A veteran from Bain & Co. has launched his own private equity firm, targeting companies with revenues under $500 million. Southlake, Texas-based Prophet Equity, founded by Ross Gatlin, makes control investments in special situations, turnarounds, acquisitions, bankruptcies and reorganization. The firm opened its doors this month. Gatlin and his team will focus their attention on … Read more

Dallas-based private equity firm Prophet Equity LLC, run by Insight Equity co-founder Ross Gatlin, was formally launched this month, the company said in a statement on Friday. The firm focuses on strategically viable companies in special situations, turnarounds, acquisitions, bankruptcies and reorganizations. Founded by vastly-experienced Ross Gatlin, the company plans to begin raising its debut … Read more

Private Equity Executive Launches Turnaround Firm Insight Equity Managing Director Ross Gatlin has left the firm he co-founded to start his own turnaround shop, Prophet Equity LLC, which will begin raising its debut $200 million fund next year. Gatlin left Carlyle Group’s turnaround arm to start Insight Equity in 2002. He described his latest move … Read more

Prophet Equity LLC (December 13, 2007) Public Press Release Southlake, TX – – December 13, 2007 – Prophet Equity LLC, (“Prophet”) a private equity firm that makes control investments in companies with revenues under $500M and collaborates with existing management to improve profitability, formally opened its doors this month in Southlake, Texas, a suburb of … Read more