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. […]
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 […]
Progress Equity Partners, LLC. is pleased to announce the recent sale of Terracare Associates, LLC (“TCA”) to Monarch Landscape Holdings, LLC (“Monarch”), a portfolio company of One Rock Capital Partners, LLC. Progress Equity acquired TCA in May of 2009 and since the acquisition, the company successfully expanded its operations and evolved into a leading regional […]
Dallas, TX – Revere Packaging, a portfolio company of Progress Equity Partners, LLC. is pleased to announce its recent acquisition of Plastic Package, Inc. Revere Packaging, in business for more than 60 years, is a niche provider of custom recyclable aluminum and plastic packaging solutions to the food services industry. Plastic Package, Inc. produces proprietary […]
Progress Equity Partners, LLC. is pleased to announce its recent investment in Davey Coach and Cornerstone Bus Leasing and Rentals. Based outside of Denver, CO, the company is one of the nation’s leading dealers of new and used mid-sized buses and shuttles, as well as a premier provider of passenger transport vehicles for lease and […]
Progress Equity Partners (“PEP”) is pleased to announce the acquisition of Tierra Verde Resources and Blue Skies Landscape Maintenance, affiliated commercial landscape companies based in San Diego, CA. The transaction represents the fourth add-on acquisition, and second this year, to PEP portfolio company Terracare Associates (“TCA”), which is based in Denver, CO. The acquisition is […]
Progress Equity Partners (“PEP”) is pleased to announce the acquisition of Landscape Management Services (“LMS”) based in San Jose, CA. LMS represents the third add-on acquisition to PEP portfolio company Terracare Associates (“TCA”), an industry leading outdoor maintenance company, and is a strategic extension of TCA’s current operations in Northern CA. “This transaction is a […]
Progress Equity Partners is pleased to announce the recent sale of D&S Residential to Comvest Partners. Progress Equity, together with its investment partners, held the investment in D&S for almost 11 years and generated a return of over 5 times invested capital over the period. D&S Residential serves over 2,000 individuals with intellectual and developmental […]