NEW YORK — April 10, 2013 — Praesidian Capital (the Firm), a leading provider of senior and subordinated debt for small and mid-sized companies, announced today it has exited successfully from the $8.25 million in senior subordinated debt it provided to a global footwear consolidator and distributor in 2008.According to Jason Drattell, Managing Partner of Praesidian, We have appreciated the opportunity to partner with this company, which fulfills a unique niche in the global footwear industry and promises to continue on a successful path in the future.About Praesidian Capital
Praesidian Capital partners with small and mid-sized businesses by providing private debt capital. With a focus on its core competency in mezzanine financing, Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing. Based in New York City, Praesidian manages more than $700 million in committed capital. For more information, visit www.praesidian.com.
Contact: Rivian Bell
The Abernathy MacGregor Group