Leading Mezzanine Provider Partners with JPB Enterprises and Management to
Build Leader in Trade Show Exhibits and Commercial Environments
NEW YORK, March 25 /PRNewswire/ -- Praesidian Capital Investors, a
leading provider of mezzanine capital for small and mid-sized companies,
has invested $4.5 million of subordinated debt to assist in the
acquisitions of the DisplayWorks and Commercial Interiors Business of MICE
North America (d/b/a Marketcraft) by JPB Enterprises, Inc.
DisplayWorks and Marketcraft are premier producers of exhibits and
branded environments around the world. They specialize in face-to-face
marketing using the innovative design of physical environments to
communicate and build integrated brand platforms. Their extensive
portfolios include the design of museums, interpretive and visitors'
centers, exhibitions and trade shows, entertainment venues, theme parks,
retail and other interior architectural programs, as well as major themed
events and strategic communications solutions.
"DisplayWorks and Marketcraft are strong, historically profitable
businesses with talented leadership in Herb Hite and Claudia Gerster,
respectively," said Neil Marks, Managing Partner at Praesidian. "But as an
integrated platform supported by the industry expertise of JPBE, we believe
DisplayWorks and Marketcraft are positioned for even greater success."
"This is the second JPBE deal Praesidian has financed in as many years,
and we are very excited to be working with them again," said Jim Bolduc,
Vice President of JPBE. "Praesidian brings reliability and responsiveness
to small and mid-sized transactions, and we look forward to the firm's
strategic contribution as we work together to build a global leader in
fabrication, design and creative services."
About Praesidian Capital Investors
Praesidian Capital partners with small and mid-sized businesses,
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 over $400 million in committed capital. For more information, visit
http://www.praesidian.com.
About JPB Enterprises, Inc.
JPB Enterprises is a privately owned private equity firm located in
Columbia, Maryland. Founded in 1995 by J.P. Bolduc, the former President
and CEO of W.R. Grace & Co., JPBE focuses on control investments in middle
market companies throughout the United States. For more information, visit
http://www.jpbe.com.
About DisplayWorks
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 has been delivering exceptional solutions that inspire
positive reactions for more than 25 years. With its headquarters in Irvine,
CA and with sales and design offices in San Francisco, CA and Portland, OR,
DisplayWorks is dedicated to delivering the highest levels of creativity
and service. For more information, visit http://www.displayworks.com.
About the Commercial Interiors business
The Commercial Interiors business (d/b/a Marketcraft) creates
extraordinary environments for real estate sales and discovery centers,
restaurants, clubhouses, recreational facilities and upscale resorts. The
Company partners with its clients to understand and capture their sales
visions and develop a "strategic design" space that not only appeals to the
general public, but also to a specific target audience. Headquartered in
Tempe, AZ, the Company's professional design team distinguishes space,
positions products and communicates brand identities. For more information,
visit http://www.marketcraft.net.
SOURCE Praesidian Capital Investors
 back to top
Related links:
http://www.praesidian.com
http://www.jpbe.com http://www.displayworks.com
http://www.marketcraft.net
CONTACT:
Dan Jacobs of Broadgate Consultants, LLC for
Praesidian Capital Investors, +1-212-232-2227
|
