The Latest News from Coltala:
Press Releases

NOVEMBER 9, 2023 CHOICE ANNOUNCES ACQUISITION OF LUMICARE HOSPICE

TYLER, TX, October 23, 2023 – Choice Health at Home, LLC “Choice”, the multi-state provider of home health, hospice, private duty, attendant care services and rehabilitation services, announced today the acquisition of Lumicare Hospice of Colorado, Texas, and Arizona. The addition of this business represents Choice’s entry into the State of Colorado and complements existing services in both Texas and Arizona.

David Jackson, Founder and CEO of Choice Health at Home commented on the transaction, “As a clinician lead business we know hospice is such an important mission and service for our patients. Lumicare has built a reputation of providing outstanding care. We are so excited to welcome the employees and patients to Choice Health at Home.”

Lumicare Hospice is a prominent hospice care provider with a strong presence in Colorado, Texas, and Arizona. This move marks a significant expansion of Choice’s footprint in the Southwestern United States, further enhancing its commitment to providing exceptional end-of-life care to patients and families. Company leadership has been vocal regarding the targeted geography and the strategy of providing a more comprehensive solution for post-acute care at home in all service locations.

Trina Lanier, Chief Growth Officer and Co-founder of the hospice and home health service lines, expressed enthusiasm about the acquisition, stating, “Lumicare Hospice aligns perfectly with our mission to improve the lives of individuals and families facing serious illness. We are thrilled to be providing services in Colorado and excited to expand on our current footprint in Texas and Arizona.”

Kevin Peay, a founder of Lumicare, will continue with Choice as President of Hospice Operations in the state of Colorado. Kevin commented further, “At Choice the mission is to enhance the life of every person we serve through the pursuit of excellent care. This aligns so well with the services and mindset of Lumicare. I am looking forward to continued growth and expansion throughout the Choice footprint with this goal in mind.”

Jackson closed the announcement with comments regarding Peay and further expansion “Kevin brings so much experience to the table in hospice services. Specifically, he has been a leader in the sector within the Southwest. When we discuss the mission of hospice and our vision for Choice Kevin aligns very much with our culture and our goals.”

About Choice Health at Home

Choice corporate headquarters are located in Tyler, TX and the company currently operates in Texas, Louisiana, Kansas, Oklahoma, Arizona, Nevada and Colorado. Choice was founded in 2008 as a rehabilitation service provider, entered home health in late 2012, and launched their hospice segment in 2018. In 2020, the Choice founders partnered with Trive Capital and Coltala Holdings in a shared vision of expansion for the post-acute company. Choice provides a broad spectrum of post-acute services including home health, hospice, homecare, remote patient monitoring, and rehabilitation services. For more information on Choice, please visit choicehealthathome.com. Trina Lanier, trina.lanier@choicehealthathome.com

About Choice Homecare & Hospice

Choice is a leading provider of home health and hospice services, Choice offers skilled nursing, therapy services, personal care attendant services and both physical and spiritual end of life care.
http://ChoiceHealthAtHome.com

Company Address
Choice Health at Home
6760 Old Jacksonville Highway Suite101
Tyler, TX 75703
United States

OCTOBER 24, 2022 COLTALA MAKES INVESTMENT IN TOP NATIONAL REAL ESTATE ENGINEERING FIRM BASED IN DALLAS, TX

Coltala makes investment in top national real estate engineering firm based in Dallas, TX

October 24, 2022, Dallas-Fort Worth, TX

Coltala Holdings has closed the investment of Pond Robinson & Associates, L.P. (“PR&A and or the “Company”) a nationwide commercial equity-level due diligence firm, providing engineering and architectural services for institutional property owners acquiring or developing commercial real estate across the United States.

Founded in 1998, the Company has worked with a multitude of institutional clients to acquire or develop properties for their portfolios all across the U.S. 

With domain expertise in engineering, construction and architectural consulting, PR&A provides Property Condition Assessments for acquisitions and dispositions; and Pre-Development Document/Design Reviews and ongoing Construction Monitoring Services for ground-up development projects. 

The Company has 42 employees and is headquartered in Dallas, Texas, with additional offices in Atlanta, Georgia, Tampa, Florida, and Houston, Texas, with a remote workforce in major metropolitan areas such as Chicago, Denver, Los Angeles, Minneapolis, Nashville, New York, San Francisco, and West Palm Beach.

Michael Raybon, PR&A’s President/Managing Principal, and Mark Petersen, Principal, will continue to lead the Company post-closing and Alan Pond, a Founding Member will continue to stay on as an Advisor and Investor.  

