Michael Pfeffer, managing director of Post Capital
NEW YORK CITY— As more municipalities address challenges of foreclosed, rental and vacant properties, a property registration administrator is expanding its business. Investment firm Post Capital Partners has partnered with existing shareholders of Property Registration Champions, also known as ProChamps, Thomas Darnell and David Mulberry, and with an executive in the business process outsourcing and outsourced government services industry Robert Mannarino, to complete the recapitalization of ProChamps.
In the recap, the previous owners are continuing as part of management and as shareholders. Post Capital and Mannarino invested equity capital to acquire stock in ProChamps. Additional financial terms were not disclosed.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
