PDF summary
return to news

New York | March 2006

Praesidian Capital Adds Experienced Mezzanine Debt Professional

Leading Mezzanine Debt Provider Expands Capabilities With Addition of Robert Winer

Praesidian Capital, a leading provider of mezzanine capital to middle market companies, announced today that Robert S. Winer has joined the firm's team of investment professionals.

"We are very pleased that Robert will be joining us at Praesidian. He brings extensive experience with mezzanine debt and equity transactions," said Jason D. Drattell, Managing Partner of Praesidian Capital. "As we continue our commitment to leadership in providing capital to middle market companies, we look forward to Robert's contributions."

Mr. Winer, with over years of financial modeling and analysis experience, most recently served as an associate at Fifth Street Capital LLC, a small-cap mezzanine firm based in White Plains, New York. Prior to this, Mr. Winer was an investment banking analyst at Wachovia Securities, Inc. where he evaluated strategic and financing alternatives for manufacturing and industrial technology companies. Robert also held roles in debt finance and business development at Wachovia and Lightship Telecom. He received his MBA and MSF from Boston College and a BSBA in finance, economics, and international business from Washington University in St. Louis.

The addition of Mr. Winer to the team builds on the momentum Praesidian carried into 2006. The Firm has closed eight investments since the close of its debut fund in February 2005 on $157 million, establishing a strategy of partnering with strong co-investors and talented management teams. Portfolio companies include Nutritional Laboratories International, Inc., a leading manufacturer of quality nutritional supplements owned by Red Diamond Capital and management; Life is good, Inc., a privately-owned branded apparel company; CAM Fabrication, Inc., a leading concrete forms and accessories distributor in the Southeast owned by JMH Capital and management; and BenefitPort MidAtlantic, the leading provider of technology-based solutions for the group insurance and employee benefits industry, which was purchased by management.

About Praesidian Capital
Praesidian provides mezzanine debt to middle-market companies. The firm provides capital for established, historically profitable companies as well as for management/leveraged buyouts, recapitalizations and refinancings. Praesidian Capital's executives have overseen successful exits for over 80 deals in the past 20 years and have been involved in all aspects of the deal life-cycle. For more information, visit www.praesidian.com

Media Contact: Dan Jacobs
Broadgate Consultants, LLC
Phone: 212 232 2227

return to news