The Company’s board is comprised of Ralph Manning, and, Edward Crawford, Co-CEOs of Coltala, Chris Schmaltz, Partner at Aldine Capital Partners and Connor Haley, Managing Partner and Founder at Alta Fox Capital Management.   

Commenting on the partnership, Michael Raybon stated, “Mark and I are both excited to continue on the twenty-five-year legacy of quality and strong relationships at Pond Robinson as we transition to the next level through this investment.” Mark Petersen added, “Michael and I look forward to continuing our growth while maintaining the highest quality in our industry, as we continue to serve and build our long-term client relationships.”

Alan Pond, Founding Member of PR&A added, “so proud of what Michael Raybon and Mark Petersen have accomplished together over the last 20+ years. After building this business over many years, it was very important to find the right partner. Ralph, Edward and the Coltala team are high integrity and are a great fit for our culture and mission at Pond Robinson.” 

Ralph Manning, Co-Founder and Co-CEO of Coltala Holdings, further added, “It is a privilege to have the opportunity to invest in the team that runs the number one firm in their industry segment.  Mike, Mark and Alan are a class act and we are very excited about the next chapter of this storied business.”

Edward Crawford, Co-founder and Co-CEO of Coltala said “Pond Robinson’s reputation as the top brand in the industry was earned by delivering quality through the brightest engineers in the market. We are excited to work with Mike, Mark and Alan as they continue to build upon this culture of excellence.

The Dallas-based business is currently seeking to grow organically by serving its institutional clients’ needs for growing demand, particularly in the industrial and multifamily spaces. 

About Coltala Holdings

The Pond Robinson & Associates investment represents the fourth strategic platform for Coltala Holdings since its inception in 2018. Coltala Holdings partnered with Chris Schmaltz at Aldine Capital Fund IV as well as with Connor Haley of Alta Fox Opportunities Fund LP on this investment. Coltala Holdings is a Dallas-Fort Worth based holding company focused on acquiring majority ownership in stable U.S. businesses in healthcare, manufacturing, and business services. Coltala is actively seeking potential acquisition targets that share our passion for operational excellence, continuous improvement, and authentic and principled business stewardship. At Coltala, we build  businesses of significance by establishing a foundation where both Margin and Mission are given equal priority. 

Businesses interested in joining the Coltala Family should contact Co-founders Ralph Manning and Edward Crawford at info@coltala.com. To learn more, please visit www.coltala.com.

OCTOBER 5, 2022 CHOICE ANNOUNCES ACQUISITION OF INSTANT CARE OF ARIZONA

Choice Health at Home Announces Acquisition of Instant Care of Arizona.

October 5, 2022, Tyler, TX

TYLER, TX, October 5, 2022 – Choice Health at Home, LLC “Choice”, the Texas‐based multi‐state provider of home health, hospice, private duty, and rehabilitation services, announced today the acquisition of Instant Care of Arizona. The addition of this business, one of the largest of its kind in the state, not only launches the company into Arizona, but also into attendant and personal care services.

David Jackson, Founder and CEO of Choice Health at Home commented on the transaction, “The acquisition of Instant Care of Arizona, and entry into this segment, aligns with our mission at Choice. The business has a great leadership team, and the services they provide truly enhance the life of each client.”

The transaction marks Choice’s second in 2022 following a very busy 2021. The company executed on ten transactions last year within the home health and hospice space further developing their Southwestern U.S. footprint. Company leadership has been vocal regarding the strategy of providing a more comprehensive solution for post‐acute care at home in all service locations.

Trina Lanier, President of Choice and Co‐founder of the hospice and home health service lines, emphasized this point and how this transaction complemented the strategy, “Our journey at Choice has always been about creating a continuum of care in the home. This is a great step and one that establishes an excellent start in the state of Arizona.”

Oliver Fultz who, following a decade in leadership with Instant Care, joins Choice as Regional Vice President of Operations commented further, “At Choice the mission is to enhance the life of every person we serve through the pursuit of excellent care. This aligns so well with the services and mindset of Instant Care. I am looking forward to continued growth and expansion throughout Choice footprint with this goal in mind.”

Jackson closed the announcement with comments regarding Fultz and further expansion “We see this service (personal care) as very supportive of home health and hospice. To that end we are expanding private duty within the state of Texas to meet similar needs in that state. We will continue to look for quality businesses in the home health, attendant services, private duty, and hospice space.”

