Praesidian Capital Makes Strategic Equity Investment in Reel Power International
December 28, 2023
Praesidian Capital, a private equity firm based in Oklahoma City, announced a strategic equity investment in Reel Power International, a manufacturer of capital equipment for material handling and control serving industrial, marine, and energy markets. The investment is intended to support Reel Power's growth initiatives and product development while partnering with management to expand the business.
- Buyers
- Praesidian Capital
- Targets
- Reel Power International
- Industry
- Manufacturing
- Location
- Oklahoma, United States
- Transaction Type
- Growth capital
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