Prospect Partners

Prospect Partners is a private equity investment firm based in Chicago, Illinois, founded in 1998. The firm specializes in investing in lower middle-market companies across the United States, focusing on niche manufacturing, specialty services, value-added distribution, food, and consumer products. With approximately $470 million under management across three committed funds, Prospect Partners has completed over 135 transactions, primarily through management-led leveraged recapitalizations and buyouts. The firm typically targets companies with revenues under $75 million and EBITDA in the range of $2 million to $8 million, seeking to build a diverse portfolio of platform companies in various sectors.

Pawel Armatys

Associate

Ryan Chapman

Associate

Dan Hejza

Senior Associate

Brett Holcomb

Partner

Lou Kenter

Founder

Erik Maurer

Partner

Mike McInerney

Director

Bradley C. O'Dell

Partner

Colin O'Donnell

Vice President

David A. Rigler

Associate

Kyle Slovis

Senior Associate

Zach Stander

Vice President

Kyle Thomas

CFO

Rick Tuttle

Founder

36 past transactions

Minuteman Security Technologies is an established provider of advanced electronic security systems with over 28 years of experience. As the largest independent security system integrator in the New England states, the company specializes in designing, installing, and maintaining complex security solutions tailored for enterprise customers. Their offerings include video surveillance, access control systems, emergency communications, intrusion detection systems, and public safety security systems. Through these services, Minuteman Security Technologies enables clients to enhance their security measures and ensure comprehensive surveillance of their premises. The company operates from five regional support offices, allowing for effective service and support across the region.

Bland Landscaping Company

Acquisition in 2018
BLAND LANDSCAPING CO. INC. provides residential estates and commercial landscaping services in Triangle, Triad, and Charlotte-Metro regions. Its commercial and estate gardening services include grounds management, landscape design, landscape installation, landscape renovation, irrigation, outdoor lighting, and hardscape. The company was founded in 1976 and is based in Apex, North Carolina.

Bland Landscaping Company

Private Equity Round in 2017
BLAND LANDSCAPING CO. INC. provides residential estates and commercial landscaping services in Triangle, Triad, and Charlotte-Metro regions. Its commercial and estate gardening services include grounds management, landscape design, landscape installation, landscape renovation, irrigation, outdoor lighting, and hardscape. The company was founded in 1976 and is based in Apex, North Carolina.

Minuteman

Private Equity Round in 2017
Minuteman is a provider of power protection and management products.

QMI

Private Equity Round in 2017
Manufacturer of physical security and protection products for commercial and residential applications. The company offers a variety of services which include rolling shutters for storefronts, counters and cases, as well as side-folding and hurricane rolling shutters, enabling clients to prevent theft and have protection against storms.

All Glass & Windows

Private Equity Round in 2016
All Glass & Windows is a leading window and door company based in Sarasota, Florida, serving a diverse clientele across the state. The company specializes in impact-resistant glass and related products, providing a comprehensive range of offerings including storefront glass, glass curtain wall systems, aluminum doors and hardware, casement windows, and glass handrails. All Glass & Windows focuses on meeting the needs of contractors, builders, and residential, commercial, and retail customers, supporting their requirements for new construction, replacement, remodeling, and upgrades. Committed to energy efficiency and modern technology, the company aims to deliver high-quality products and installation services tailored to enhance various applications.

Waste Harmonics

Acquisition in 2016
Waste Harmonics specializes in outsourced waste management services for blue-chip clients across North America. The company offers a range of solutions, including pick-up, hauling, recycling, and sustainability initiatives. By consolidating invoicing and communications, Waste Harmonics helps clients achieve cost savings while implementing effective recycling and sustainability strategies. This comprehensive approach aims to streamline waste management processes and enhance environmental responsibility for its clients.

Waste Harmonics

Venture Round in 2015
Waste Harmonics specializes in outsourced waste management services for blue-chip clients across North America. The company offers a range of solutions, including pick-up, hauling, recycling, and sustainability initiatives. By consolidating invoicing and communications, Waste Harmonics helps clients achieve cost savings while implementing effective recycling and sustainability strategies. This comprehensive approach aims to streamline waste management processes and enhance environmental responsibility for its clients.
THey work with your family veterinarian to provide the most accurate diagnosis and the best possible treatment and overall patient care experience. Collaboration between you, your family veterinarian and their professional staff truly leads to the best care possible for your pet. They are happy to work with your family veterinarian or with you directly – they are a resource for both family veterinarians and individual pet owners alike. Their outstanding reputation has been built on emergency management, advanced surgical procedures, exceptional critical care with post-surgical management, the latest oncology treatments, outstanding treatment of exotic species, and inhouse Ophthalmology to support your family veterinary practice!

