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Praesidian Capital and Kemper Corporation Subsidiary Partner on Investment in Datamyne

December 15, 2015 10:00 AM EST

New Senior Secured Debt Supports Datamyne Buyout of Zepol Corporation

NEW YORK--(BUSINESS WIRE)-- Praesidian Capital (“Praesidian”), a leading provider of senior and subordinated debt capital for small and mid-sized companies, announced today it has partnered with a subsidiary of Kemper Corporation (NYSE: KMPR) on a senior secured debt to finance growth initiatives by Datamyne Inc., including Datamyne’s recent acquisition of Zepol Corporation. Nassau Point Investors LLC holds a majority interest in Datamyne, a provider of trade data-based global business intelligence and analytical tools.

Based in Miami, Florida, Datamyne’s subscription data and information services are used in international market research, lead generation, sourcing, and trade compliance. Datamyne’s value-add is the ability to cleanse, consolidate, organize and enhance the raw data that comes from Customs authorities. Zepol, based in Edina, Minnesota, has been a direct competitor of Datamyne in U.S. import and export data.

According to Brendan McCahill, Datamyne CEO, Datamyne and Zepol have “helped to redefine and revitalize trade data driven business intelligence. As one, we are positioned to claim leadership in this sector.”

“We are pleased to be working with Nassau Point Investors and Datamyne on this acquisition,” stated Praesidian Partner Glenn Harrison. “We see good growth potential as these two companies unite and define best practices for the trade data industry.”

About Datamyne

Founded in 1992 with the aim of accurately documenting import-export transactions in the Americas, Datamyne has since claimed a top-ranked position in the highly competitive U.S. market for trade data. Today, Datamyne offers the best value in business intelligence – easy access with expert support at an affordable price – to the world’s largest searchable trade database. More information is available at www.datamyne.com.

About Praesidian Capital

Praesidian Capital is an innovative private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market businesses in the United States, United Kingdom, Germany, and selectively in Northern Europe. Praesidian invests in established small and mid-sized companies, often in connection with management buyouts, recapitalizations and refinancings. Based in New York City with an office in London, Praesidian manages nearly $1 billion in committed capital. For more information, visit www.praesidian.com.

About Kemper

The Kemper family of companies is one of the nation’s leading insurers. With $8 billion in assets, Kemper is improving the world of insurance by offering personalized solutions for individuals, families and businesses. Kemper's businesses collectively:

  • Offer insurance for home, auto, life, health and valuables;
  • Service six million policies;
  • Are represented by 30,000 agents and brokers;
  • Employ 6,000 associates dedicated to providing exceptional service; and
  • Are licensed to sell insurance in 50 states and the District of Columbia.

Through the parent company and its subsidiaries, Kemper invests in various public and private asset classes including private credit strategies. Kemper will partner with traditional private credit fund managers and also look to do direct co-investments alongside those managers. Kemper currently has more than $400 million dedicated to this strategy. To learn more about Kemper, visit www.kemper.com.

About Nassau Point Investors LLC

Established in 1999, Nassau Point Investors is a private equity firm based in Greenwich, Connecticut, and headed by founder Jonathan Wendell. The firm organizes, structures, and completes opportunistic principal investments primarily in the small cap space.

The Abernathy MacGregor Group
Rivian Bell
Kristin Cole
Karen Dang
(213) 630-6550

Source: Praesidian Capital



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