JOHN W. PRUTCH, Managing Partner
Prior to co-founding Prometheus Capital, Mr. Prutch managed several middle market consumer-related businesses. He has been successful in the turnaround of companies through cost-cutting and aggressive sales and marketing. Mr. Prutch accomplished these turnarounds by selling divisions and subsidiaries, acquiring companies, negotiating licensing agreements, negotiating long term contracts, moving domestic production to overseas, renegotiating new labor agreements and raising fresh capital in the form of both equity and debt.
Prior to Mr. Prutch’s management activities, he was founder and Managing Director for Merchant Capital Group (Mercap), a Chicago based boutique merchant bank providing advisory services, merger and acquisition services and direct investments as principal in a number of consumer-oriented businesses including General American Door, LSJ Sportswear and Rapco International. Mr. Prutch managed Mercap for ten years and was non-executive chairman of the companies that Mercap invested in as a principal.
Prior to founding Mercap, Mr. Prutch was Vice President of Equities Northwest, Inc. (ENI), which was sold to Oppenheimer & Company in 1982. ENI was the premiere source of venture capital and project financing to the energy industry in the 1970’s and early 1980’s. Mr. Prutch progressed to Vice President in charge of their Chicago office. ENI raised over $100,000,000 per year in equity, with Chicago being the largest producing office.
Over the course of his career, Mr. Prutch has served on the Board of Directors of numerous companies, both public and private. Mr. Prutch attended Loras College in Dubuque, Iowa and majored in Political Science. He currently resides in Palatine, Illinois with his wife, Debbie.
JOSHUA J. PRUTCH, Partner
Joshua J. Prutch is a co-founder of Prometheus Capital and leads the distressed practice of Prometheus Capital through identifying opportunities and partners to successfully turn-around troubled companies. Outside the distressed practice, Mr. Prutch assists in managing the due diligence process, identifying capital through financial institutions and strategic alliances, while creating strategic alternatives for the firm’s engaged clients.
Prior to joining Prometheus Capital, Mr. Prutch spent the 7 years in a fortune 500 company in the supply chain management industry. Mr. Prutch held several positions within the company ranging from Analyst to Project Manager to Department Head. Under Mr. Prutch’s lead, the company successfully designed, created, went to market, and supported two Windows based technologies. The first to market grew to controlling $35mm in revenue by year 4 and the second received the “Innovation of the Year - 2006” award presented by the USPS within 2 weeks of its press release.
This opportunity allowed Mr. Prutch to gain insight into the world of entrepreneurs, where he developed an in-depth understanding in their specific business needs and concerns. Both applications, produced revenues while eliminating substantial costs.
Mr. Prutch received his business degree in Supply Chain Management from Eli Broad College of Business at Michigan State University. He currently resides in Holland, Michigan with his wife and three children.
JAMES E. THOMPSON, Partner
Jim Thompson is a co-founder of Prometheus Capital and is responsible for oversight of Prometheus Capital participating ventures, finance and accounting services department, opportunity viability analysis and subsequent turn-around operational activities. Prior to joining Prometheus Capital, Mr. Thompson served as CFO for a regional aviation services provider.
Mr. Thompson’s history includes over 20 years of supporting entrepreneurs in the development, launch and successful operations in multiple businesses spaces including: real estate development, resort / golf development, aviation, hospitality / food & beverage operations, construction and electronics distribution. Mr. Thompson has held positions ranging from Controller to CFO and COO. Under Mr. Thompson’s leadership he built, opened and operated a national award winning golf course and +800 acre residential development. Mr. Thompson has also developed custom ERP solutions for fringe industries, including a full service software solution for the distribution, support, customer service and commission tracking functions of a national subscription media provider.
Mr. Thompson’s approach can best be described as a walk the floor CFO/COO who participates at a hands-on level within the Prometheus Capital family of ventures. Mr. Thompson holds a Bachelor of Arts degree in Business Administration – Accounting from Hillsdale College. He currently resides in Schoolcraft, Michigan with his wife and two sons.
