Praesidian Capital

Ocean State Innovations Announces Appointment of Senior Vice President of Sales

Retrieved on: 
Tuesday, February 1, 2022
Other Professional Services, Professional Services, Finance, U.S. Military Telegraph Corps, Leadership, CEO, Management, Capital, Partnership, Textile, B&O, Senior, OSI, Industry, Oppenheimer, History, Solution, Ocean State Innovations, Praesidian Capital, OCEAN STATE INNOVATIONS, PRAESIDIAN CAPITAL

Ocean State Innovations, a leading textile provider, announced today the appointment of Geoff Senko as Senior Vice President of Sales.

Key Points: 
  • Ocean State Innovations, a leading textile provider, announced today the appointment of Geoff Senko as Senior Vice President of Sales.
  • I am excited to have Geoff join the team as we continue to be a force in the global textile industry.
  • In 2019, Brand and Oppenheimer became Ocean State Innovations (OSI) to continue the tradition of quality textiles, while focusing on the companys innovative industry expertise and strong Rhode Island roots.
  • Ocean State Innovations has distinguished itself as the premier global source for textile products and services and continues as a leader in the textile industry for the U.S. Military.

Praesidian Capital Acquires Collectibles Business

Retrieved on: 
Monday, January 25, 2021
Professional services, Online Retail, Retail, Other Retail, Specialty, Finance, Finance, Money, Economy, Private equity, Corporate finance, Equity securities, Investment, Growth capital, Orix USA, Entrepreneurial finance, Round 2, Praesidian Capital

Praesidian Capital, a leading private investment firm, announced today that it acquired a controlling interest in Round 2 (Company).

Key Points: 
  • Praesidian Capital, a leading private investment firm, announced today that it acquired a controlling interest in Round 2 (Company).
  • This is the second platform company closed by Praesidian Capital under its recently launched private equity strategy.
  • Glenn Harrison, Praesidian Capital Partner said: Product design and innovation will always be at the core of Round 2s growth strategy but we also believe there is significant consolidation opportunity within the highly fragmented collectibles space.
  • Praesidian Capital is an innovative private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market businesses in the United States, United Kingdom, Germany, and selectively in Northern Europe.

Ocean State Innovations Announces Appointment of Vice President of Finance

Retrieved on: 
Wednesday, July 15, 2020
Textiles, Manufacturing, Industries, Textile industry, Ocean State Innovations, Praesidian Capital

Ocean State Innovations, a leading textile converter, has announced the appointment of Mary Shalkowski as Vice President of Finance.

Key Points: 
  • Ocean State Innovations, a leading textile converter, has announced the appointment of Mary Shalkowski as Vice President of Finance.
  • Shalkowski joins OSI with extensive finance experience gathered from a broad range of responsibilities, most recently at Cranston Printworks.
  • Founded in 1913 as Brand and Oppenheimer Company, Inc. ("B&O") as a supplier of garment linings, the company celebrates a rich history in the textile industry.
  • In 2019, Brand and Oppenheimer became Ocean State Innovations (OSI) to continue the tradition of quality textiles, while focusing on the companys innovative industry expertise and strong Rhode Island roots.

Ocean State Innovations Appoints Brian Pinson as VP of Sales

Retrieved on: 
Tuesday, February 4, 2020
Textiles, Manufacturing, Academic journals, Elizabethton, Tennessee, Johnson City metropolitan area, State of Franklin, Innovations, Greenville, South Carolina, Pinson, Periodicals, East Tennessee, Ocean State Innovations, Praesidian Capital

Ocean State Innovations (a Brand and Oppenheimer Company), a leading textile solutions provider, announced the appointment of Brian Pinson as Vice President of Sales.

Key Points: 
  • Ocean State Innovations (a Brand and Oppenheimer Company), a leading textile solutions provider, announced the appointment of Brian Pinson as Vice President of Sales.
  • Brian will be working from Greenville, South Carolina and will report to the Senior Management of Ocean State Innovations.
  • With over 29 years of management and leadership experience in the textile industry, Mr. Pinson will make a great addition to the Ocean State Innovations team.
  • In 2020, Ocean State Innovations acquired the assets of ColorWorks, a premier textile dyer and finisher located in Elizabethton, TN.

Praesidian Capital Exits Investment in Resolution Economics, LLC

Retrieved on: 
Thursday, January 16, 2020
Professional services, Small business, Legal, Human resources, Finance, Consulting, Capital, Capitalism, Resolution Economics, Praesidian Capital

Praesidian Capital, a leading provider of capital for small and mid-sized businesses, announced today that it has successfully exited its investment in Resolution Economics, LLC (Resolution or the Company).

Key Points: 
  • Praesidian Capital, a leading provider of capital for small and mid-sized businesses, announced today that it has successfully exited its investment in Resolution Economics, LLC (Resolution or the Company).
  • Resolution specializes in highly complex class action lawsuits and employs a highly technical workforce; 17 Resolution professionals have served as expert witnesses.
  • Praesidian first invested in Resolution Economics in 2008 and led a subsequent investment in 2015.
  • Jason Drattell, Founder of Praesidian Capital, commented: Ali, Rob and the management teams unmatched expertise and constant innovation built Resolution Economics into an industry leader.

Ocean State Innovations Acquires ColorWorks

Retrieved on: 
Tuesday, January 7, 2020
Professional services, Textiles, Manufacturing, Finance, Academic journals, Articles, Design, Innovation economics, Business law, Lien, Property law, Innovations, Law, Ocean State Innovations, Praesidian Capital

Ocean State Innovations, (a Brand & Oppenheimer Company), a leading textile solutions provider, announced its acquisition of ColorWorks.

Key Points: 
  • Ocean State Innovations, (a Brand & Oppenheimer Company), a leading textile solutions provider, announced its acquisition of ColorWorks.
  • We look forward to continuing our commitment to the ongoing operations at ColorWorks and the future innovation that the commission dyeing and finishing segment adds to Ocean State, said Edward Ricci, Ocean State Innovations CEO.
  • Sam Buchanan, President of ColorWorks said: We are extremely excited to join the Ocean State Innovations team.
  • Ocean State Innovations continued strategic growth has received enthusiastic support from Praesidian Capital, which initially invested both first lien debt and equity in B&O / Ocean State.