What We Do

We seek involvement in exciting investment opportunities in Real Estate development and Private Equity sector.

Venture Finance

Provco invests in early stages of various companies in fields such as technology, biotech, health care, alternative energy and others. We are investing in publicly traded companies through the established public markets focusing on both equity transactions and lending.

Real Estate

Our main focus is on targeting new commercial real estate properties. Provco redevelops underutilized sites and acquires desirable real estate for development and use by third party tenants like Wawa, CVS, Starbucks and others.

The Provco group was founded by Dr.Richard Caruso, who also established Integra LifeSciences Corporation in 1989, taking it public in 1995. Integra envisioned ... and then created ... a new branch of medicine now known as Regenerative Medicine earning its founder the Ernst & Young National Entrepreneur of the Year

Award in 2006.

Who We Are

Provco team is comprised of highly passionate, innovative, and accomplished individuals sharing a vision of financial success while honoring integrity and building long lasting, mutually beneficial business relationships.

What sets us apart from other real estate development companies is our passion for projects designed to leave a lasting, positive effect on the communities we serve.

We have over 40 years of experience developing a multitude of regional and national projects for tenants such as Citibank, Staples, Shoprite, Wilmington Trust, Men's Warehouse, FedEx, Kinkos, and Raymour Flannigan.

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Dr. Richard Caruso

The founding member of The Provco Group: Dr. Caruso founded Integra Lifesciences Holding Corporation, a NASDAQ listed company, in 1989 and served as its
Chairman from March 1992 until January 2012 and as a director since March 1992. He was Integra’s Chief Executive Officer from March, 1992 to December, 1997 and President from September, 1995 to December, 1997.


Gerald Holtz

President of Provco Real Estate and Vice President of Provco Ventures: Mr. Holtz has developed projects that include such national tenants as Staples, Citibank, Starbucks, CVS, Wawa, Wilmington Trust, Shoprite, Men’s Warehouse, Fed EX Kinkos, and Raymour Flanigan. In addition, he principally negotiates all external financing with third-party lenders.


W. Kent Silvers

Vice President of Provco Real Estate: In addition to his role as commercial developer for the company, Mr. Silvers acts as the company's chief legal advisor. Mr. Silvers is responsible for all transactional work associated with the structuring, formation, documentation and negotiation of acquisitions dispositions, leasing and development.


Michael Cooley

Vice President of Real Estate Development at Provco Real Estate: Michael Cooley has been developing real estate since 1998 and joined the Provco team in 2003. Michael’s core focus is sourcing retail land development opportunities in the Mid-Atlantic markets as a preferred developer for our regional and national clients. Michael oversees the entire cycle of the acquisition and land development process including site identification, project underwriting, contract and lease negotiations, engineering design, entitlements, construction and property management.


Gary R. DiLella

Vice President of Provco Group: focusing on investments ,both private and public, and tax planning and compliance for Provco and its customers.Gary received a B.S. degree in accounting from The Pennsylvania State University and a M.S. degree in taxation from Villanova University.


David B. Holtz

Vice President of the Provco Group: responsible for maintaining the accounting systems for Provco’s commercial restate and other investment portfolios while providing financial management oversight for various portfolio companies. Prior to joining Provco in 2012, David held several financial officer positions with Nucryst Pharmaceuticals and Integra LifeSciences Holdings.


Robert Shirley

Vice President of the Provco Group: Mr. Shirley represents Provco’s search for office, industrial and retail acquisitions. Rob also assists with redevelopment opportunities along with his leasing responsibilities within Provo’s portfolio. He joined Provco in 2006 and has been involved in commercial real estate redevelopment, leasing and acquisitions since 1996.

"Success in any field, but especially in business, is about working with people - not against them." -Keith Ferrazzi

Our Partners

Provco feels fortunate to participate in various business ventures, alongside top professionals, building long-term partnerships in the process.

Throughout our business journey we strive to accomplish ordinary things in an extraordinary way while also enjoying the process.

If you are interested in starting a dialogue about potential partnership, please contact us.

"Coming together is a beginning; keeping together is progress; working together is success. "

Henry Ford

Real Estate

Provco Principals have developed over one million square feet of office and retail space.

We negotiated and closed on commercial transactions involving private placement equity investments, leases, long term debt financings and real estate development in excess of $500,000,000.
We pursue retail land development opportunities in the tri-state area and work closely with townships, redevelopment groups and applicable governmental authorities to secure entitlements necessary to build single and multi-tenant centers.

Please view some of our Signature Properties here.

2007 TOBY Award for Villanova project

Venture Finance

Provco invests in early stage technology companies, BioTech, Health Care, and Alternative Energy Startups.

Provco Ventures focuses on US based domestic market opportunities including those with a global presence.

If you are interested in learning more about our portfolio or to discuss potential partnership, please contact us.



  • Roxborough Ridge Commons
  • 1529-31 Chestnut Street
  • Atwater Village, Route 29 & Atwater Drive, Malvern, PA
  • M&T Bank Building, 797 E Lancaster Avenue, Villanova, PA
  • 789 E Lancaster Avenue, Villanova, PA


" Inspiration exists, but it must find you working" -Pablo Picasso


The Provco Group
Two Villanova Center
795 E. Lancaster Avenue
Villanova, PA 19085