# Prospect Partners

Prospect Partners is a Private Equity based in Chicago, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** 227 West Monroe Street, Suite 3550, Chicago, IL 60606, United States
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** www.prospect-partners.com
- **LinkedIn:** https://www.linkedin.com/company/prospect-partners

## Regulatory record

- **CRD number:** 317720
- **SEC file number:** 801-124852
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/317720

## About

Prospect Partners is a Chicago-based private equity firm focused on entrepreneurs and pre-middle market companies. Since 1998 it has specialized in building promising companies with EBITDA between $3 and $10 million, typically with revenues between $15 and $100 million, working side-by-side with management teams. The firm has completed more than 175 investments across the country and in dozens of industries.

## Sectors

- Industrial Tech
- Enterprise Software
- Specialty Business Services

## People

- Brett Holcomb — Investment & Operating Team
- Brad O'Dell — Investment & Operating Team
- Erik Maurer — Investment & Operating Team
- Mike McInerney — Investment & Operating Team
- Colin O'Donnell — Investment & Operating Team
- Sarah Streeter — Investment & Operating Team
- Jeff Craig — Investment & Operating Team
- Wyatt McCallum — Investment & Operating Team
- Kyle Slovis — Investment & Operating Team
- Sam Ginzburg — Investment & Operating Team
- Ryan Chapman — Investment & Operating Team
- Jack McDonnell — Investment & Operating Team
- Spencer Boehm — Investment & Operating Team
- Kyle Thomas, CPA — Administrative Team
- Heather LaGatta — Administrative Team
- Rick Tuttle — Founder
- Lou Kenter — Founder

## Questions

### How does Prospect Partners source proprietary deal flow?

Prospect relies almost entirely on intermediary-driven, off-market sourcing — working through deal intermediaries, independent sponsors, and operating executives who surface founder-owned businesses that never enter a broad auction. Its website includes a contact form specifically segmented for intermediaries, independent sponsors, and operating executives, which is a structuring signal of its sourcing model. The firm's entire brand is built around accessing the pre-middle market before it reaches institutionally competitive processes.

### Which sectors does Prospect Partners explicitly avoid?

The firm does not publish an explicit exclusion list, but its website frames interest in four buckets: specialty services, manufacturing, distribution, and food/consumer opportunities. It does not reference technology, healthcare, financial services, or energy. The portfolio names on its site — Waste Harmonics, Blackwood Solutions, MINUTEMAN, Owen Equipment, ProClip, and Bland Landscaping — all fit industrial, services, and light manufacturing profiles, signaling a hard preference for tangible-asset and route-based business models.

### What is Prospect Partners' known posture on co-investments alongside external GPs?

Prospect does not market itself as a co-investment partner for other GPs. Its deal architecture is entirely built around taking a control position directly with management teams. The website's contact segmentation offers a lane for financing sources interested in lending to portfolio companies, which is the closest it comes to a co-investor dynamic — debt, not equity co-sponsorship.

## Related profiles

- [Prospective Technologies Venture Capital](https://altss.com/profile/prospective-technologies-venture-capital)
- [Prospect Venture Partners](https://altss.com/profile/prospect-venture-partners)

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Last updated: 2026-08-11T15:07:49.000Z

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