Praesidian Capital Exits $6.6 Million Senior Debt in K1 Speed
NEW YORK June 4, 2013 Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized businesses, announced today the successful exit of $6.6 million in senior notes in K1 Speed, Inc., the nations largest operator of indoor go-kart racing tracks based in Irvine, Calif. Praesidian made its initial investment in September…