|FOR IMMEDIATE RELEASE
January 17, 2017
Prospect Partners Promotes Brett Holcomb and Brad O'Dell to Principal
CHICAGO, Ill.—January 17, 2017: Prospect Partners, LLC, a leading private equity firm investing in smaller lower-middle-market companies, today announced the promotions of Brett Holcomb and Brad O'Dell to Principal, effective immediately.
Holcomb and O'Dell both joined Prospect Partners as Vice Presidents in 2009. They have played leading roles in analyzing and developing investment opportunities, structuring deals, overseeing due diligence, closing transactions, and managing portfolio companies that occupy widely diverse niche industries.
"We are excited to recognize Brett and Brad, who have been exceptional assets to our team," said Rick Tuttle, Founding Principal. "A guiding mission of our firm has always been to bring on board talented investment professionals who are also passionate about helping entrepreneurs build their companies into true market leaders. Brett and Brad have long been providing wise and enthusiastic counsel to our portfolio companies, and deserve this recognition."
Added Erik Maurer, Principal: "Brett and Brad are strong deal leaders who are making a tremendous contribution to our firm's success in many areas, including deal identification, execution, management, and exit. We feel very confident in their abilities, continued contributions, and increased firm leadership in their expanded role as a Principal of Prospect Partners."
Prior to Prospect Partners, Holcomb was an Associate in the Chicago office of the middle-market private equity firm American Capital, Ltd. Before that, he was an Analyst in the Chicago office of the investment banking firm Bear Stearns & Co., Inc. Holcomb earned a B.A. with concentrations in Economics and International Studies from Kenyon College, and received an M.B.A., with distinction, from Northwestern University's Kellogg School of Management.
Previously, O'Dell was a Vice President of Silver Oak Services Partners, an Evanston, Ill.-based lower-middle-market private equity firm, where he was actively involved in all aspects of the firm's investment process. Earlier, he worked as an Associate of the private equity firm Willis Stein & Partners in Chicago. He also worked as an Analyst at the investment banking firm Harris Williams & Co. in Richmond, Va. O'Dell received a B.S.B.A. with concentrations in Finance and Economics from the University of Richmond. He holds an M.B.A. from Northwestern University's Kellogg School of Management.
About Prospect Partners,
Prospect Partners is a leading private equity firm investing in smaller lower-middle-market companies, managing $470 million in three funds. A highly experienced and active, investor, Prospect Partners focuses exclusively on management-led leveraged recapitalizations and acquisitions of niche market leaders with revenues typically under $75 million. Since 1998, Prospect Partners has completed 140 transactions nationwide in the building of 48 platform companies in widely diverse niche manufacturing, distribution, and specialty service markets.