Our Deals

Mezzanine Debt Provided to Operating Businesses:


Park Production Group

Website

N/A

Investment Year

1999

Status

Former

Headquarters

Richmond, VA

Deal Size

$1M

Park Production Group is a production and post production editing facility located in Richmond, VA. Prudent Capital provided $1M of mezzanine debt to assist in their expansion into Washington, DC.

Citistorage

Website

N/A

Investment Year

2000

Status

Former

Headquarters

Brooklyn, NY

Deal Size

$6M

Citistorage is a archive box storage company loated in Brooklyn, NY. Prudent Capital provided $3M of mezzanine debt to assist in their purchase of additional land for the construction of dditional warehousing facilities, $1.02M of mezzanine debt to acquire the right to store additional archive boxes, $2.5M of mezzanine debt to restructure the Company's debt, and $.5 million of debt as part of a $2.8M second deed-of-trust financing for the Compnay's real estate.

KP Sports
DBA Under Armour

Website

underarmour.com

Investment Year

2001

Status

Former

Headquarters

Baltimore, MD

Deal Size

$6M

Under Armour is a sports apparel manufacturer located in Baltimore, MD. Prudent Capital provided $3M of mezzanine debt to help finance their rapid growth and a $3M bridge loan until the Company's receipt of private equity.

TCOM

Website

tcomlp.com

Investment Year

2002 & 2006

Status

Former

Headquarters

Columbia, MD

Deal Size

$7.9M

TCOM is an aerostat manufacturer with headquarters in Columbia, MD and operations in Elizabeth City, NC. Prudent Capital provided $2.9M of mezzanine debt to help finance certain large, long-term contracts and $5M of mezzanine debt to recapitalize the Company and redeem its preferred stock.

Impact Office Products

Website

impactofficepro.com

Investment Year

2003

Status

Former

Headquarters

Beltsville, MD

Deal Size

$2M

Impact Office Produces is an office supply distributor with operations is Washington, DC and Philadelphia. Prudent Capital provided $2M of mezzanine debt to help finance their rapid growth.

Vista Technology
Services, Inc.

Website

vistatsi.com

Investment Year

2003

Status

Former

Headquarters

Herndon, VA

Deal Size

$1M

Vista Technology Services is a government contractor specializing in data integration and decision support services for military facilities located in Herndon, VA. Prudent Capital provided $1M of mezzanine debt to assist the management-led buyout of the Company.

CBLPath

Website

cblpath.com

Investment Year

2003

Status

Former

Headquarters

Ocala, FL

Deal Size

$2.5M

CBLPath is a provider of outpatient anatomic pathology laboratory services to sub-specialty physicians with headquarters in Ocala, FL and laboratories in Mamaroneck, NY and Lake Success, NY. Prudent Capital provided $2.5M of mezzanine debt to assist in the purchase of 75% of the Company.

Prudent Capital also provided $2.25M of mezzanine debt to Strategicon LLC, an investment entity controlled by the CEO of CBLPath, to provide investment diversification.

Evolvent Technologies

Website

N/A

Investment Year

2005

Status

Former

Headquarters

Herndon, VA

Deal Size

$2.25M

Evolvent Technologies is a provider of business information technology services primarily to the federal government primarily in the cyber-security and business intelligence areas with locations in Falls Church, VA and San Antonio, TX. Prudent Capital provided $2.25M of mezzanine debt to assist in the leveraged management buy-out of the Company.

OneVision Utility Services

Website

ovususa.com

Investment Year

2006

Status

Former

Headquarters

Cartersville, GA

Deal Size

$2.4M

OneVision Utility Services is a provider of damage prevention services to utility companies by determining the location of their underground facilities in order to prevent utility network outages and to safeguard the general public from the consequences of damages to underground utilities with operations from Washington, DC to Atlanta, GA. Prudent Capital provided $2.4M of mezzanine debt to assist in the combination of 2 operating companies and 1 software company in the industry.

