Prospect Partners regularly issues press releases announcing our acquisitions and subsequent investments made by our portfolio companies. In this section, you can view the news releases for any of our current or prior holdings, which are organized alphabetically by platform company name.
CURRENT PLATFORM COMPANY NEWS RELEASES
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Codel Holding Company |
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Education Futures Group, LLC |
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ESI Lighting, Inc. |
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GameMark Products, Inc. |
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Gold Star Food Service, Inc. |
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Knight Packaging Group, Inc. |
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Kronos Foods, Inc. |
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Linkage Holdings Corp. |
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Office Resources Holding Company |
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Navix Holdings Corp. |
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Pipp Mobile Storage Systems Holding
Company |
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Polymer Holding Company |
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Prospect Partners, LLC |
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Regency Windows Corporation |
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Spirit Foodservice
Products, Inc. |
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Summit Fire Protection Co. |
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Studio Equipment Services, LLC |
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Superior Tool Holding Company |
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Tender Products, Inc. |
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Velvac Holdings, Inc. |
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WDP Holdings Corp. |
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Weaver Multimedia Group, Inc. |
PRIOR PLATFORM COMPANY NEWS RELEASES
BILLIARD
BRANDS, INC.
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December
9 , 2002
McDermott Cue Appoints Claude Napier President
and CEO of McDermott Cue
June
4, 2001
Prospect Partners Forms Billiard Brands,
Inc. With McDermott President
Formation of Billiard Brands, Inc. with Billiard Cue Manufacturer
McDermott Manufacturing Co. Sets Stage to Become Leading Player
in Billiard Industry |
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CoAMS HOLDINGS,
INC.
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October
4, 2002
Newest Platform Completes First Acquisition—CoAMS
Holdings, Inc. Acquires Bridgepoint
Together, Prospect Partners and CoAMS Holdings, Inc.
will continue to seek other business process outsourcing and
marketing companies for acquisition
July 19, 2002
Prospect Partners, LLC and Caffery Capital Partners,
LLC Acquire CoAMS with Management
Acquisition of Leading Business Process Outsourcing Firm Paves
Way for Future Growth
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CODEL
HOLDING COMPANY
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May
2, 2005
Prospect Partners And Montgomery, Shelton & Company
Acquire Codel, Inc.
Leading Distributor of Home Entry Door Systems Seeks to Expand
Presence in Pacific Northwest |
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DELTA INDUSTRIAL SERVICES, LLC
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July 17, 2008
Prospect Partners' Industrial Equipment Platform Makes Fifth Acquisition
Delta Industrial Services, Inc.'s Acquisition of Coastal Wire Rope & Supply Strengthens Firm's Presence in Key Louisiana, Offshore Markets
May 17, 2007
Prospect Partners Boosts Portfolio with Acquisition of Industrial Lifting Solutions Provider
American Sling is 4th Add-On for Rental Holdings, LLC
August 16, 2006
Rental Holdings Acquires Delta Wire Rope, Louisiana's Leading Provider of Specialty Lifting Products
June 30, 2006
Industrial Hoist Services Acquires Two Louisiana Industrial Equipment Companies
Industrial Hoist Now Offers Country's Largest Rental Fleet of Hoists, Winches and Related Rigging Equipment
January 10, 2005
Prospect Partners and Management Acquire Industrial Hoist Services From National Equipment Services Rental Company
Leading Hoist Company Primed for New-Market Growth |
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EDUCATION
CORPORATION OF AMERICA
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January
4, 2005
Prospect Partners Completes Recapitalization
of Education Corporation of America; With Management, Retains
Minority Stake in the Business
Private Institution Becomes Leading Regional Provider of Post-Secondary
Technical Education During Prospect Partners' Five-Year Investment
Tenure
July
19, 2001
Virginia College Expands to Include Medical
Career Center, Inc. at Pensacola, Florida and Mobile, Alabama
Education Corporation of America, a platform company of Prospect
Partners, LLC., expands reach
April 9, 1999
Education Corporation of America Acquires
Virginia College
Company led by Kenneth C. Horne will pursue other Post-Secondary
Education Acquisitions |
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EDUCATION
FUTURES GROUP, LLC
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August 14, 2007
Prospect Partners' Education Platform Acquires Third Post-Secondary Operating School, Expands Presence in Texas
June 8, 2007
Prospect Partners Expands Post-Secondary Operating School Platform With Acquisition of Utah Institution
Certified Careers Institute is Second Operating Company Acquired by Education Futures Group
June
1, 2006
Texas Post-Secondary School Becomes First Holding
of Education Futures Group, LLC
Prospect Partners and Veteran Post-Secondary School Operator
Jim Tolbert Acquire Computer Career Center
June
20, 2005
Education Futures Group, LLC, Formed to Acquire Post-Secondary
Education Companies
Industry Veteran Jim Tolbert Teams With Prospect Partners
to Pursue Smaller Schools in Secondary Markets |
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ESI LIGHTING, INC.
