Private EquityRIA · CRD 299650SEC-RegisteredPrivate Fund Adviser

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Rockbridge Growth Equity

Kevin Prokop and Brian Hermelin launched Rockbridge Growth Equity in 2007 to run concentrated mid-market buyouts from a single Detroit office.

Rockbridge Growth Equity logo

Rockbridge Growth Equity

Rockbridge Growth Equity is an SEC-registered investment adviser in Detroit, MI, registered since 2018. The firm manages $1.8 billion in assets, $1.7 billion on a discretionary basis. It has 20 employees and 18 investment advisers.

General information

Firm type

Private Equity

Year founded

2007

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Detroit

Corporate office

The Madison - 4th Floor, 1555 Broadway St., Detroit, MI 48226, United States

Frequently asked questions

How does Rockbridge Growth Equity source its deals?

Rockbridge relies on a relationship-based origination model. The firm indicates that past and current portfolio-company founders and CEOs are frequently its strongest advocates and references, channeling new opportunities directly to the partnership. Operating out of a single Detroit office, the team draws on a dense local network rather than running a broad intermediary auction process across multiple geographies.

Who runs investment decisions at Rockbridge Growth Equity?

The firm's public materials do not list individual principals, titles, or an investment committee roster, so the precise governance around investment decisions is not publicly disclosed. Founders Kevin Prokop and Brian Hermelin established the firm in 2007 and are referenced in portfolio-company testimonials as the relationship anchors who guide Rockbridge's strategy, suggesting a concentrated decision-making structure at the partner level.

Does Rockbridge Growth Equity participate in fund commitments or only direct deals?

Rockbridge focuses exclusively on direct control investments in mid-market companies. Public disclosures do not describe any activity as a limited partner in third-party funds, a fund-of-funds program, or a co-investment vehicle alongside external general partners. The firm positions direct equity sponsorship as the sole mechanism for deploying capital.

What investment stages does Rockbridge Growth Equity typically target?

The firm pursues buyout transactions, expansion and late-stage growth rounds, and recapitalizations. Rockbridge does not describe early-stage venture, seed, or pre-revenue minority investing as part of its mandate. Its model is built around taking majority stakes in businesses that are ready to scale with operational and strategic support from the Rockbridge team.

Is Rockbridge structured as a family office or does it operate as a traditional private equity firm?

Rockbridge Growth Equity functions as a mid-market private equity firm that raises external institutional capital, not as a single-family office. It does not disclose any connection to a specific family's wealth origin, which distinguishes its structure from dedicated family investment vehicles.

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