Press Releases

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

All Glass & Windows Holdings, Inc.
Cyclonaire Holding Corporation
Education Futures Group, LLC
ESI Lighting, Inc.
ICI Holding Company
Innovetive Petcare Holdings, LLC
Landmark Irrigation Holding Services, Inc.
Owen Equipment Holdings Corp.
Navix Holdings Corp.
Polymer Holding Company
Prospect Partners
Prospect Water Co. LLC
QMI Holding, Inc.
Tender Products, Inc.
Velocity Aerospace Holding Group, Inc.
Waste Harmonics Holdings, LLC
WDP Holdings Corp.
Wedgewood Hospitality Group, Inc.


PRIOR PLATFORM COMPANY NEWS RELEASES

Absolutely Custom Group, Inc.
Billiard Brands, Inc.
CoAMS Holdings, Inc.
Codel Holding Company
Delta Industrial Services, LLC
Education Corporation of America
Excello Products, LLC
First Texas Products, Inc.
GameMark Products, Inc.
Gold Star Food Service, Inc.
Gourmand Specialty Foods, Inc.
Knight Packaging Group, Inc.
Kronos Foods, Inc.
Linkage Holdings Corp.
Marina Medical Billing Service, Inc.
Marine Accessories Corporation
Office Resources Holding Company
Optronics Products, Inc.
PAC Holding Company
Pipp Mobile Storage Systems Holding Company
Regency Windows Corporation
Remuda Ranch Company
Spirit Foodservice Products, Inc.
Studio Equipment Services, LLC
Summit Companies
Superior Tool Holding Company
Utility Service Partners, Inc.
V4 Group
Velvac Holdings, Inc.
Weaver Multimedia Group, Inc.
Wrap Pack Products Corporation





ABSOLUTELY CUSTOM GROUP, INC.

 

  July 30, 2013
Prospect Partners Completes Recapitalization of Sportdecals
Leading Provider of Custom School Team Athletic and Spirit Wear to Expand Product Line and Customer Base
 



ALL GLASS & WINDOWS HOLDINGS, INC.

 

  September 21, 2016
Prospect Partners Announces Investment In All Glass & Windows
 

BILLIARD BRANDS, INC.

 

 

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

 

 

CoAMS HOLDINGS, INC.

 

 

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

 

CODEL HOLDING COMPANY

 

  September 13, 2017
Prospect Partners Sells Codel Entry Systems

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
 

 

CYCLONAIRE HOLDING CORPORATION

 

  January 8, 2014
Prospect Partners And Schilling Ventures Announce The Recapitalization Of Cyclonaire Corporation
New Platform is Leading Provider of Pneumatic Conveying Solutions
 

 

DELTA INDUSTRIAL SERVICES, LLC

 

 

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

 

 

EDUCATION CORPORATION OF AMERICA

 

 

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

 

EDUCATION FUTURES GROUP, LLC

 

 

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

 

 

ESI LIGHTING, INC.

  July 31, 2007
Prospect Partners Invests in Niche Provider of High Energy-Efficient Lighting Systems
Energy Solutions International Becomes Prospect Partners' 30th Platform Company
 


EXCELLO PRODUCTS, LLC

 

  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
 

 

FIRST TEXAS PRODUCTS, INC.

 

 

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

 

 

GAMEMARK PRODUCTS, INC.

 

  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
 

 

GOLD STAR FOOD SERVICE, INC.

 

 

April 16, 2014
Prospect Partners Completes Sale Of Gold Star Foods, Inc.
Leading Southwestern School Foodservice Provider Expanded Its Product Offering, Capabilities and Geographic Reach During Prospect Partners' Seven-Year Investment

January 2, 2008
Prospect Partners And Management Recapitalize one of Nation's Top School Foodservice Distributors


 

 

GOURMAND SPECIALTY FOODS, INC.

 

  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
 

 

ICI HOLDING COMPANY

 

 

December 4, 2012
Prospect Partners Recapitalizes Irrigation Components International
With Private Equity Backing, International Supplier of Agricultural Irrigation Equipment Components Looks to Expand Offering and Domestic Presence

 

 

INNOVETIVE PETCARE HOLDINGS, LLC

 

 

February 24, 2015
Prospect Partners Acquires Specialty Veterinary Hospital, Forms New Platform in Veterinary Care Services Segment
Backing Two Animal Health Industry Operating Executives in MBO, Prospect Partners Looks to Buy-and-Build Strategy to Develop Premier Hospital Network

 


KNIGHT PACKAGING GROUP, INC.

 

 

October 4, 2004
Prospect Partners Invests in Knight Paper Box Company
Recapitalization Sets Stage For Further Growth of Specialty Folding Carton Manufacturer

 

 

KRONOS FOODS, INC.

 

 

October 5, 2016
Prospect Partners Completes Sale of Kronos Foods, Inc.

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

 

LANDMARK IRRIGATION HOLDING SERVICES, INC.

 

  May 8, 2012
Prospect Partners Recapitalizes Landmark Irrigation
Provider of Custom Micro-Irrigation Systems Poised to Expand Coverage in Western United States
 


LINKAGE HOLDINGS CORP.

 

  July 24, 2013
Prospect Partners Completes Recapitalization of Linkage, Inc.

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

 


MARINA MEDICAL BILLING SERVICE, INC.

 

  April, 2003
Prospect Partners Invests in Leading Medical Billing Services Company
Leading medical billing services company adds promising new platform to Prospect Partners' portfolio
 

 

MARINE ACCESSORIES CORPORATION

 

  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
 

 

NAVIX HOLDINGS CORP.