Viztek Holdings/
20/20 HealthCare

Website

N/A

Investment Year

2006

Status

Former

Headquarters

Jacksonville, FL

Deal Size

$3M

Viztek Holdings / 2020 HealthCare is a provider of digital healthcare information technology services and products to doctors' offices and imaging centers with headquarters in Jacksonville, FL. Prudent Capital provided $3M of mezzanine debt to assist in the purchase of 75% of the Company.

Suncrest Healthcare

Website

N/A

Investment Year

2006

Status

Former

Headquarters

Nashville, TN

Deal Size

$5M

SunCrest Healthcare is an operator of Medicare-certified home healthcare agencies in Jacksonville, FL, Memphis, TN, and Nashville, TN that provides various combinations of skilled nursing and therapy care, as well as other services, in the home of the patient. Prudent Capital provided $5M of mezzanine debt to help acquire the agencies and provide working capital to the Company.

Macfadden

Website

macf.com

Investment Year

2009

Status

Former

Headquarters

Silver Spring, MD

Deal Size

$4.6M

Macfadden is a government contractor located in Silver Spring, MD that provides integrated information technology and program management support services to the United States Agency for International Development (USAID), Treasury, and other government agencies. Prudent Capital provided $4.6M of mezzanine debt to refinance debt incurred in connection with the acquisition of another government contractor.

Damage Recovery Systems

Website

drsreturns.com

Investment Year

2010

Status

Current

Headquarters

Marlton, NJ

Deal Size

$4.75M

Damage Recovery Systems is a reverse logistics company located in Pottstown, PA. Prudent Capital provided $4.75M of mezzanine debt to help acquire the Company.

Southside Container & Trailer

Website

N/A

Investment Year

2010

Status

Former

Headquarters

Waterboro, SC

Deal Size

$2.2M

Southside Container & Trailer is a custom container fabricator located in Waterboro, SC. Prudent Capital provided $2.2M of mezzanine debt to help acquire the Company.

ICAT Logistics

Website

icatlogistics.com

Investment Year

2010

Status

Former

Headquarters

Columbia, MD

Deal Size

$1.5M

ICAT Logistics is a Columbia, MD based company that provides worldwide transportation logistics and expedited freight services directly to customers through a network of agencies/franchisees. Prudent Capital provided $1.5M of mezzanine debt to provide growth capital.

American Cadastre

Website

N/A

Investment Year

2011

Status

Former

Headquarters

Herndon, VA

Deal Size

$3M

AMCAD is a Herndon, VA based full-service records management company that specializes in licensing and installing software for state and local governments for their Justice and Land Records Departments. Prudent Capital provided $3M of mezzanine debt to provide growth capital.

Innovative Discovery

Website

id-edd.com

Investment Year

2012

Status

Former

Headquarters

Arlington, VA

Deal Size

$4.5M

Innovative Discovery is a Arlington, VA based litigation support company that provides a variety of digital investigations, including computer forensics, incident response, eDiscovery, legal review, IP theft, compliance auditing, and information assurance. Prudent Capital provided upto $4.5M of mezzanine debt to redeem non-active owners and to provide growth capital.

Selectron Solutions

Website

selectronsolutions.com

Investment Year

2012

Status

Current

Headquarters

Marlton, NJ

Deal Size

$1.75M

Selectron Solutions (formerlly Blue Raven Technologies and ReverTech Solutions) is a reverse logistics company located in Boston, MA that specializes in the repair of complex electric devices such as tablets, laptops, and desktops. Prudent Capital provided $1.75M of mezzanine debt to acquire a company.

Snowbird Environmental

Website

snowbirdtech.com

Investment Year

2013

Status

Former

Headquarters

Jacksonville, FL

Deal Size

$3.5M

Snowbird Environmental is a ruggedized heating and air conditioning systems manufacturer for the military located in Jacksonville, FL. Prudent Capital provided $3.5M of mezzanine debt to acquire the Company.

