Prophet Equity Announces Merger of Apex Environmental Resources Holdings II LLC with the Action Environmental Group, Inc., Collectively Interstate Waste Services, Inc.

Prophet Equity’s Apex Environmental Resources Holdings II LLC Completed Five Add-On Acquisitions and Several High Value Strategic Initiatives, Increasing Daily Volumes 200%+ and Revenue 6X Since Acquisition January 22, 2020 – Southlake, TX – Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, has completed the transformative merger of its portfolio company, Apex Environmental Resources … Read more

Prophet Equity Announces Sale of Allegiance Crane & Equipment, LLC

January 15, 2020 – Southlake, TX – Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, has completed the sale of its portfolio company, Allegiance Crane & Equipment, LLC (“Allegiance” or the “Company”) Prophet acquired Allegiance in December 2010. The Company, which is headquartered in Houston, Texas, was able to expand through acquisitions and greenfield … Read more

Prophet Equity Announces Equity Investment in Hills Machinery Company, LLC

Columbia, SC – Prophet Equity announces that it has partnered with Jim and Adam Hills to make an equity investment to acquire a controlling interest in Hills Machinery Company (“HMC” or the “Company”). Headquartered in South Carolina, with seven locations that serve North and South Carolina, Hills is one of the largest CASE Construction dealerships … Read more

Prophet Equity Announces Sale of CID Resources, Inc.

Successful partnership with industry veterans yields 5x invested capital May 3, 2018 -Southlake, TX – Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, completed the sale of its portfolio company, CID Resources, Inc. (“CID” or the “Company”) to Superior Uniform Group, Inc. (NASDAQ: SGC) for approximately $88.4 million in consideration, inclusive of approximately 150,000 … Read more

Prophet Equity Announces Sale of Acton Mobile

Acton Mobile triples EBITDA and invested equity in 3 years December 20, 2017 -Southlake, TX – Prophet Equity (“Prophet”), a Southlake, TX-based private equity firm, completed the sale of its portfolio company, Acton Resources Holdings LLC (“Acton”) to Williams Scotsman (NASDAQ: WSC) for $235 million in cash. In August 2014, Prophet acquired Acton, a regional … Read more

Prophet Equity II LP Announces Acquisition of Derby Fabricating

LOUISVILLE, KY – Prophet Equity II LP announced today that on March 31st it acquired Derby Fabricating Solutions (“Derby” or the “Company”). Headquartered in Louisville, KY with manufacturing locations in La Vergne, TN, Sidney, OH and Cadiz, KY, Derby is one of the largest tier 1 and tier 2 automotive manufacturers of noise, vibration and … Read more

Prophet Equity II LP Announces Acquisition of Total Plastics Inc.

April 13, 2016- KALAMAZOO, MI – Prophet Equity II LP announced today that on March 15th it acquired Total Plastics Inc. (“TPI” or the “Company”) from A.M. Castle & Co. (NYSE:CAS). TPI is one of the largest distributors and value added service providers of plastic sheet, rod, tube, film, tape and gaskets with 18 locations … Read more