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July 31, 2007
Prospect Partners Invests in Niche Provider of High Energy-Efficient Lighting Systems
Energy Solutions International Becomes Prospect Partners' 30th Platform Company |
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EXCELLO
PRODUCTS, LLC
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November
17, 1999
Excello Products, LLC acquires Excello Limited
Company led by Robert Ryan and Curt Rodenhouse will pursue acquisitions
of kitchen textile and non-chemical cleaning products companies |
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FIRST TEXAS PRODUCTS, INC.
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December 17,
2003
Prospect Partners Completes Sale of First Texas Products,
Inc.
Niche Consumer Products Company Grew Substantially During
Prospect Partners' Four-Year Investment
May
21, 2001
First Texas Products Company Acquires the Best in
Night Vision
Acquisition of Night Owl Optics Expands First Texas’
Presence in Electronic Products for Consumer Outdoor Recreation
Market
July 2, 1999
First Texas Products Acquires Bounty Hunter Brand
Metal Detectors
Company will pursue other consumer electronics acquisitions
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GAMEMARK PRODUCTS, INC.
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July
6, 2001
Prospect Partners Acquires Clarence J. Venne, Inc. with
Existing Management
Acquisition of the leading manufacturer of bingo markers and
other marking and adhesive products is first step in plan to
expand gaming products business |
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GOLD STAR FOOD SERVICE, INC.
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January 2, 2008
Prospect Partners And Management Recapitalize one of Nation's Top School Foodservice Distributors
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GOURMAND SPECIALTY FOODS, INC.
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June 5,
2002
Michael B. Austin Appointed CEO of
Gourmand Specialty Foods, Inc.
Austin to lead growing U.S.-based producer & distributor
of specialty foods
February
12, 2001
Gourmand Specialty Foods, Inc.
Acquires Specialty Game, Inc.
Acquisition Expands Breadth of High-End Delicacies
December 11, 2000
Merger of Gourmand Specialty Foods, Inc. and De Choix
Specialty Foods Company is Recipe for Success
Specialty foods companies' merger expands nationwide presence
of high-end delicacies
June 8, 2000
Hudson Valley Foie Gras, LLC Acquires Assets of A.G.Y.
Corporation
New Company to expand production
September
17,1999
Gourmand, Inc. merges with Gourmand
Specialty Foods, Inc.
Company led by Leon Pinto will pursue new locations |
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KNIGHT
PACKAGING GROUP, INC.
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October
4, 2004
Prospect Partners Invests in Knight Paper Box
Company
Recapitalization Sets Stage For Further Growth of Specialty
Folding Carton Manufacturer
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KRONOS
FOODS, INC.
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May
1, 2006
Kronos Foods, Inc. Acquires Country's Top Maker of
Premium Baklava and Other Fillo-Based Desserts
Acquisition Broadens Product Line, Distribution Channels for
Mediterranean Foods Producer
December
6, 2004
Prospect Partners and Management Acquire Leading Greek
Food Company
Kronos Foods, Inc. to Focus on Developing New Products and
Deepening Customer relationships
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LINKAGE HOLDINGS CORP.
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July 14, 2008
Prospect Partners and Management Recapitalize Leading Provider of Organizational Development and Leadership Training Services
Linkage, Inc. to Focus on Expanding Offering and Customer Base |
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MARINA
MEDICAL BILLING SERVICE, INC.
