News

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…

Praesidian Capital Provides Fusion New Term Debt For Cloud Services’ Acquisition

Praesidian Leads $25.5 Million Investment in Five-Year Senior Notes NEW YORK – April 10, 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 led a $25.5 million investment of five-year senior notes to Fusion (OTCQB: FSNN), a leading…

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…

Brand & Oppenheimer Acquires Performance Textiles, Inc.

PRAESIDIAN CAPITAL INCREASES INVESTMENT IN B&O TO SUPPORT ACQUISITION RED BANK, N.J. – January 21, 2014 – Brand & Oppenheimer Co., Inc. (B&O), a leading textile converter, today announced it has acquired the assets of Performance Textiles, Inc., a leading supplier of high-performance fabrics engineered for domestic and export customers, some of whom have worked…

Praesidian Capital Invests $11.75 Million in Meheen Manufacturing, Inc.

NEW YORK August 14, 2013 Praesidian Capital (the Firm), a leading provider of senior and subordinated debt for small and mid-sized companies, announced today it invested $11.25 million in first lien debt and $500 thousand alongside the sponsor, to support Evolve Capital, Ltd.s investment in Meheen Manufacturing, Inc. This is the second of Evolves portfolio…

Praesidian Capital Invests $17.4 Million in John’s Incredible Pizza Company, Inc.

Funds Will Recapitalize Balance Sheet and Support New Growth NEW YORK – July 31, 2013 – Praesidian Capital, a leading provider of debt capital for small and mid-sized businesses, announced today it has invested $17.4 million of first lien debt to recapitalize John’s Incredible Pizza Company, Inc. (“John’s”). Praesidian’s investment represents 58% of the total…

Praesidian Capital Leads $7.5 Million Debt Investment in Meta Pharmaceutical Services to Support Merger with NexGen RxMarketing

NEW YORK — July 8, 2013 — Praesidian Capital (Praesidian or the Firm), a leading provider of mezzanine capital for small and mid-sized companies, announced today that it led a $7.5 million subordinated debt investment in Meta Pharmaceutical Services (Meta) to support its merger with NexGen RxMarketing, LLC (NexGen). Praesidian had made a previous $6…