News

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 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 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 Promotes Tom Duffy to Vice President

NEW YORK April 2, 2014 Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Tom Duffy has been promoted from Associate to Vice President. Mr. Duffy joined Praesidian in 2012 with six years of investment banking and commercial lending experience. In his time with the firm,…

Praesidian Capital Adds More Than $8.0 Million to Etransmedia Technology, Inc. Investment

NEW FUNDING WILL SUPPORT PLANNED ACQUSITIONS TO EXPAND COMPANYS CUSTOMER BASE NEW YORK February 6, 2014 Only one year after providing capital to fund growth in a healthcare information technology company, Praesidian Capital, along with a co-investor Kemper Insurance, has invested an additional $8.3 million in Etransmedia Technology, Inc. (Etransmedia). Praesidian is a leading provider…