JOHN 'JACK' CUMMINS, Managing Director
Jack Cummins joined Prometheus Capital in 2015. He has advised ownership and investors for soccer leagues worldwide including the English Premier League, Campeonato Brasilileiros Serie A, MLS, NASL, USL, and the National Women's Soccer League (NWSL). Jack is also the founding owner of the Chicago Red Stars where he served as a Director and and as the team's General Counsel. He was also the Chair of the Expansion Committee for the NWSL's predecessor WPS. Jack founded Cummins & Associates, Ltd., a boutique law firm advising stakeholders in sports, entertainment, media, and technology with an emphasis on capitalization and M&A. Jack has been a founder, President, COO, CFO, General Counsel and Director of numerous companies and as taken active roles in numerous turn-around situations. Jack hold a B.A. and J.D. from DePaul University where he is the current President of the Alumni Association, Chairman of the Dean's Advisory Council for the DePaul University College of Law, and Vice-Chair of the Advisory Board for the Coleman Entrepreneurship Center.
BOB MALANDRO, Managing Director
Bob Malandro joined Prometheus Capital in 2015. He brings seven years experience in Sports M&A at The Sports Advisory Group, advising and consulting on transactions in MLB, the NBA Development League, MiLB, MLS, Independent baseball, professional hockey, and sports facilities. Bob has served as Director of Sales within Steiner Sports team partnership division, managing relationships with MLB and NHL franchises, and overseeing alternative revenue generation initiatives. He has financial industry experience representing global leaders such as UBS and AXA, and consulting on projects with other major financial institutions including John, Hancock, USAA, and Canada Life. Bob has spoken and presented frequently on the business of sports and maintains an extensive industry network.BRUCE NEVIASER, Managing Director
Bruce Neviaser has enjoyed a long career in commercial real estate and hospitality management, development, acquisition and funding. He was the co-founder and Chairman of The Great Lakes Companies, the predecessor company to Great Wolf Resorts, Inc., the largest developer and operator of indoor waterpark resorts in the U.S. Over a ten year period beginning in 1994, Great Lakes developed and owned real estate with a total development cost exceeding $800 million and which included 1,100 senior housing units, various retail and land development projects, 14 hotels and the first 7 waterpark resorts that formed the core portfolio for Great Wolf Resorts (NASDAQ:WOLF). WOLF was spun off and became a public company in December, 2004, and was eventually acquired in 2012 by Apollo Global Management. Upon completion of the IPO, Bruce served as Chairman of the Board of WOLF until September, 2005.
While with Great Lakes, one of his areas of responsibility was to oversee the structuring and capital funding of all areas of development and operations. Bruce was directly involved in raising over $160 million of equity for the company’s developments, including about $100 million for the waterpark resort portfolio during the period 1999 thru 2003. All development activities that included funding from investors other than the principals of Great Lakes were funded through Reg D private placements, and the pool of investors affiliated with Great Lakes eventually reached over 2,200 individuals.
In 2005, Bruce founded Continuum Investment L.P., an angel investment firm specializing in early stage investments in biotech, software, and internet related businesses that focus on utilizing proprietary products and services to enhance operating efficiencies for targeted markets. At Continuum, Bruce oversaw private placement funding for various portfolio companies that totaled over $50 million of equity. Continuum’s portfolio eventually included fourteen companies based in the Midwest and Southern California. Bruce and his partner, Patrick Genn, take an active role in management of the portfolio companies.
Bruce also co-founded Iconos, LLC, a management consulting and funding firm focused on a variety of start-up technology and real estate activities in the US, providing services to enhance corporate structure, management and financing for its clients. In 2012, he co-founded World United Vacations, LLC, a company that sells and services vacation club memberships in the Midwest.
In addition to the various corporate Boards that he sits on, Bruce serves on various Boards at the University of Wisconsin-Madison, including the Advisory Board for the Weinert Center for Entrepreneurial Studies, the Advisory Board for the James A. Graaskamp Center for Real Estate Studies, the Advisory Board of the Paul Carbone Comprehensive Cancer Center and is an Emeritus member of the Advisory Board to the Dean of the School of Business.