Innovetive Petcare

Venture Round in 2015
Innovetive Petcare owns and operates veterinary hospitals across the country. Their clinics benefit from tools, resources, and a great support team dedicated to helping veterinary practices prosper and grow. Innovetive Petcare runs a great business so veterinarians can focus on providing exceptional patient care. They want veterinarians and staff to enjoy a better life, with more work-life balance, a strong supportive community, and ongoing training and career development.

Wedgewood Hospitality Group

Venture Round in 2014
Wedgewood Wedding & Banquet Centers are a collection of beautiful ceremony and reception venues across California, and in Colorado, Illinois, Las Vegas and Phoenix. With over 30 locations, they’re the largest family-owned event facility business in the United States. From country clubs and gardens to historical mansions and beaches, Wedgewood represents a wide variety of backdrops to choose from for your celebration. Although the locations are diverse, they all have something in common—Wedgewood’s wedding packages.

Cyclonaire

Venture Round in 2013
Cyclonaire Corporation, based in York, Nebraska, specializes in engineering and manufacturing pneumatic conveying equipment and components for various industries, including manufacturing, energy, and transportation. The company offers a wide range of products, including dense phase, semi-dense phase, and dilute phase conveyors, as well as mechanical conveyors, dust collection systems, and surge hoppers. In addition to complete pneumatic systems, Cyclonaire provides custom-designed components such as blowers, compressors, valves, and automation products that enhance operational efficiency. The company also offers services like field service, project management, and material testing, along with financing options. Founded in 1973, Cyclonaire has developed innovative solutions for applications such as bulk material transfer, railcar unloading, and dust control, serving both domestic and international markets through a network of representatives.

Sportdecals

Venture Round in 2013
Sportdecals started in 1972 from a makeshift building producing decals for football teams at the high school level. They grew to be one of the largest manufacturer and supplier of decals for Football, Baseball, Softball, Lacrosse, and Hockey in the country. After several moves to larger facilities, due to growth, they expanded to screen printing in the late 1980’s. In the next two decades they expanded the textile business further for various forms of screen printing, thermal transfers, and embroidery. In 2014 they began customizing using Dye Sublimation and Digital Prints as well. Today, custom Team Uniform Apparel & Spirit wear comprise close to 75% of their business serving over 10,000 high schools, clubs, and organizations. Their one-stop-shop philosophy has the same everyday pricing whether sold on their websites, catalog flyers (over 11 sports, five extracurricular and corporate), or directly face-to-face with Sales Representitves in over 25 States. All of this is supported by their own production, administrative and warehouse facilities operated out of Northern Illinois.

Owen Equipment Company

Venture Round in 2013
Owen Equipment has been very successful by representing only the finest products built for the areas they serve. Quality products mean lower operating costs and higher performance and customers who are satisfied when they take delivery. They have an extensive rental and demo fleet and Owen Equipment has been one of the top 4 Vactor / Elgin dealers in the United States having sold over 300 new sewer cleaners, hydro excavators, street sweepers and camera systems. They now service a machine population of over 500 units working out in field. Every one of those units is backed by the Owen team and they do whatever it takes to keep those machines, and their customers, working to serve their communities.

Velocity Aerospace Group

Venture Round in 2013
Velocity Aerospace Group is a prominent provider of aftermarket services for the aviation industry, specializing in the maintenance, repair, and overhaul of aircraft components and systems. The company caters to major commercial airlines, freight carriers, and regional airlines, offering repair and exchange solutions that ensure the continued operational efficiency of aerospace systems. Velocity Aerospace Group has established a strong reputation for its commitment to quality and customer service, meeting the high standards expected in the aviation sector.
Irrigation Components International (ICII) is a leading independent supplier of center pivot irrigation components and spare parts, serving manufacturers, master distributors, and dealers across the United States and 35 other countries. The company specializes in a comprehensive range of products, including power transmission systems, electrical panels, collector rings, flow meters, gearboxes, and various accessories essential for agricultural irrigation. With a newly established UL certified electrical facility in Daphne, Alabama, ICII is equipped to produce complete main and tower control panels, as well as custom electrical panel designs that comply with UL/CSA standards. Their strong relationships with reputable manufacturers such as UMC, Durst, and Honeywell ensure a high-quality product offering, enhancing customer confidence. Through their extensive distribution network and manufacturing capabilities, ICII is committed to delivering innovative and reliable solutions for the irrigation industry.

