Praesidian Provides $9.75 Million for Recap of Pro-Motion Distributing
Summary
Pro-Motion operates a 35,000 square foot facility in southern California and distributes parts to approximately 1,800 specialty retailers throughout the United States, Canada, South America, Europe and East Asia. Pro-Motion carries one of the broadest, deepest inventories in the industry, featuring parts from leading aftermarket manufacturers including AEM, Eibach, HKS, Momo, Holly and Sparco. With offices in New York and Los Angeles, Praesidian provides mezzanine debt to middle market companies. The firm provides capital for established, historically profitable companies, as well as for management/leveraged buyouts, recapitalizations and refinancings. EFM Capital Partners makes private equity investments to facilitate privately-held, owner-operated businesses transition into professionalized and institutionalized growth platforms.