Cognitive Capital-backed Mezzanine Capital and Cognitive Capital Partners, an investment services providers, completed the $19m investment in Thaler Machine, a machine tool accessories manufacturer. Financial terms were not disclosed. “We are excited to continue our long-term relationship with PNC Mezzanine Capital. They have been value-added partners for Cognitive on past deals, and given their flexibility, experience investing in niche manufacturing and knowledge base in the aerospace and defense sectors, they are an ideal partner for us and for Thaler,” Ron Yokubison, Cognitive Capital Partner.