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