 

 

August 4, 2010
Prospect Partners and Management Recapitalize Leading Regional Provider of Outsourced Cardiovascular Diagnostic Services
Navix Diagnostix to Pursue Further Geographic Expansion, Acquisitions

 

 

OFFICE RESOURCES HOLDING COMPANY

 

 

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

 

 

OPTRONICS PRODUCTS, INC.

 

 

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

 

 

OWEN EQUIPMENT HOLDINGS CORP.

 

 

January 29, 2014
Prospect Partners Recapitalizes Owen Equipment Company
Environmental Infrastructure Maintenance Equipment Distributor Looks to Expand Product and Service Offering and Geographic Reach

 

 

 

PAC HOLDING COMPANY

 

  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
 

 

PIPP MOBILE STORAGE SYSTEMS HOLDING COMPANY

 

  December 10, 2012
Prospect Partners Sells Pipp Mobile Storage Systems


September 28, 2011

Pipp Mobile Storage Systems Completes Strategic Acquistion of IRSG

IRSG gives Pipp, Already the Market Leader, a Broader Offering in Inventory Management

March 23, 2007
Pipp Mobile Storage Systems Acquires Denstor Mobile Storage Systems

Acquisition Solidifies Pipp's Leadership Position in Retail Markets; Takes Company into New Industry Segments

March 1, 2005

Prospect Partners Acquires Leading Provider of Movable Shelving and Storage Solutions for Retail Industry and Commercial Office Market
Firm Teams With Industry Veteran Craig Umans and Management to Purchase Pipp Mobile Storage Systems
 


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

 

PROSPECT PARTNERS, LLC

 

 

January 17, 2017
Prospect Partners Promotes Brett Holcomb and Brad O'Dell to Principal

August 31, 2010

Prospect Partners Announces Close of $200 Million Fund III
Small Niche Leaders Remain Investment Target of Private Equity Firm

June 21, 2004
Prospect Partners Closes $165 Million Private Equity Fund
Firm Remains Committed to Investing in Lower Middle Market Niche Leaders

 

 

PROSPECT WATER CO. LLC

 

 

August 21, 2012
Prospect Water Co. Acquires Three Culligan Dealers, Expanding Bi-Coastal Foothold in Water Treatment Segment

November 16, 2011
Prospect Partners Acquires Dealers From Culligan International, Forms New Platform in Water Treatment Segment
With Divested Corporate Franchises, Prospect Partners Looks to Build Leading Independent Company

 

 

 

QMI HOLDING, INC.

 

 

June 20, 2017
Prospect Partners Recapitalizes QMI Security Solutions

 

 

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

 

 

REMUDA RANCH COMPANY

 

 

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

 

 

SPIRIT FOODSERVICE PRODUCTS, INC.

 

 

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.

 

 

STUDIO EQUIPMENT SERVICES, LLC

 

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

 

 

SUMMIT COMPANIES

 

 

September 5, 2017
Prospect Partners Sells Summit Companies

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

 

 

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

 


TENDER PRODUCTS, INC.

 

 

October 14, 2008
Prospect Partners Invests In Tender Corporation
Leading Manufacturer of Personal Care Products Will Pursue Acquisitions, New Product Development

 


UTILITY SERVICE PARTNERS, INC.

 

 

September 30, 2003
Prospect Partners and Management Form Utility Service Partners, Inc.
New Partnership Marks Sixteenth Platform for Private Equity Fund

 

 

VELOCITY AEROSPACE HOLDING GROUP, INC.

 

 

June 22, 2015
Velocity Aerospace Group Announces Acquisition of EMC Aerospace
Prospect Partners' Portfolio Company Continues to Expand "Tip to Tail" Aviation MRO Services

April 22, 2014
Velocity Aerospace Group Announces Acquisition of E.D.N. Aviation, Inc.
Prospect Partners' Portfolio Company Expands Aviation MRO Offering Into Control Panel Services

April 16, 2013
Prospect Partners Invests In Velocity Aerospace Group; New Platform Provides Range of Aviation Aftermarket Services

 

 

VELVAC HOLDINGS, INC.

 

 

April 10, 2017
Prospect Partners Completes Sale of Velvac, Inc.

August 31, 2005

Prospect Partners Acquires Leading Manufacturer of RV and Truck Components

 

 

V4 GROUP

 

 

March 31, 2000
V4 Sold to PricewaterhouseCoopers

Company will grow consulting practice organically and through acquisition

 

 

WASTE HARMONICS HOLDINGS, LLC

 

 

June 7, 2016
Prospect Partners Platform Waste Harmonics Acquires Consolidated Waste Management

May 19, 2016

Prospect Partners Announces Recapitalization of Waste Harmonics, Forms New Platform in Waste Management Services Segment

 

 

WDP HOLDINGS CORP.

 

 

October 31, 2013
World Data Products Acquires Infinity Data Solutions
With Acquisition, Prospect Partners' Portfolio Company Expands IT Offering In Data Storage Solutions

August 24, 2010

Prospect Partners And Management Acquire World Data Products, Leading Provider of Refurbished Computer and Networking Equipment


 

 

WEAVER MULTIMEDIA GROUP, INC.

 

April 5, 2004
Prospect Partners Acquires Leading Custom Publisher
Private Equity Fund Builds Platform for Tourism and Convention Publishing Industry

 

 

WEDGEWOOD HOSPITALITY GROUP, INC.

 

February 19, 2014
Prospect Partners Recapitalizes Wedgewood Wedding And Banquet Centers
Fast-Growing Wedding Services Provider Poised to Accelerate Geographic Expansion

 

 

WRAP PACK PRODUCTS CORPORATION

 

 

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

 

Read news releases about prior Prospect Partners platform companies.
Read firm news about Prospect Partners.