Leading Expert Witness and Consulting Company Poised to Continue Growth
NEW YORK, April 4 /PRNewswire/ -- Praesidian Capital Investors, a
leading provider of mezzanine capital for small and mid-sized companies,
has provided $10 million of senior subordinated debt to support the
management-led recapitalization of Resolution Economics, LLC, one of the
nation's premier labor economics and statistical consulting firms.
Resolution Economics provides sophisticated economic and statistical
analysis, as well as information collection and data management services,
in support of various litigation and non-litigation matters. The firm
targets a variety of litigation practice areas, including labor and
employment, breach of contract, commercial damages, insurance coverage,
intellectual property, mass-tort and real estate. The firm's clients
include major law firms, Fortune 500 Companies, government agencies and
insurance companies, as well as smaller companies and single plaintiffs.
"We are excited about the opportunity to partner with Dr. Ali Saad,
Robert Crandall and their entire management team," said Jason Drattell,
Managing Partner at Praesidian. "Resolution Economics has clearly
established itself as a leader in the area of labor and employment
litigation, providing economic and statistical consulting. They are well
positioned to enjoy continued growth."
"Praesidian's experience executing transactions that position small and
mid-market companies for growth was immediately evident," said Dr. Ali I.
Saad, Managing Partner of Resolution Economics. "With Praesidian as our
partner, I am confident we will continue to provide high quality analytics
to clients and enhance our leadership position in this category."
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 Resolution Economics, LLC
Resolution Economics, LLC is one of the nation's premier labor
economics and statistical consulting firms, with extensive experience in
analyzing class action allegations of discrimination in hiring and initial
placement, promotions and placements into coveted positions, pay equity and
terminations. The firm is a leader in providing analyses in connection with
the certification and merits phases of the burgeoning wage and hour class
action arena. The firm also has significant experience analyzing economic
damages in class action, multi-plaintiff and single plaintiff cases and has
presented expert witness testimony in both state and federal courts. The
firm was
founded in 1998, and traces its professional roots back to Price
Waterhouse's Employment Economics Group. For more information, visit
http://www.resecon.com.
SOURCE Praesidian Capital Investors
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Related links:
http://www.praesidian.com
http://www.resecon.com
CONTACT:
Dan Jacobs of Broadgate Consultants, LLC,
+1-212-232-2227, for Praesidian Capital Investors
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