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Praesidian Capital Investors Funds Acquisition of Bruce Seed Farm.

Publication: PR Newswire
Publication Date: 04-NOV-08 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Leading Mezzanine Firm Partners with Marwit Capital Partners to Consummate Second Acquisition in the Land Reclamation, Native Seed and Erosion Control Industry

NEW YORK, Nov. 4 /PRNewswire/ -- Praesidian Capital Investors, a leading provider of mezzanine capital for small and mid-sized companies, has invested approximately $5 million of subordinated debt to support the acquisition of Bruce Seed Farm, Inc., by Marwit Capital Partners as part of its land reclamation, native seed, and erosion control industry consolidation strategy. Including the initial acquisition of Granite Seed Company, Praesidian's total investment in this platform is approximately $15 million of subordinated debt.

Bruce Seed Farm, headquartered in Townsend, MT,...

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