Bio

Bill Glastris has spent his entire career as a lower-middle market private equity investor. He is currently Chairman of the Board of Fabretto Children’s Foundation based in Evanston, IL as well as Chairman and a personal investor in several private companies including Acadian Kitchens, LLC (Broussard, LA), Auto Driveaway Systems, LLC (Lombard, IL), Avli Foods LLC (Chicago, IL), Heavy Duty Specialists LLC (Omaha, NE), Rainbo Sports & Skating, LLC (Northbrook, IL), Kouzina Foods LLC (Evanston, IL) and Wild Hare Music, LLC (Chicago, IL). He is a former Chairman and board member of numerous private companies. From 1997 – 2013 he was a Founding Principal of Prospect Partners, LLC, a leading lower-middle-market private equity firm based in Chicago which managed three funds totaling $470 million. Prospect Partners focuses exclusively on management-led leveraged recapitalizations and acquisitions of small companies with niche strategies and is backed by a premier group of institutional investors. The firm’s principals are highly experienced, active, and committed investors in lower-middle-market companies with revenues typically under $75 million. Since 1998, Prospect has invested nationwide in more than 150 unique companies in a broad range of niche markets, including consumer, commercial, manufacturing, distribution, and specialty business and consumer services. Mr. Glastris remains an investor in Prospect Partners funds but does not have day-to-day responsibility for investing or managing Prospect investments. Prior to forming Prospect Partners, Mr. Glastris was a partner at LaSalle Capital Group, a lower middle market leveraged buyout firm in Chicago, from 1990 to 1997. During this time, Mr. Glastris originated and completed nine acquisitions with management partners as a principal and as a personal investor. From 1983 to 1989, Mr. Glastris was with Golder, Thoma & Cressey (now GTCR Golder Rauner, LLC), a large Chicago-based private equity investment firm managing over $400 million in three funds, and specializing in consolidating fragmented industries. In six years at Golder, Thoma & Cressey, Mr. Glastris originated seven portfolio company investments for the firm. Mr. Glastris is originally from St. Louis, Missouri and resides in Winnetka, Illinois with his wife Carolyn Moses Glastris, who is originally from Fargo, North Dakota. The couple met in 1979 at Northwestern University. They have three adult children - Georgia, Carina and Celia. They have vacation/rental homes in Vail, Colorado, Detroit Lakes, Minnesota, Union Pier, Michigan and Redonda Bay, Nicaragua and greatly enjoy international travel with family and friends. Bill received a B.A. in Economics from Northwestern University in 1982 and an MBA (Finance and Accounting) from Northwestern University’s Kellogg Graduate School of Management in 1984. Mr. Glastris formerly served as Chairman of Kronos Foods, Inc., Spirit Foodservice Products, Inc., Knight Packaging Group, Inc., First Texas Products Company, Gourmand Specialty Foods, Inc., Marine Accessories Corporation, Billiard Brands, Inc, PAC Holding Company, United Skylights LLC, Sinbad Foods, LLC, Wrap Pack Products Corporation, Regency Windows and Copperfield Chimney Supply, Inc., as Co-Chairman of Equestrian Products Corp., and as a Director of Main Street Gourmet Inc., Deflecta-Shield Corp., ELM Packaging Co., L.P., GolfMark L.P./IRI Golf Group, Barefoot Grass Lawn Service, Inc., Jim Colbert Golf, Inc and Direct Mail Corporation of America.