MIKE MORAN, Vice President
Mike Moran joined Prometheus Capital after four years as an Associate with Citi’s Sports Finance and Advisory Group, where he worked on buy-side and sell-side M&A, debt and equity financings, and leveraged buyouts of professional sports franchises in the United States and Europe. He has also advised teams in the NHL, NBA, MLB, NFL, English Premier League, English Championship League and Serie A, including the Detroit Pistons, Los Angeles Dodgers, Florida Panthers and Fulham Football Club. Michael has a Bachelor’s of Science in Economics from the Wharton School, The University of Pennsylvania.
SAMANTHA PRUTCH, Vice President
Samantha Prutch joined Prometheus Capital in 2015 with an extensive career in executive brand building within the retail sector. Samantha has collaborated to help build some of the most notable and recognizable retail brands worldwide including Abercrombie & Fitch, Hollister, Gilley Hicks, and Ruehl. Her executive leadership role within the Abercrombie & Fitch family of brands allowed her to collaborate with some of the leading creative and marketing minds worldwide and create iconic retail brand experiences, campaigns and brand environments. This extensive career in branding and brand environments accompanied with her education in interior design/interior architecture makes her the perfect fit to co-create unique and captivating homes for Pompeii Properties.
JAMES CURRIE, Senior Advisor
Jim Currie is a Senior Advisor to Prometheus Capital and is involved in its investment banking practice, assisting in capital raises as well as leading M&A transactions. Jim has deep experience as a corporate General Counsel as well as a corporate executive.
Prior to his experience with Prometheus, he was CEO of Rapid Refund which was the first company to offer on-line filing of tax returns. He was also CEO of Borrowers Choice, the first company to offer on-line advertising of mortgage loan rates, origination of loan applications and other real estate services. Over the course of his career Jim negotiated and executed numerous M&A transactions and has over 25 years of business and investment banking experience. Jim resides in the greater Washington D.C. area.
JON PRITCHETT, Senior Advisor
Jon Pritchett is a Senior Advisor with Club 9 Sports Inc. and founder of Tobacco Road Capitalists with over 20 years of sports, entertainment and media business success; including management positions in a diverse group of sports and entertainment companies including French West Vaughan and Just Go Products. Jon served as the CEO of General Sports Venue, a sports specialty marketer of brands, including the AstroTurf brand. During his tenure, he led the highly successful re-build of the brand from bankruptcy to industry leadership. He also spent 10 years as COO of ScheerSports and VP of Host Communications/IMG College where he was involved in a number of projects that included leagues, teams, events, media and venues. Has served on a variety of local and national boards and is a frequent commentator and speaker on the business of sports.WIL SPRATT, Senior Advisor
Mr. Spratt has served on the board and as CEO of several public and private companies in Canada (2002-2009) including: Parasun Technologies Inc., a company delivering software and services to the US Cable Industry; Kinzin International Inc, an international social publishing site for private groups; Uniserve Communications Corporation, a Canadian broadband service provider; and Knowledge Based Telephony Systems Inc., a VoIP service provider. As a banker with Royal Bank of Canada (1990-2002), Mr. Spratt managed commercial credit portfolios with real estate and technology concentrations, as well as e-commerce and deposit product portfolios. In the Royal Bank's US internet bank subsidiary, Security First Network Bank (Atlanta), he was Managing Director, Business Development, assisting with the US acquisitions that led the Canadian bank's expansion into the US retail marketplace. In addition, Mr. Spratt has been a board member of Eagle Hill Exploration Corporation, Mammoth Capital Corporation and Ernex Marketing Technologies Inc. Mr. Spratt's expertise is concentrated in the areas of strategic planning, mergers and acquisitions, and the commercialization of new technology. Wil makes his home in Vancouver, British Columbia.
JAMES ROCHE, Senior Associate
James Roche joined Prometheus Capital in 2014 and is a former professional baseball player in the New York Mets organization. He has consulted on sports industry transactions in minor league baseball and Major League Soccer and has experience in locating both sports growth opportunities as well as funding sources. James is an active supporter of Special Olympics, Relay for Life, and Red Cross and is a graduate of Bentley University.