Louisville, KY – Prophet Equity, a Southlake, TX-based private equity firm, is pleased to announce the successful sale of Derby Fabricating Solutions (“Derby” or the “Company”), a premier manufacturer of die-cut solutions. Prophet originally acquired Derby in March of 2017 and has since experienced a successful partnership with the management team, driving significant operational improvement, … Read more

Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, announced the successful sale of WM Coffman Resources LLC (“Coffman” or the “Company”), a market leader in the residential stair parts distribution industry. Prophet established the Coffman platform through the acquisition of select assets of P&F Industries (NASDAQ: PFIN) via an Article 9 transaction.  Coffman’s footprint … Read more

Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, announced the successful sale of the Pennsylvania platform of Groff Tractor & Equipment (“GT&E” or the “Company”) to a family office buyer. In April 2016, Prophet partnered with GT&E leadership to make an equity investment to acquire a controlling interest in the Company. Since that time, … Read more

Prophet Equity, in partnership with Terra Manna, is preparing to break ground on the first phase of Silo Mills, an 840-acre master-planned community in Johnson County. Located on Farm-to-Market Road 917 and west of the Chisolm Trail Parkway, the residential development will provide affordable quality housing within the extraterritorial jurisdiction of Cleburne and Burleson. The … Read more

March 23, 2021 – Southlake, TX – Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, completed the sale of its portfolio company, Ace Asphalt of Arizona, Inc., (“Ace” or the “Company”) to Sunland Asphalt & Construction, LLC, a portfolio company of Huron Capital. In December 2010, Prophet acquired Ace from Tim Drexler, whose father … Read more

January 27, 2021 – Southlake, TX – On December 18, 2020, Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, completed the sale of Total Plastics International (“Total Plastics” or the “Company”) to the privately held Plastics Family, which comprises many market leading plastic distributors around the world. In March 2016, Prophet acquired Total Plastics … Read more

Founded in 1977 and headquartered in Louisville, KY, Derby Fabricating Solutions is a leading manufacturer of die cut nonmetallic materials for automotive Noise Vibration & Harshness (NVH) and Buzz Squeak & Rattle (BSR) reduction applications. In the midst of the COVID-19 pandemic, the team has expanded its manufacturing offerings to include mission-critical, face shields designed … Read more

Prophet Equity’s core focus on investing only in platform companies with strong strategic viability has helped create a uniquely resilient and highly collateralized portfolio of Essential and Critical Service Businesses, which continue to show considerable strength, even in the face of the pandemic. This week, we highlight another of our Essential Service providers, Groff Tractor … Read more

Southlake, TX- Prophet Equity (“Prophet”) announces today that Donna Raine has expanded her role, joining the firm as Principal. “Having worked with Donna over the past several years, most recently as Chief Financial Officer of Allegiance Crane & Equipment, which was successfully sold in November of 2019, we have all been impressed with her ability … Read more