date:Aug 16, 2013
Praesidian Capital, an American provider of senior and subordinated debt for small and mid-sized companies, has invested $11.25m as first lien debt in Meheen Manufacturing, a US-based carbonated beverage bottling machines producer.
The company also invested $500,000 alongside the sponsor, to support private equity firm Evolve Capital's investment in Meheen Manufacturing.
Meheen offers carbonated beverage bottling machines including, Merlin to fill and cap glass and aluminum bottles.
Merlin is