Round 2 Holdings (Praesidian) Acquires Lionel LLC, Forming Lionel Brands Group

Praesidian Capital Makes Follow-On Equity Investment in Round 2, LLC

November 10, 2025

Consumer Products

Praesidian Capital completed a strategic follow-on equity investment in Round 2, LLC, a South Bend, Indiana-based designer and manufacturer of collectible models, die-cast vehicles and hobby products. The additional capital will support product development, supply-chain capabilities, digital engagement and expanded distribution — including international growth — building on Praesidian’s original 2021 investment.

Round 2 (Praesidian Capital Portfolio) Acquires Big Country Toys

January 4, 2022

Consumer Products

Round 2, a collectibles platform backed by Praesidian Capital, has acquired Big Country Toys, an Arkansas-based designer, manufacturer and retailer of farm, ranch and rodeo toys and collectibles. The add-on expands Round 2's product offering into a new vertical and opens additional growth channels to mass merchants and hobby customers.

Round Room Live Management and Manhattan West Complete Buyout of Hasbro Subsidiary Stake

October 21, 2022

Media & Entertainment

Founders Stephen Shaw and Jonathan Linden completed a management buyout of Round Room Live’s lead investor (a subsidiary of Hasbro, Inc.), with backing from Los Angeles-based investment firm Manhattan West. The transaction returns control to Round Room’s management and provides a strategic partnership with Manhattan West to support global growth of the company’s touring shows and immersive exhibitions.

Praesidian Capital Acquires Leading Testing Business

August 26, 2021

Industrial Services

Praesidian Capital, a New York–based private equity firm, acquired a controlling interest in a leading materials/testing services business that serves energy, aerospace & defense, laboratory, steel & pipe and other industrial markets. Praesidian said it will partner with management to scale the business organically and through strategic acquisitions to expand capabilities and market share.

Praesidian Capital Announces Exit of E-commerce Distribution Business

August 6, 2025

E-Commerce

Praesidian Capital announced the successful exit of its tech-enabled e-commerce consumer products distribution business. The firm did not disclose the buyer, target company name, or transaction financials in the announcement and said it was pleased to realize the investment and thanked the management team.

Praesidian Capital Acquires Undisclosed Southwestern E‑commerce Distributor

April 12, 2022

Logistics & Distribution

Praesidian Capital acquired a controlling interest in a leading e‑commerce distribution business located in the Southwestern United States. Spirit Bank of Tulsa provided financing for the transaction and Ice Miller LLP served as legal counsel to Praesidian; the firm said the deal expands its e‑commerce activity and footprint in the Southwest.