PROPHET EQUITY MANAGEMENT II LLC
PROPHET EQUITY MANAGEMENT II LLC is a Series C+, buyout and other fund in the US writing $5M–$50M checks into Climate, Developer Tools, Healthcare, manufacturing, business-services, automotive, transportation, waste-collection, consumer-products, aerospace, distribution, heavy-equipment and natural-resources.
- Stages
- Series C+, buyout, other
- Sectors
- Climate, Developer Tools, Healthcare, manufacturing, business-services, automotive, transportation, waste-collection, consumer-products, aerospace, distribution, heavy-equipment, natural-resources
- Check size
- $5M–$50M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2007
- Assets under management
- $345M
Thesis
Prophet Equity Management II LLC is a private equity firm founded in 2007, headquartered in Southlake, Texas. The firm specializes in control investments in strategically viable, asset-intensive, underperforming companies, focusing on special situations, turnarounds, acquisitions, bankruptcies, and reorganizations. They target the lower and middle markets, seeking companies with strong underlying businesses and significant potential for value creation. Their 'Holistic Value Creation™' (HVC™) approach emphasizes close partnership with management, incentivized by performance. Investment criteria include companies with annual sales up to $500 million and enterprise values from $10 million to $250 million, with equity investments typically between $5 million and $50 million. Prophet Equity often takes majority or control positions. Their sector focus is broad, with a strong emphasis on manufacturing and business services, but also includes automotive, transportation, waste collection, consumer products, aerospace, distribution, heavy equipment, infrastructure, healthcare, and energy. The firm primarily invests in the United States. Fund II closed in May 2014 with $345 million, oversubscribed, following their first fund of $271 million raised in 2008. Principals have managed entities with over $6 billion in revenue.
Common questions
Does PROPHET EQUITY MANAGEMENT II LLC invest at the Series C+ stage?
Yes. PROPHET EQUITY MANAGEMENT II LLC lists Series C+, buyout and other among the stages it invests in.
What check size does PROPHET EQUITY MANAGEMENT II LLC write?
PROPHET EQUITY MANAGEMENT II LLC writes $5M–$50M checks.
Where does PROPHET EQUITY MANAGEMENT II LLC invest?
PROPHET EQUITY MANAGEMENT II LLC invests in the US.