Praesidian Capital Exits Venio LLC Via Sale To The Keane Organization--CORRECTED

CORRECTION: Praesidian Capital LLC exited its investment in Venio LLC. The exit was facilitated by Venio’s purchase of certain divisions from The Keane Organization and a new financing associated with the transaction. Praesidian of New York is a provider of mezzanine capital for small and mid-sized companies. It added Venio to its portfolio in December 2008. (An item published earlier incorrectly reported that Venio was acquired by The Keane Organization.)

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