Jackson Walker successfully represented Prophet Equity, a Southlake, Texas-based private equity firm, in the acquisition of Colorado-based Brown Brothers Asphalt and Concrete. The transaction closed on August 7, 2015.

Founded in 1996, Brown Brothers Asphalt and Concrete is a Centennial, Colorado-based provider of asphalt and concrete services to a diverse base of customers in the real estate development, property management, and construction industries.

Prophet Equity is a private equity firm that uses proven, data-driven analytical techniques coupled with over 100 years of investment and management experience to invest in, unlock and realize future value today. Partnering with owners and management teams, Prophet Equity’s team utilizes a toolkit that is Fortune 500 tested and private equity proven to diagnose and drive dramatic value creation.

Representing Prophet Equity was a Jackson Walker team led by Kevin Jones that included David Stolle, Nate Smithson, Kelly Hodge, Pete Hyndman, Matthew Kimberlin, and Allyn Hurley. This successful representation demonstrates Jackson Walker’s experience in Mergers & Acquisitions and transaction-based financings, which includes representing private equity firms and publicly and privately held companies in a wide range of transactions.