Landmark Irrigation

Venture Round in 2012
Landmark Irrigation, Inc. is a distributor of irrigation systems focused on serving the agricultural community in Central California since its founding in 1990. The company specializes in drip and micro-sprinkler irrigation systems, catering to a diverse array of crops including tomatoes, melons, cotton, peppers, almonds, grapes, and many others. Landmark Irrigation offers a comprehensive suite of services, including land development, irrigation system design, materials supply, field installation, service and repair, as well as automation and control. With a commitment to quality and timely project completion, the company supports farmers of various sizes in optimizing their irrigation practices to enhance crop yield and sustainability.

Prospect Water Co

Venture Round in 2011
Prospect Water Co. LLC provides water treatment products and services.

Polymer Corporation

Venture Round in 2010
Polymer Corporation, based in Rockland, Massachusetts, specializes in the manufacturing and marketing of high-precision plastic parts and assemblies. Founded in 1979 by two brothers, the company initially developed a unique Liquid Resin Casting™ process to address the needs of Boston's high-tech sector for low-volume, quick-turn, close-tolerance plastic components. Over the years, Polymer has grown into a substantial operation, serving various industries, including marine, outdoor sports, defense, medical, and industrial technology. The company offers a range of services, including liquid resin casting, injection molding, machining, and rapid prototyping using advanced additive manufacturing technologies. Polymer produces custom parts in quantities from less than a hundred to hundreds of thousands, catering to a nationwide customer base and enabling access to a diverse array of commercial supplies at competitive prices.

World Data Products

Venture Round in 2010
World Data Products, Inc. is an information technology hardware reseller that specializes in the buying, selling, and leasing of both new and refurbished IT hardware solutions. Founded in 1987 and headquartered in Plymouth, Minnesota, the company offers a wide range of products, including servers, storage systems, and networking equipment such as routers and switches. In addition to hardware sales, World Data Products provides various services, including asset recovery, media destruction, maintenance, and IT consulting. The company serves a diverse clientele across several industries, including healthcare, education, retail, finance, and manufacturing, as well as local and federal government agencies. With a focus on delivering OEM-quality refurbished products, World Data Products aims to provide cost-effective solutions to meet the needs of both small businesses and large enterprises.

Navix Diagnostix

Venture Round in 2010
Since 1996, Navix has been dedicated to helping health care providers detect and diagnose cardiovascular disease. Navix partners with hospitals and physician practices to provide a full range of non-invasive heart & vascular diagnostic services, including vascular ultrasound, echocardiography, nuclear medicine and Holter monitoring. Navix's services include credentialed technologists, advanced, clinical protocols, IAC lab accreditation (ICAVL, ICAEL & ICANL) consulting services, diagnostic equipment, risk-profiled stroke and vascular screening program, as well as other marketing programs to increase the number of patients referrals to your lab. Clinical oversight and testing interpretation services are provided by the client physician staff.

Tender Corporation

Venture Round in 2008
Tender Corporation, founded in 1975 and headquartered in Littleton, New Hampshire, specializes in the development, manufacturing, and marketing of a diverse range of outdoor health and safety products. The company is renowned for its insect bite treatment, AfterBite®, and a variety of insect repellents, including Ben's® and Natrapel®. Additionally, Tender offers first-aid solutions such as Adventure Medical Kits® and Easy Care First Aid™ kits, as well as survival gear under the Survive Outdoors Longer® brand and burn remedies like AfterBurn®. Tender's products are distributed through a network of retailers and are designed with convenience and environmental considerations in mind. The company operates international offices and distribution centers in locations such as Ontario, the Netherlands, England, and California, emphasizing quality, efficiency, and a strong work ethic to support its vision of enhancing outdoor experiences.

Linkage

Private Equity Round in 2008
Linkage, Inc. is a management and consulting firm that focuses on leadership development and advancing women leaders in various industries, including automotive, healthcare, technology, and finance. Founded in 1988 and headquartered in Burlington, Massachusetts, Linkage offers a range of services, including digital and in-person leadership development, coaching, consulting, and leadership assessments. The company provides training programs covering succession planning, organizational change, and team effectiveness, as well as workshops and summits aimed at addressing leadership development challenges. By leveraging its leadership data and insights, Linkage empowers organizations to enhance their talent management strategies and drive meaningful results.

