About Prospect Hill Growth Partners
Prospect Hill Growth Partners is a private equity firm founded in 1995. It is primarily based in Waltham, United States. As of May 2026, Prospect Hill Growth Partners has a portfolio of 32 companies, comprising 32 funding rounds and 14 acquisitions. The firm primarily invests in companies based in United States and Denmark. Its portfolio is spread across a wide range of sectors from Retail to Consumer Goods. Its latest investment was a $***** Series B round in VeraDermics on Dec 11, 2024 which also saw participation from Suvretta Capital Management, Longitude Capital and other investors.
Overall Prospect Hill Growth Partners portfolio has seen 2 IPOs and 17 acquisitions, namely Equinox, Orangetheory and VeraDermics. A lot of funds co-invest with Prospect Hill Growth Partners, with names like Connecticut Innovations sharing a substantial percentage of its portfolio.
Prospect Hill Growth Partners has a team of 14 people, including 6 partners.
Key Metrics
Founded Year
1995
Location
Waltham, United States
Portfolio Companies
Portfolio Sectors
Portfolio Locations
Acquisition Deals
Investment Deals
Prospect Hill Growth Partners' Portfolio
Prospect Hill Growth Partners has a portfolio of 32 companies. They have invested in a total of 32 companies. Their most recent investment was in VeraDermics (Series B round) on Dec 11, 2024. Here are the most recent investments by Prospect Hill Growth Partners:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Dec 11, 2024 | Series B | 6835 | ||
Sep 22, 2021 | Series A | 7409 | ||
Aug 31, 2020 | Series B | 3567 | ||
Mar 03, 2020 | Seed | 5793 | - |
Prospect Hill Growth Partners has acquired 14 companies. Their most recent acquisition was of Walker Edison on Sep 21, 2022. Here are the most recent acquisitions by Prospect Hill Growth Partners:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Sep 21, 2022 | Online retailer of furniture, fireplaces, home décor, and outdoor items | - | 2006 | |
May 24, 2022 | Manufactures and distributes brands in the loading, hauling, mobility and automotive segments | - | 2019 | |
Jul 10, 2021 | Brand of living room furnitures | - | 1989 | |
Sep 21, 2022 | Online retailer of furniture, fireplaces, home décor, and outdoor items | - | 2006 |
Here is the portfolio snapshot of Prospect Hill Growth Partners:
Investments by Year
The maximum number of investments were made in 2020
Acquisitions by Year
The maximum number of acquisitions were made in 2022
Portfolio by Location
Companies are primarily in United States and Denmark
Portfolio by Sector
Companies are primarily in Retail
Team profile of Prospect Hill Growth Partners
Prospect Hill Growth Partners has a team of 14 members including 6 Partners located in United States. Prospect Hill Growth Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Prospect Hill Growth Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Waltham | - | ||
Partner | Wellesley | - | ||
Partner | United States | - | ||
Partner | Fort Lauderdale | - | ||
Partner | Boston | - | ||
Partner | Pittsburgh | - | ||
Associate | Needham | - | ||
Associate | Boston | - |
Co-investors of Prospect Hill Growth Partners
Over the past 31 years, 3 investors have co-invested in Prospect Hill Growth Partners's portfolio companies.
- Top Co-investors of Prospect Hill Growth Partners: 3 investors entered a company along with Prospect Hill Growth Partners. These include investors like Connecticut Innovations (1 company).
Prospect Hill Growth Partners News
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MOTIS Brands Acquires Cargo Equipment CorporationTullahoma News•Oct 18, 2023•MOTIS BRANDS, Prospect Hill Growth Partners, Cargo Equipment
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BGL Announces the Sale of MOTIS BrandsPR Newswire•Jul 07, 2022•Brown Gibbons Lang & Company, MOTIS BRANDS, Prospect Hill Growth Partners
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Prospect Hill Growth’s Acquisition of Motis BrandsGlobal Legal Chronicle•Jun 06, 2022•Ropes & Gray, Prospect Hill Growth Partners, Beneschlaw, Brown Gibbons Lang & Company and 2 others
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Dogtopia Inks Major Franchise DealPetproductnews•Mar 03, 2022•Dogtopia, Prospect Hill Growth Partners
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Prospect Hill Growth Partners partners with Jamie Weeks to form Legacy Franchise ConceptsPrivate Equity Wire•Mar 02, 2022•Prospect Hill Growth Partners
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Prospect Hill forms Legacy Franchise ConceptsPE Hub•Mar 01, 2022•Prospect Hill Growth Partners, SweatHouz
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Prospect Hill Growth Partners Announces Investment Team PromotionsBusiness Wire•Apr 06, 2021•Prospect Hill Growth Partners
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Prospect Hill wraps up sophomore fund at $380 mlnPE Hub•Jul 09, 2019•Prospect Hill Growth Partners, Proskauer, Asante
