P.E. Firm Boosts Deal Team

Jul 27 2009 | 10:52am ET

Private equity firm Prophet Equity has expanded its team to focus on sourcing, structuring and closing deals in a tough market for buyout shops. In the last six weeks, Prophet has added Charles Collie and Matt McCutchen to its roster for deal support. 

As an executive director, Collie brings decades of asset based lending and deal experience with PNC Business Credit, National City and National Bank of Canada. McCutchen, formerly with the ComVest Group and Sun Capital Partners, comes on board as a senior associate.

“Prophet Equity is continuing to see a surge in transaction opportunities that fit our investment sweet spot, namely strategically viable businesses that are in need of capital and operational know-how where partnering to revive cash flow is a priority for both old and new money on the balance sheet,” said CEO Ross Gatlin.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of