Gold Star Food Service

Private Equity Round in 2007
Gold Star Foods began operations in 1966 as a distributor of meat products primarily to coffee shops in the Los Angeles area. Gold Star Meat Company, a family owned business, was purchased in 1978 and under new ownership the focus of the business shifted from restaurants to Southern California School Districts. To better reflect the image of a changing inventory, the name was changed to Gold Star Foods in 1983 and most recently to Gold Star Foods Inc. Since 1978, Gold Star Foods customer base has grown to over 300 school districts throughout the Southwest. As a result of our commitment to excellence, we have been recognized nationwide by the United States Department of Agriculture and the American School Food Service Association as one of the outstanding food service distributors to school districts.

Energy Solution International

Venture Round in 2007
Energy Solutions International, Inc. specializes in the manufacture and marketing of lighting systems, including industrial lighting fixtures, illuminating strips, architectural fixtures, and retrofit kits designed for aesthetic appeal. The company's products are utilized in a variety of settings, such as schools, hospitals, office spaces, retail environments, and warehouses, serving the industrial, commercial, and retrofit sectors. Established in 1992, Energy Solutions International is headquartered in West St. Paul, Minnesota.

Prospect Pools Group

Venture Round in 2007
At Cody Pools they know how significant the pool buying decision is to you. As the #1 pool builder in the nation for the 4th year in a row, they’ve built their reputation as a premier pool builder & contractor with experience, uncompromising quality, award winning designs and leadership. Established in 1994, they’re a proven swimming pool builder who has built close to 10,000 residential and commercial swimming pools in Texas including Austin, San Antonio, Dallas, Fort Worth, Houston, Georgetown, Killeen/Temple, Waco and surrounding areas. They specialize in custom built pools and not the “cookie cutter” ones that large national franchise based pool companies are only interested in selling. They also set theirselves apart from local and small pool builders with their solid financial strength and industry leading warranty.

Summit Companies

Venture Round in 2006
Summit is a family of companies with deep experience and a successful history in fire protection services for commercial, industrial and large-scale residential applications. Together, their companies are a complete package of solutions for projects big and small—sharing a focus on professionalism, total customer satisfaction and solutions that work. They’ve completed projects ranging from large manufacturing plants to high-tech data storage installations; and from large commercial, public and office buildings to smaller retail and office facilities across the country.

Vista College

Venture Round in 2006
Enroll in a New Future at Vista College Earn a Certificate, Diploma or Associate Degree in one of many careers! Vista College offers numerous educational programs in Business, Healthcare, Technology and many other trades. Get the edge you need when looking for a new career or seeking to move up in your current occupation. The focused instruction and hands-on training offered at Vista College helps prepare you for the day-to-day challenges you'll face in the real world. Select from the following programs at Vista College: Certificates and Diplomas Business Administration Personal Fitness Trainer Cosmetology Dental Assistant Massage Therapy HVAC Electrical Technician Medical Assistant Medical Office Specialist Medical Insurance Billing and Coding Construction Technology Information Technology Vocational/Practical Nurse Associate Degrees Business Management Business Management-Accounting Business Management-Human Resources Construction Management Criminal Justice Paralegal Medical Assistant Information Technology Medical Insurance Billing and Coding Network Administration *online only Trades Management-Electrical Technician Trades Management-HVAC Veterinary Technician Medical Lab Technician Patient Care Technician Dental Assistant Bachelor Degrees Business Management *online only Vista College offers detailed instruction and in-depth training. We also provide additional tools you'll need to gain a competitive edge in your job search after graduation. Mission Statement: To provide high quality, specialized career preparation or enhancement to meet and cope with technological changes resulting in employment and career success. Take advantage of these Vista College services: Day or evening classes Learn from industry experts Convenient class schedules Career Services Assistance for graduates Financial aid available for those who qualify Plus much more! *Not all programs offered at all locations. Enroll in a fresh start today at Vista College! Vista College is accredited by the Council on Occupational Education (COE). Vista College is recognized as being a military friendly college through the Servicemembers Opportunities Colleges (SOC). Consumer Information may be viewed at www.vistacollege.edu/disclosures

Spirit Foodservice

Private Equity Round in 2006
Spirit Foodservice Products, Inc. manufactures injection-molded polystyrene foodservice and beverage accessories.

