News

Praesidian Capital Invests in DisplayWorks LLC

$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…

Praesidian Capital Successfully Exits Investment in Lucky Strike

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…

Praesidian Successfully Exits Investment in Solatube

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…

Praesidian Capital Successfully Exits Investment in CODi, Inc.

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…

Praesidian Capital Completes Investment in Worldwise

$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…

Praesidian Capital Completes Investment in The PromptCare Companies, Inc.

$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…

Praesidian Capital Receives Approval for SBIC License

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

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…

Praesidian Capital Completes Investment in Meta Pharmaceutical Services

Praesidian Capital Provides $6 Million to Finance Recapitalization of Meta Pharmaceutical Services with DFW Capital Partners to Facilitate Growth NEW YORK September 30, 2010 Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized companies, has invested $6 million in subordinated debt in Meta Pharmaceutical Services, a leading sales and marketing data services…

Praesidian Makes Senior Debt Investment in Bridge Capital Solutions

Licensed Commercial Check Casher Serving Small Businesses in Long Island Praesidian Capital, a leading provider of mezzanine capital for small and mid-sized companies, has committed $4 million of senior secured debt to Bridge Capital Solutions Corporation, Long Island s premier licensed commercial check casher. Bridge Capital provides liquidity to local Long Island businesses to fund…