Praesidian Capital Invests in DisplayWorks LLC


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 a JPB Growth Capital Partners portfolio company and a leader in the design, fabrication and management of custom and modular trade show exhibits and environments.The investment recapitalized DisplayWorks balance sheet and helped to finance its acquisition of Millennium Communications Group, LLC (MCG). MCG, headquartered in Parsippany, New Jersey, is a leading healthcare solutions company that provides customized marketing, communications and training programs to the medical pharmaceutical industry. MCG, recognized as one of the Inc. 500 fastest growing companies in America three years running, also ranked No. 52 on Inc. Magazine’s 2010 list of Fastest Growing Healthcare Companies in America.James R. Bolduc, President and Chief Operating Officer of JPB Partners said, The merger with MCG is an important step for DisplayWorks growth trajectory. We have partnered with Praesidian Capital several times in the past and chose to partner with them again as they have proven to be patient partners that add a great deal of value and support throughout an investments lifecycle.Neil A. Marks, Managing Partner of Praesidian Capital said, Were pleased to be working with JPB Growth Capital Partners once again. Not only have they have proven themselves able to successfully grow companies organically and via acquisition, but they have also demonstrated the ability to effectively manage companies through economic downturns.About DisplayWorks
DisplayWorks is a premier exhibit company specializing in world-class design solutions for discriminating brands. With over 31 years of award-winning experience, DisplayWorks has earned the trust of high-profile clientele across a wide range of industries. From custom exhibits in Las Vegas or Dubai to events in Paris or Orlando, retail design in London to marketing communications in San Jose, DisplayWorks delivers exceptional solutions that inspire positive reactions when and where you need them most. For more information, go to Millennium Communications Group
Millennium Communications Group, LLC (MCG) is a leading healthcare solutions company. MCG has been servicing the medical and pharmaceutical industry, nationally and internationally, for more than 15 years. MCG specializes in developing customized marketing, communications, and training programs that increase the value of every interaction between home office and sales force, sales force and physicians, and physicians and patients.With a roster of the best and brightest pharmaceutical, medical, scientific, marketing and creative minds, MCG creates programs and solutions that improve sales performance, enhance message retention, accelerate brand recognition, and increase market share. For more information, please visit JPB Partners
JPB Partners is a Columbia, Maryland-based services firm offering privately-held, lower-middle market companies creative solutions for long-term enterprise value creation in the areas of growth capital, strategic advisory services and real estate asset management. The family-owned company was founded in 1995 and has been enabling its clients to create a legacy of success for more than 15 years. For more information, see Praesidian
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

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Dan Hilley
The Abernathy MacGregor Group
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