Entries by PE Admin

Progress Equity Partners Exits DMS Investment

Progress Equity Partners, Ltd. is pleased to announce the recent sale of Diversified Machine Systems, LLC (“DMS”) to SCM Group, a leading Italian multinational company in machinery and industrial equipment.  Progress Equity partnered with DMS and its founder Patrick Bollar in 2011.   Annual revenues have nearly tripled since that time through continuous innovation within its […]

PEP Portfolio Company DMS Wins Colorado Manufacturing Award

Progress Equity Partners is pleased to report that its portfolio company Diversified Machine Systems (DMS), based in Colorado Springs, CO, was a 2018 winner of The Colorado Manufacturing Awards (CMA) in the “Outstanding Industrial/Equipment Manufacturer” category. This award exemplifies the commitment to excellence that has been DMS’s trademark since its inception over 15 years ago. […]

PEP Portfolio Company Davey Coach Completes Add-On Acquisition

April 2018 – Progress Equity Partners (“PEP”) is pleased to announce the acquisition of certain assets of Intermountain Coach (“IMC”) by portfolio-company Davey Coach Holdings.  Intermountain Coach, based in Colorado Springs, CO, has been a dealer and lessor of mid-size buses in the Rocky Mountain Region for over 20 years.  Several employees, including industry veteran […]