Photo of Rick Tuttle courtesy of Prospect Partners
Prospect invested in 2005, partnering with CEO Jeff Porter
Expanded from recreational vehicles into heavy-duty trucks
In 2014 acquired telematics company to create Road-iQ vision system
When Prospect Partners sold Velvac to Eastern Co, a deal that closed April 3, it marked the end of a more-than-decade-long hold. During that time, which encompassed the financial crisis, the Great Recession and the recovery, Velvac expanded from producing mirrors ...