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February 27, 2018

David McNeill joins Prophet Equity as Managing Director

February 27, 2018- Southlake, TX- Prophet Equity ("Prophet") announces today that David McNeill has expanded his already existing role, joining the firm as Managing Director. "Having worked with David successfully at Bain & Co. and most recently with our team as President of two current portfolio companies delivering tremendous operational results, I am thrilled to welcome David to the Prophet Equity team", commented Ross Gatlin, Managing Partner of Prophet.

David McNeill joins us in this new capacity as he continues in his multi-year role successfully delivering results with our team as President of two existing portfolio companies, Public Safety Supply Resources and Tafford/Lydia's. Mr. McNeill brings decades of operational expertise leading, building and managing lower and middle market companies. David's operational leadership experience includes his CEO role for Partsmaster, a mid-market industrial distribution company, work as a member of Texas Pacific Group's Operations Group and as a Senior Manager at Bain & Company. His experience also includes creating, scaling and successfully exiting two lower middle market businesses to strategic acquirers. According to Ross Gatlin, "David's unique combination of experience with our portfolio and team, and as a results driven Founder, CEO and President of lower and middle market companies, in addition to his private equity and strategic consulting background, make him a perfect fit for our unique Holistic Value Creation™ (HVC™) and Prophet Full Potential Value™ (PFPV™) methodologies."

Mr. McNeill spoke about Prophet's continuing focus on investing in strategically viable lower and middle market businesses and focusing on driving fundamental improvement first and foremost as the path to returns for investors. "Having spent decades driving operational results, scaling businesses and facilitating favorable exits in lower and middle market companies, Prophet Equity's unique approach and process to facilitate driving fundamental value creation was the perfect fit for me. Having already worked with the team successfully to deliver results, I am excited to broaden my role beyond my current responsibilities working on value creation across the broader existing portfolio and in new acquisitions."

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