Prospect Partners
The Firm
Prospect Partners has been buying genuinely small companies since 1998, more than 175 investments across dozens of industries, with a stated target of $3 to $10 million of EBITDA on revenues of $15 to $100 million, a range it names the pre-middle market. Fund V closed at $225 million, small by design, because the firm's whole thesis lives below where larger funds can afford to look.
Its self-described selection filter is Entrepreneurial IQ, the ability to understand and resource entrepreneurs, and the target is a passionate management team at an inflection point, often taking institutional capital for the first time. The registry deals show the model in miniature: two managed-service providers bought into its Entech platform within four months.
This is the firm a self-funded searcher most literally competes with, because the bottom of Prospect's EBITDA range overlaps the top of a searcher's. The honest counter is speed and personal commitment against a firm that has run this exact play 175 times. For an interview, the load-bearing facts are the 1998 founding, the pre-middle-market coinage, the EIQ language, and the deliberately modest fund size.
What It Buys
Chicago, IL. Calls its target the pre-middle market, which is genuinely small: the range where a self-funded searcher is a real rival bidder. Fund V closed at $225M.
Selling to them one day, or watching them as the other bidder? Track them in the Contact Book so the relationship has a next-touch date.
Confirmed Deals
2 deals traced to announcements by Prospect Partners, 2025 to 2026, newest first. Firms that announce every deal show a fuller run here than firms that report acquisitions as quarterly counts, so read this as the evidence that clears the bar rather than as the firm's whole record.
- C2 Computer Services (into Entech) · February 10, 2026
A Coral Springs managed-cybersecurity and IT provider, extending Entech across South Florida.
- LAN Infotech (into Entech) · November 1, 2025
An award-winning South Florida IT services firm folded into the Entech platform.