Atherio

Website

N/A

Investment Year

2013

Status

Former

Headquarters

Bethesda, MD

Deal Size

$6M

Atherio is a global IT consulting company with a focus on Oracle database implementations and off-shoring work in India. Prudent Capital provided $6M of mezzanine debt to help acquire 2 companies.

Penrod

Website

thepenrodcompany.com

Investment Year

2013

Status

Former

Headquarters

Virginia Beach, VA

Deal Size

$3.5M

Penrod is a distributor of a broad selection of wood, metal, and PVC specialty building products headquartered in Virginia Beach, VA. Prudent Capital provided $3.5M of mezzanine debt in conjunction with a debt recapitalization of the Company.

Adoration Health

Website

adorationhealth.com

Investment Year

2015

Status

Former

Headquarters

Nashville, TN

Deal Size

$4M

Adoration Health is a Medicare and Medicaid certified home health and hospice business headquartered in Nashville, TN. Prudent Capital provided $4M of mezzanine debt to acquire the certificates of need required to operate in Tennessee.

IIT

Website

iit-corp.com

Investment Year

2015

Status

Current

Headquarters

Herndon, VA

Deal Size

$5M

IIT is a government and commercial contractor that specializes in cyber security, information security, critical infrastructure protection, intelligence communications and electronic warfare headquartered in Herndon, VA. Prudent Capital provided $5M of mezzanine debt in conjuction with the acquisition of the Company.

Blake Real Estate

Website

blakereal.com

Investment Year

2015

Status

Current

Headquarters

Washington, DC

Deal Size

$5.27M

Blake Real Estate is a real estate development and mangagement company in the Greater Washington DC area. Prudent Capital provided $5.27M as part of a $45.79M Wrap Note transaction to provide liquidity to noteholders; the note is secured primarily by partnership interests in rental real estate and related operating businesses.

Swish Data

Website

swishdata.com

Investment Year

2019

Status

Current

Headquarters

McLean, VA

Deal Size

$6M

Swish Data is a government contractor based in McLean, VA that is a value-added reseller and an engineered solutions provider. Prudent Capital provided $6M of mezzanine debt to acquire additional inventory to be re-sold to their clients.

Bradford Soap

Website

bradfordsoap.com

Investment Year

2019

Status

Current

Headquarters

West Warwick, RI

Deal Size

$4.5M

Bradford Soap is a manufacturer and distributer of specialty soaps and other solid cleansing and personal care products headquartered in West Warwick, RI. Prudent Capital provided $4.5M of mezzanine debt to recapitalize the Balance Sheet.




Preferred Equity Provided to Operating Businesses:


Vista Technology
Services, Inc.

Website

vistatsi.com

Investment Year

2003

Status

Former

Headquarters

Herndon, VA

Deal Size

$.5M

Vista Technology Services is a government contractor specializing in data integration and decision support services for military facilities located in Herndon, VA. Prudent Capital provided $.5M of preferred equity to assist in the management-led buyout of the Company.

CBLPath

Website

cblpath.com

Investment Year

2003

Status

Former

Headquarters

Ocala, FL

Deal Size

$1M

CBLPath is a provider of outpatient anatomic pathology laboratory services to sub-specialty physicians with headquarters in Ocala, FL and laboratories in Mamaroneck, NY and Lake Success, NY. Prudent Capital provided $1M of preferred equity to assist in the purchase of 75% of the Company.

Evolvent Technologies

Website

N/A

Investment Year

2005

Status

Former

Headquarters

Herndon, VA

Deal Size

$1M

Evolvent Technologies is a provider of business information technology services primarily to the federal government primarily in the cyber-security and business intelligence areas with locations in Falls Church, VA and San Antonio, TX. Prudent Capital provided $1M of preferred equity to assist in the leveraged management buy-out of the Company.

