PROSPECT HILL GROWTH PARTNERS, L.P.
PROSPECT HILL GROWTH PARTNERS, L.P. is a Series C+ and buyout fund in the US writing $25M–$100M checks into Consumer and healthcare-services.
- Stages
- Series C+, buyout
- Sectors
- Consumer, healthcare-services
- Check size
- $25M–$100M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1995
- Assets under management
- $561M
Thesis
Prospect Hill Growth Partners, L.P. is a private equity firm founded in 1995, formerly known as J.W. Childs Associates, and rebranded in 2019. Headquartered in Waltham, Massachusetts, the firm specializes in operational value creation within lower middle-market growth companies, with a strategic focus on the consumer and healthcare services sectors. Their investment thesis centers on control equity investments in North American companies, targeting those with an EBITDA between $5 million and $25 million and revenues between $50 million and $300 million. The typical equity investment ranges from $25 million to $100 million. Prospect Hill emphasizes an operationally intensive approach, partnering with management teams to foster ambitious expansion. Their expertise spans consumer subsectors like e-commerce, packaged goods, multi-unit services, and food, as well as physician practice management within healthcare. The firm has raised multiple funds, with Prospect Hill Growth Fund II closing at $380 million. As of December 31, 2023, their reported AUM was approximately $561 million, with another filing indicating $310 million.
Common questions
Does PROSPECT HILL GROWTH PARTNERS, L.P. invest at the Series C+ stage?
Yes. PROSPECT HILL GROWTH PARTNERS, L.P. lists Series C+ and buyout among the stages it invests in.
What check size does PROSPECT HILL GROWTH PARTNERS, L.P. write?
PROSPECT HILL GROWTH PARTNERS, L.P. writes $25M–$100M checks.
Where does PROSPECT HILL GROWTH PARTNERS, L.P. invest?
PROSPECT HILL GROWTH PARTNERS, L.P. invests in the US.