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April,
2003
Prospect Partners Invests in Leading Medical
Billing Services Company
Leading medical billing services company adds promising new
platform to Prospect Partners' portfolio |
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MARINE
ACCESSORIES CORPORATION
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February 13,
2001
New VP to Head Marine Accessories Corporation's Tower Business.
Appointment of Rick Correll Shows Dedication to Tower Business
Development
December 5, 2000
Marine Accessories Corporation Acquires Xtreme Marine.
Acquisition bolsters MAC's marine tower business and sets stage
for future growth
November 6, 2000
Great Lakes Boat Tower Company Opens New Production Facility
Company meets demand and delivery times with efficient, streamlined
operation
September 19, 2000
Ex-Boston Whaler execs take helm of Marine Accessories
Corporation
New CEO/CFO team will pursue industry acquisition growth
strategy
July 1, 2000
Marine Accessories Corporation Subsidiary Acquires Assets
of The Boatswain's Locker, Inc.
Combined company will expand and pursue other marine industry
acquisitions
May 16, 2000
Marine Accessories Corporation subsidiary acquires
Fentress Marine
Combined company will expand and pursue other marine
industry acquisitions
September 1, 1999
Marine Accessories Corporation acquires Pipe Dreams
Combined company will pursue other marine industry acquisitions
May 28, 1999
Great Lakes Boat Top Co. merges with Marine Accessories
Corporation
Combined company will pursue other marine industry acquisitions
October 5, 1998
Westland Industries, Inc. Merges with Marine Accessories
Corporation
New company will pursue other marine industry acquisitions |
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NAVIX HOLDINGS CORP.
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August 4, 2010
Prospect Partners and Management Recapitalize Leading Regional Provider of Outsourced Cardiovascular Diagnostic Services
Navix Diagnostix to Pursue Further Geographic Expansion, Acquisitions
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OFFICE RESOURCES HOLDING COMPANY
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September,
2003
Office Resources, Inc. Acquires Office Logix
Acquisition Expands New England Presence for Distributor of
High-End Furniture
August,
1999
Office Resources Holding Corporation Formed to Build
a Leading Company in Office Furniture Distribution
Company led by Kevin Barber, Michael Burns and Paul Fraser
will pursue strategic acquisitions |
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OPTRONICS PRODUCTS,
INC.
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January
24, 2005
Optronics Products, Inc. Acquires Leading Provider
of Interior Lighting For Recreational Vehicles and Heavy-Duty
Trucks
With Acquisition, Prospect Partners' Fund I Platform Company
Augments Product Line, Distribution Network
November
8, 2000
Prospect Partners LLC Acquires Optronics, Inc. and
Pursues Growth
Specialty lighting concern seeks to acquire additional companies
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PAC HOLDING COMPANY
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February 12,
2002
PAC Holding Company Acquires Trenz
Acquisition Expands PAC's Aftermarket Auto & Truck Accessories
Business, Paving Way for Future Growth
July 14, 2000
PAC Holding Company Merges with Go Rhino! Products
November 19, 1999
Pace Edwards Company Acquires LTD Accessories
Company led by Russ Stubbings expands product offering through
auto and truck accessory acquisitions
August 2, 1999
PAC Holding Company merges with Wings West
Company led by Russ Stubbings broadens reach through auto &
truck accessory acquisition
January 11, 1999
PAC Holding Company to merge with Pace Edwards Company
Company led by Russ Stubbings Will Pursue Other Auto & Truck
Accessory Acquisitions
October 7, 1998
Russ Stubbings Joins P.A.C. Holdings as Chairman and
CEO |
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PIPP
MOBILE STORAGE SYSTEMS HOLDING COMPANY
POLYMER HOLDING CORPORATION
| |
January 6, 2009
Prospect Partners Acquires Leading Niche Manufacturer of Custom Plastic Parts and Assemblies
In Transaction, Prospect Partners Teams With Independent Equity Sponsor; Polymer Holding Company to Pursue Accelerated Growth Plan
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PROSPECT
PARTNERS, LLC
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August 31, 2010
Prospect Partners Announces Close of $200 Million Fund III
Small Niche Leaders Remain Investment Target of Private Equity Firm
June
2, 2005
Schwab Industries Formed to Acquire Specialty
Chemical Products Companies
Industry Veteran Anthony J. Schwab Teams With Prospect Partners
to Pursue Industry's Small Niche Leaders
June
21, 2004
Prospect Partners Closes $165 Million Private
Equity Fund
Firm Remains Committed to Investing in Lower Middle Market
Niche Leaders |
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REGENCY
WINDOWS CORPORATION
| |
July
1, 2004
Prospect Partners and Montgomery Shelton & Co.
