Prodos Capital: Buy Box & Recent Acquisitions

At a glance

EBITDA range	$5M+ S3
Deal types	Platform S3
Geography	North America, Western Europe S3
Sectors	Healthcare Services, Transportation & Logistics, Distribution, Industrial & Manufacturing, Consumer & Food

What Prodos Capital buys

Prodos Capital is an investment firm with offices in Nashville and Madrid that buys majority stakes in lower middle market companies, mostly in North America and Western Europe. It calls itself a nontraditional private equity firm, and its insights pages discuss its work as an independent sponsor that leads or joins deals with other sponsors. In the May 2026 Procare Ambulance deal it led alongside Manolin Investment Group, while three other firms supplied growth capital.

Prodos looks for businesses with at least $5 million of EBITDA, gross margins of 25% or more, modest capital needs and recurring revenue, often in fragmented industries where add-ons are possible. It is industry agnostic but avoids high-tech and biotech. Typical situations are founders looking for a long-term steward, family companies without a clear succession plan, and businesses held back by operating or balance sheet problems. Its target hold is 5 to 15 years. Current holdings include an organic soybean processor, a heavy-haul freight broker, a propane and HVAC services company and a medical transport provider.

Recent deals

Announced in the 24 months before October 28, 2026.

Date	Company	Type	Sector	Source
May 2026	Procare Ambulance of MarylandBaltimore interfacility medical transport provider; co-led with Manolin Investment Group, with growth capital from Tecum Capital, Genesis Park and SharpVue Capital	Platform	Healthcare Services	Source

Portfolio by sector

From the firm's portfolio page S4.

Current Portfolio

Sheppard Grain
Unified Logistics
Sail Energy
Cord King International
Viron International
Procare Integrated Health and Transport

Past investments: Flex Power Tools, Wood Pro, Century Box, Merrill Industries, New England Applied Products

Greymont’s take

How Prodos Capital fits a seller

Prodos is worth a look for a founder or family that wants a long-term owner rather than a quick resale. Its target hold of 5 to 15 years is longer than most funds, and it says it prefers deals where owners or managers commit to the next stage alongside it. It aims to act as a board-level partner rather than run the business day to day, and it often adds an operating partner with industry experience, as it did with Dr. Thom Mayer at Procare. The firm also says its offers are firm and are not cut back late in the process.

Because Prodos invests deal by deal with co-sponsors and outside capital providers, the buyer group can include several firms. Owners should ask who is putting up the equity and debt, how committed that money is before a letter of intent is signed, and who will sit on the board after closing.

Questions owners ask

What size companies does Prodos Capital buy?

Its criteria call for EBITDA of $5 million or more and gross margins of at least 25%, in businesses that do not need heavy capital spending. It does not publish an upper size limit.

How long does Prodos hold a company?

Its stated target holding period is 5 to 15 years. The firm says its time frame is not fixed in advance by its investors, which gives it room to hold longer than a typical fund.

Does Prodos invest on its own?

Not always. In the May 2026 Procare Ambulance deal it led the investment with Manolin Investment Group, while Tecum Capital, Genesis Park and SharpVue Capital provided growth capital. Its insights page also describes deals it has co-sponsored with other firms.

Sources

S1Prodos Capital home page Accessed October 28, 2026
S2Prodos Capital: About Us Accessed October 28, 2026
S3Prodos Capital: Investment Criteria Accessed October 28, 2026
S4Prodos Capital: Portfolio Accessed October 28, 2026
S5Prodos Capital: Contact Us (Nashville and Madrid offices) Accessed October 28, 2026
S6Tecum Capital Announces Investment in Procare Ambulance (May 18, 2026) Accessed October 28, 2026
S7Hyde Park Capital: Procare Ambulance Strategic Partnership with Prodos Capital Management and Manolin Investment Group Accessed October 28, 2026
S8Prodos Capital: Investment Without a Structure, Keys to the Independent Sponsor Model Accessed October 28, 2026
S9Prodos Capital: Team Info Accessed October 28, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Prodos Capital. Figures are as reported on the dates shown and may have changed. Request a correction