Velvac

Venture Round in 2005
Velvac Inc. is a manufacturer and supplier based in New Berlin, Wisconsin, specializing in mirrors, vision systems, and various components for the truck equipment and recreational vehicle markets. Established in 1934, the company initially focused on air brake and valve components for heavy trucks before transitioning to producing "west coast" mirror heads for North American truck manufacturers in the mid-1950s. Velvac has since expanded its product offerings to include over 4,000 components, such as cameras, air and electrical products, fittings, and fuel system accessories. The company serves both original equipment manufacturers and the aftermarket, distributing its products through dealers, distributors, and online channels in the United States and internationally. Velvac operates a manufacturing facility in Reynosa, Mexico, and maintains remote warehouses in California, Texas, and Ontario. The company is a subsidiary of The Eastern Company.

Codel Doors

Venture Round in 2005
Codel Doors is a manufacturer focused on producing entry-level steel and fiberglass doors primarily for the residential housing market. The company specializes in the fabrication and installation of both fiberglass and steel entry doors, as well as interior stile and rail doors. Codel Doors emphasizes the importance of its employees, seeking individuals who align with the company's values and demonstrate the drive to contribute to its success.

Pipp Mobile Storage Systems

Private Equity Round in 2005
Pipp Mobile Storage Systems specializes in designing and manufacturing space-saving storage solutions tailored to meet the specific needs of various industries, including retail, healthcare, industrial, and automotive sectors. The company offers an extensive range of products, including customized mobile storage racks and shelving systems with manual, mechanical, and electrical carriages. Pipp aims to help clients maximize space efficiency by providing high-quality systems that respond to unique storage requirements. With a commitment to exceptional sales and service support, Pipp Mobile Storage Systems focuses on innovative solutions that empower customers to utilize their storage space effectively.

Superior Tool

Private Equity Round in 2005
Superior Tool Company, Inc. manufactures and distributes plumbing tools. The company’s products include tubing tools, including tubing cutters, tube benders, flaring tools, and accessories; wrenches and pliers, including cast iron, aluminum, offset, quick grip, internal pipe, faucet, sink, basin, shut off, tub and shower, strap, and pliers; PVC tools, including PVC cutters, ratchet cut, PVC Saws, and reamers; pipe tools, including pipe cutters, die heads, threader handles, threader kits, pipe vise; and specialty tools, including PEX, faucet, tub and shower, sink and drain, basin, shut off wrenches, and accessories. Superior Tool Company, Inc. was founded in 1946 and is based in Brooklyn Heights, Ohio. As of August 12, 2020, Superior Tool Company, Inc. operates as a subsidiary of The C.H.Hanson Company.

Delta Rigging

Private Equity Round in 2004
Provider of industrial equipment sales, rentals and servicing. The company, through its subsidiaries, engages in the sale, rental and servicing of industrial equipment to customers in the oil, petrochemical, construction, marine, timber and transport industries. It offers pneumatic, electrical and mechanical powered chain hoists, winches and rigging equipment; fabricated lifting products and wire ropes and slings; and aerial and reach equipment to the entertainment industry. It offers its products to power plants, refineries and shipyards for applications, such as plant shutdowns, repair and maintenance, construction and inspection work. The company operates through fourmore

Kronos Foods

Venture Round in 2004
Kronos is a manufacturer and distributor company that includes gyros meat, pitas and flatbreads, hummus, sauces, and desserts. They partner with distributors, brokers, operators, and retailers to deliver consistently high-quality products and services combined with culinary and business solutions. Their heritage is Mediterranean but their expertise knows no boundaries. They are a company committed to continuous improvement, making sure they use only the finest ingredients and processes to provide its customers with America’s best tasting and highest quality products.

Knight Packaging Group

Venture Round in 2004
With roots dating back to 1950 and plants in the United States, Knight Packaging Group is a full-service print and production company specializing in the design and development of quality packaging for any product in any industry. They are distinguished by their experience, their printing technologies and their absolute commitment to customer satisfaction. Nearly from the beginning, they have been recognized as an industry leader, having served many of their customers for decades. The heritage and strength of Knight Paper Box Co. of Chicago is a well-regarded innovator of custom folding cartons and Stretch Paks. With deep production capabilities and a wide product line, Knight Packaging Group has developed powerful packaging solutions for leading brand names in a wide variety of industries, including Food, Confectionary, Nutritional, Pharmecutical, and Personal Care. A lot has changed in their industry since the early days, but what remains the same is their commitment to quality, innovation, and service. They put the Knight name on everything they do, which is why they strive to maintain their reputation as the partner customers can trust.
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