Private Equity Firm Financial Services

Progress Equity Partners

Denver, Colorado, United States

Denver-based opportunistic private investment firm specializing in acquiring majority control of operating companies—typically from founder-entrepreneurs—and partnering with management to transition businesses for future growth.

Focus Areas
Opportunistic private equity, Control buyouts, Recapitalizations

Tracked deals

3

3 tracked deals across 2020-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Recapitalization

2 recapitalization · 1 addon

Progress Equity Partners Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Progress Equity Partners. 1 2020 1 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    Farragut Capital Partners, NewSpring Mezzanine (NewSpring), Salem Investment Partners, Progress Equity Partners
    Target
    Salisbury Moore
    Industry
    Construction

    Progress Equity Partners has completed a recapitalization of Salisbury Moore, a Raleigh, North Carolina-based hotel renovation and remodeling company. Farragut Capital Partners, NewSpring Mezzanine, and Salem Investment Partners invested subordinated debt and equity to support the recapitalization and enable Salisbury Moore’s continued growth; existing management will remain in place.

  • Buyer
    Progress Equity Partners, First Capital Partners, NewSpring Mezzanine (NewSpring Capital), Enterprise Bank & Trust
    Target
    Hanson Lab Solutions, LLC

    Progress Equity Partners led a recapitalization of Hanson Lab Solutions, LLC with subordinated debt and equity provided by First Capital Partners and NewSpring Mezzanine, and debt support from Enterprise Bank & Trust. The capital package will support Hanson Labs — a Camarillo, California-based manufacturer and full-service supplier of laboratory casework, fume hoods and lab interiors — in its continued growth and geographic expansion, including recent entry into the Denver market.

  • Buyer
    Davey Coach Sales, Progress Equity Partners
    Target
    Nations Bus Sales (California division)
    Seller
    Nations Bus Sales
    Industry
    Transportation
    Type
    Addon

    Davey Coach Sales, a Progress Equity Partners-backed shuttle bus dealer, has acquired the California division of Nations Bus Sales (based in greater Los Angeles). The deal brings several Nations Bus California employees to Davey Coach, expands Davey Coach's geographic footprint into California, and adds lease/fleet capabilities to serve western U.S. customers.

Related Acquisition Pages

Selling a company? Get in front of buyers like Progress Equity Partners

Turn tracked acquisition activity into an outreach-ready buyer list.