Partners…

Praesidian Capital Finances MBO of BenefitPort MidAtlantic

Leading Provider Of Mezzanine Debt Invests In Technology-Based Solutions Provider For Health Insurance And Employee Benefites Industries Praesidian Capital, a leading provider of mezzanine capital to middle market companies, today announced the closing of a $7,200,000 debt investment in BenefitPort MidAtlantic, LLC (“BenefitPort MidAtlantic”). Praesidian helped existing management purchase the company from an affiliate of…

Praesidian Capital Helps Finance CAM Fabrication Recapitalization

Praesidian Capital, LP, a provider of mezzanine debt for middle market companies, today announced that it has assisted JMH Capital and management in the $24.5 million recapitalization of CAM Fabrication, Inc., the leading concrete forms and accessories distributor in the Southeast. “We are pleased to partner with JMH Capital, which has the operational expertise, and…