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Growth Equity

Prospect Hill Growth

Prospect Hill Growth takes minority stakes in growing companies, usually without full control, from United States. It states a focus on healthcare & life sciences and consumer & retail.

Capital raised$240macross 5 SEC-filed vehicles
Most recent fund2022filing since 2017
HeadquartersUnited States
Largest single fund$209m

Stated investment criteria

What Prospect Hill Growth says it buys

Read from Prospect Hill Growth’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Founded19952
OfficesWaltham, Boston2
People listed on its team page101

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Prospect Hill Growth states that it takes majority or outright ownership. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Prospect Hill Growth to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Prospect Hill Growth has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed5
Total capital raised$240m
Largest single vehicle$209m
Filing history2017 to 2022
Smallest accepted commitmentNone stated
Filed fromMASSACHUSETTS

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Prospect Hill Growth is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusSEC registered
Regulatory assets under management$311m
Employees8
Private funds advised6 · $311m gross
SEC adviser numberCRD 171462

Valuation context

Transaction values in Healthcare & Life Sciences

What companies have actually sold for in healthcare & life sciences, across 1,263 recorded transactions.

Median consideration$110m
Middle 50%$30m-$318m
Revenue multiple2.8×
EBITDA multiple12.5×

The full healthcare & life sciences picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other growth equity investors active in healthcare & life sciences.