Hills Machinery Company is a heavy equipment dealer serving North and South Carolina with seven branches, offering products for construction and recycling.
Derby Fabricating Solutions manufactures die-cut nonmetallic materials for automotive NVH and BSR reduction, expanding into face shields during the COVID-19 pandemic.
LOUISVILLE, KY – Prophet Equity II LP announced today that on March 31st it acquired Derby Fabricating Solutions (“Derby” or the “Company”). Headquartered in Louisville, KY with manufacturing locations in La Vergne, TN, Sidney, OH and Cadiz, KY, Derby is one of the largest tier 1 and tier 2 automotive manufacturers of noise, vibration and harshness abatement components, as well as acoustic insulation and other components that reduce automobile interior noise levels.
Prophet Equity acquired Total Plastics Inc., a distributor of plastic products with 18 locations across the Midwest, Mid Atlantic, Northeast, Tennessee, and Florida.
Prophet Equity invests in underperforming, asset-intensive companies with over $6 billion in combined revenue, focusing on lower middle-market firms with value creation potential.