Post Capital Partners Invests in Property Registration Champions

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.