Ascent’s partners are also principals in Prism Opportunity Fund, a venture capital fund with offices in Chicago, Milwaukee, New York, and Seattle. This combination of merger & acquisition and venture captial expertise provides exceptional value to our clients and portfolio companies.
Prism makes direct equity investments in emerging, privately-held companies with driven, entrepreneurial management teams and market validated products, services, or technologies. A combination of private investment and SBA (Small Business Administration) leverage provides us with over $50 million under management. As an SBIC (Small Business Investment Company), our lower cost of funds affords us the flexibility to structure more attractive terms for our investment partners.
Prism Opportunity Fund supports entrepreneurs and their companies with a scarce and invaluable resource–patient equity capital. For privately held companies, this partnering of capital and expertise can mean retaining independence,maximizing value, and motivating top management to participate in the growth and success of the business.
Our investment focus is small to mid-sized private companies who need additional capital to grow, restructure or make acquisitions. Prism is aggressive in pursuing companies in four markets: Information Technology, Publishing Business Services, and Specialty Manufacturing.