Crowley, LA – May 15, 2012 – Francis Drilling Fluids, Ltd. (“FDF”) today announced it has partnered with Prophet Equity LP, a private equity firm headquartered in Southlake, TX that specializes in control equity investments for middle and lower middle market companies. Under the terms of the transaction, FDF becomes an owned affiliate of FDF … Read more

December 15, 2011- Prophet Equity was honored to receive two awards at this year’s Turnaround Atlas Awards Gala held this year at the Westin Michigan Avenue Hotel in Chicago, IL. Prophet Equity won Turnaround Private Equity Firm of the Year and Special Situations M&A Deal of the Year Small Mid-Markets for its investment in WM … Read more

Prophet Equity LP launches Cummings Resources LLC and acquires the business of Cummings Incorporated, The International Sign Service Nashville, TN – May 10, 2011 – Prophet Equity LP announced its acquisition of the business of Cummings Incorporated, The International Sign Service through its affiliate, Cummings Resources LLC (“Cummings Signs”). Cummings Signs acquired the assets through … Read more

New Partnership with Prophet Equity Provides Financial Strength, Enables Employees to Retain Jobs, and Creates a Pipeline of Major Projects from Florida to Texas FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Allegiance Crane & Equipment and Prophet Equity have completed the purchase of the assets of General Crane USA, whose liquidation plan received final court approval on Dec. 17, … Read more

Phoenix, AZ – December 22, 2010 – Ace Asphalt (“Ace”) today announced it has partnered with Prophet Equity LP, a private equity firm that specializes in ownership equity investments for middle and lower middle market companies. Under the terms of the transaction, Ace Asphalt becomes an owned affiliate of Prophet Equity LP, and Ace’s long … Read more

HOUSTON (November 29, 2010) GulfStar Group is pleased to announce the majority recapitalization of HLI Energy Services, Inc. (“HLI” or the “Company”) by Prophet Equity LP (“Prophet”). GulfStar Group served as exclusive financial advisor to HLI throughout the transaction, which closed on November 12th, 2010. HLI, headquartered in Cleburne, Texas, is a provider of oilfield … Read more

Dallas, Texas. June 24, 2010 – CID Resources, in concert with Public Safety Supply Resources, Inc, today announced that Prophet Equity LP, a Southlake, Texas, based private equity firm, has made a strategic, control equity investment in its business. HP Park, President of CID Resources, commented “The investment by Prophet Equity is a critical step … Read more

By Laura Kreutzer 6/16/2010 – Prophet Equity is breathing new life into a former subsidiary of P&F Industries Inc. with some help from the Uniform Commercial Code, a set of rules designed to harmonize commercial transactions across states. The Southlake, Texas, firm has purchased the lion’s share of assets of Marion, Va.-based WM Coffman LLC, … Read more

Southlake, TX – – March 10, 2010 – Prophet Equity LLC, a private equity firm that makes control investments in strategically strong, asset-intensive, underperforming companies with significant value creation potential in the lower and middle market, formally announced that it successfully met its ‘hard cap’, was oversubscribed and completed the final close of Prophet Equity … Read more