Founded in early 1996, Prometheus is a private equity fund established to invest in smaller middle market nationally-franchised restaurant businesses. Prometheus's Principals have 15 years of experience investing in Tier-One, nationally-franchised restaurants (companies with valuations of approximately $10 to $30 million). Prometheus is one of the largest franchisees in each of the Taco Bell, Pizza Hut and IHOP systems. Prometheus's preferred investment amount for portfolio companies ranges from approximately $5 to $20 million. The firm prefers companies headquartered in the United States, with a primary focus in the Southeast.