Invest in Regency Windows Corporation
Investment Paves Way for Geographic Expansion of Growing Regional
Home-Improvement Company |
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REMUDA
RANCH COMPANY
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July
6, 2006
Prospect Partners Completes Sale of Remuda Ranch Company
Specialty Behavioral Healthcare Provider Generated Significant
Returns to Prospect Partners and Management During Five-Year
Investment |
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SPIRIT
FOODSERVICE PRODUCTS, INC.
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July 9, 2007
Prospect Partners Expands Plastic Disposable Foodservice Products Holding With Add-On of Foam Cup Manufacturer
Broadening Product Line and Reach, Spirit Foodservice Products Acquires Master Containers
January
25, 2006
Prospect Partners Teams With Veteran Industry Executive
Donald C. McCann to Acquire Leading Maker of Customized Foodservice
Disposable Products
McCann to lead Spirit Brands; Investment is Seventh Platform
of Prospect Partners II, L.P. |
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STUDIO EQUIPMENT SERVICES, LLC
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March 22, 2006
Prospect Partners Adds Entertainment Equipment Rental Company to Rental Holdings Platform
24/7 Studio Equipment Provides Specialized Aerial and Reach Equipment to Motion Picture, Television, Commercial and Video Industries |
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SUMMIT
FIRE PROTECTION CO.
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August
21, 2006
Prospect Partners and Management Acquire Leading Plumbing
Midwestern Fire Protection Services Company
Summit Fire Protection Co. to Expand Midwest Presence; Prospect
Partners Teams With Independent Equity Investors to Pursue
Transaction |
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SUPERIOR
TOOL HOLDING COMPANY
| |
January
19, 2005
Prospect Partners and Management Acquire Leading Plumbing
Hand Tool Company
Superior Tool Corporation, Manufacturer of Superior® Pro-Line
Pipe Working and Plumbing Tools, Sees Growth Through New Product
Development and Acquisition |
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TENDER PRODUCTS, INC.
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October 14, 2008
Prospect Partners Invests In Tender Corporation
Leading Manufacturer of Personal Care Products Will Pursue Acquisitions, New Product Development |
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UTILITY
SERVICE PARTNERS, INC.
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September
30, 2003
Prospect Partners and Management Form Utility Service
Partners, Inc.
New Partnership Marks Sixteenth Platform for Private Equity
Fund |
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VELVAC
HOLDINGS, INC.
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August
31, 2005
Prospect Partners Acquires Leading Manufacturer of
RV and Truck Components.
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V4
GROUP
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V4 Sold to PricewaterhouseCoopers
March 31, 2000
Company will grow consulting practice organically and through acquisition
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WDP Holdings Corp.
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Prospect Partners And Management Acquire World Data Products, Leading Provider of Refurbished Computer and Networking Equipment
August 24, 2010
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WEAVER
MULTIMEDIA GROUP, INC.
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April
5, 2004
Prospect Partners Acquires Leading Custom Publisher
Private Equity Fund Builds Platform for Tourism and Convention
Publishing Industry |
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WRAP PACK
PRODUCTS CORPORATION
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May
10, 2004
Prospect Partners Announces Sale of Wrap Pack Products
Corporation.
Private Equity Investment Firm Exits Successful Investment
in Niche Fruit Packager; Continues to Seek New Specialty Packaging
Opportunities
July
16, 2001
Wrap Pack Acquires Fruit Packaging Unit of Huhtamaki
-- Now Keyes Fibre Corporation
Wrap Pack Product Corporation, a platform company
of Prospect Partners, LLC, acquires fruit packaging business,
expanding operation
January 16, 2001
Prospect Partners Acquires Wrap Pack and Pursues Growth
Together will focus on acquiring other fruit and vegetable
packaging companies
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