J.W. Childs Associates is renaming itself as Prospect Hill Growth Partners, while keeping its investment and finance staff intact.
The middle-market private equity firm, which supports North American consumer and healthcare growth companies, said the current staff will continue to manage its two active investment funds.
Adam Suttin will still lead the firm as managing partner, and David Fiorentino, Jeff Teschke and William Watts as partners. Phil Damiano and Joe Fortunato will stay on as operating partners, focusing on consumer product opportunities, and multichannel retail and e-commerce, respectively. Mitchell Eisenberg and Lewis Gold will also remain as operating partners with a focus on healthcare investments in physician practice management.
The firm's founder, John Childs, recently retired as chairman after being charged with soliciting prostitution in South Florida as a result of a probe into massage parlors.