Nurses Now

Website

N/A

Investment Year

2005

Status

Former

Headquarters

Washington, DC

Deal Size

$.8M

Nurses Now is a provider of nurse staffing services to hospitals in the Washington, DC and Baltimore metropolitan areas. Prudent Capital provided $.8M of preferred equity to help finance the growth of the Company.

Suncrest Healthcare

Website

N/A

Investment Year

2006

Status

Former

Headquarters

Nashville, TN

Deal Size

$3.15M

SunCrest Healthcare is an operator of Medicare-certified home healthcare agencies in Jacksonville, FL, Memphis, TN, and Nashville, TN that provides various combinations of skilled nursing and therapy care, as well as other services, in the home of the patient. Prudent Capital provided $3.15M of preferred equity to help acquire the agencies and provide working capital to the Company.

Viztek Holdings/
20/20 HealthCare

Website

N/A

Investment Year

2006

Status

Former

Headquarters

Jacksonville, FL

Deal Size

$1M

Viztek Holdings / 2020 HealthCare is a provider of digital healthcare information technology services and products to doctors' offices and imaging centers with headquarters in Jacksonville, FL. Prudent Capital provided $1M of preferred equity to provide additional growth capital to the Company.

Damage Recovery Systems

Website

drsreturns.com

Investment Year

2010

Status

Current

Headquarters

Marlton, NJ

Deal Size

$1.5M

Damage Recovery Systems is a reverse logistics company located in Pottstown, PA. Prudent Capital provided $1.5M of preferred equity in conjunction with a recapitalization of the Company.

Adoration Health

Website

adorationhealth.com

Investment Year

2015

Status

Former

Headquarters

Nashville, TN

Deal Size

$3.2M

Adoration Health is a Medicare and Medicaid certified home health and hospice provider in the middle Tennessee area. Prudent Capital provided $3.2M of preferred equity in conjunction with the acquisition of certificates of need required to operate in Tennessee.

IIT

Website

iit-corp.com

Investment Year

2015

Status

Current

Headquarters

Herndon, VA

Deal Size

$2M

IIT is a government and commercial contractor that specializes in cyber security, information security, critical infrastructure protection, intelligence communications and electronic warfare headquartered in Herndon, VA. Prudent Capital provided $2M of preferred equity in conjuction with the acquisition of the Company.




Real Estate Secured Loans:


First Deeds of Trust

Address

Amount

Year

1364 Bryant St NE
$548,000
2019
1479 Harvard St NW
$820,000
2019
47 Q St NW
$608,000
2019
520 E St NE
$102,500
2019
622-624 Girard St NE
$1,390,000
2019
636 Girard St NE
$488,000
2019
7712 12th St NW
$580,000
2020

Second Deeds of Trust

Address

Amount

Year

1404 Meridian Pl NW
$400,000
2018
1455 Girard St NW
$584,500
2018
1834-1836 Kendall St NE
$394,500
2018
2331 High St SE
$280,000
2018
43 Quincy Pl NW
$695,500
2019
770 Park Rd NW & 3736 12th St NE
$1,737,000
2018
1215-1219 K St NE
$2,000,000
2017
7110 9th St NW
$102,500
2018
808-812 13th St NE
$650,000
2019
1632 Eckington Pl NE
$200,000
2018



Capital Provided for Sale-Leaseback Transactions:


Galaxy Tire & Wheel/
GPX International Tire

Website

N/A

Investment Year

2003

Status

Former

Headquarters

Boston, MA

Deal Size

$2.35M

Galaxy Tire & Wheel / GPX International Tire Corporation is a manufacturer and wholesaler of off-the-road tires for agricultural, construction, and industrial equipment with headquarters in Boston, MA. Prudent Capital provided $2.35M as a sale-leaseback of the Company's headquarters to provide additional working capital for thier new manufacturing operations in Serbia.