About Choice Health at Home

Choice corporate headquarters are located in Tyler, TX and the company currently operates in Texas, Louisiana, Kansas, and Oklahoma. Choice was founded in 2008 as a rehabilitation service provider, entered home health in late 2012, and launched their hospice segment in 2018. In 2020, Choice partnered with Trive Capital and Coltala Holdings in a shared vision of expansion for the post‐acute company. For more information on Choice, please visit

www.choicehealthathome.com or contact Trina Lanier, trina.lanier@choicehealthathome.com.

About Choice Homecare & Hospice

Choice is a leading provider of home health and hospice services, Choice offers skilled nursing, therapy services, personal care attendant services and both physical and spiritual end of life care.

http://ChoiceHealthAtHome.com

Company Address
Choice Health at Home
6760 Old Jacksonville Highway, Suite101
Tyler, TX 75703
United States

JUNE 29, 2021 COLTALA ANNOUNCES PARTNERSHIP WITH TEXAS BASED CHOICE HEALTH AT HOME, AND SUBSEQUENT ACQUISISTIONS IN TEXAS AND OKLAHOMA

Coltala announces partnership with Texas based Choice Health at Home, and subsequent acquisitions in Texas and Oklahoma

June 29th, 2021, Fort Worth, TXChoice Health at Home (“Choice”), a leading regional provider of healthcare services including home health, hospice, and rehabilitation, has closed three acquisitions and expanded services in Texas and into Louisiana and Oklahoma following its partnership with Coltala Holdings, a DFW-based holding company.

With several acquisitions closed, Choice Health at Home is a rapidly growing home health, hospice, and rehabilitation service provider headquartered in Tyler, TX. The company operates from 40 locations in Texas, Louisiana and Oklahoma serving thousands of patients annually via their base of over 800 licensed healthcare employees.

Last summer, Choice announced the acquisition of Home Therapy of Austin expanding the company’s presence throughout Central Texas. The Texas-based home health, hospice, and rehabilitation service provider then entered the Oklahoma market via the acquisition of Angelic Hospice in Shawnee, Oklahoma in January 2021. Additionally, Choice has purchased Restore Home Health as of June 1, 2021, which operates in Central and Northeast Oklahoma. Restore provides home health services via locations in Tulsa, Edmond, Grove, Stigler, and Muskogee.

The company’s board is comprised of Choice Founder and CEO David Jackson, Ralph Manning, CEO of Coltala, Edward Crawford, President of Coltala, Brad Wiginton, Managing Director of Trive Capital and Conner Searcy, Managing Partner of Trive Capital.

Commenting on the partnership, David Jackson stated, “We spent a significant amount of time looking for partners that shared our vision for Choice Health at Home. Coltala shares both our passion to provide outstanding care and the desire to expand our patient- centered services.”

Trina Lanier, COO of Choice Health at Home added, “Choice is excited about the opportunities provided through this partnership. Coltala brings business experience that will be supportive in executing our growth plan but also in preserving our patient-centered culture during expansion.”

Ralph Manning, Co-Founder and CEO of Coltala Holdings, further added, “David and his accomplished team have done an outstanding job building Choice Health at Home over the past thirteen years and we look forward to working with them to build the premier home health and hospice company in the region.”

Edward Crawford, Co-founder and President of Coltala said “David, Trina, and the Choice team have built a preeminent business with a true mission focused culture and we are honored to support them as they grow in Texas, Louisiana, Oklahoma and beyond.”

The Tyler, Texas based post-acute healthcare business is currently seeking home health and hospice acquisition candidates in Texas, New Mexico, Oklahoma, Louisiana, and Arkansas.

About Choice

Choice corporate headquarters are located in Tyler, Texas, and currently operates in Texas, Louisiana, and Oklahoma. Choice was founded in 2008 as a rehabilitation service provider, entered home health in late 2012, and launched its hospice segment in 2018. For more information on Choice, visit choicetx.com or choiceoklahoma.com.

About Coltala Holdings

The Choice Health at Home investment represents the fifth transaction for Coltala Holdings in 2020. Coltala Holdings is a DFW-based holding company focused on acquiring majority ownership in stable U.S. businesses in healthcare, manufacturing, and business services. Coltala is actively seeking potential acquisition targets that share our passion for operational excellence, continuous improvement, and authentic and principled business stewardship. At Coltala, we build businesses of significance by establishing a foundation where both Margin and Mission are given equal priority.

About Trive Capital

Trive Capital is a Dallas, Texas based investment firm focused on providing flexible equity and debt capital tostrategically viable middle-market companies that exhibit transformational upside potential.

Businesses interested in joining the Coltala Family should contact Co-founders Ralph Manning and Edward Crawford at info@coltala.com.

To learn more, please visit www.coltala.com.

DECEMBER 9, 2020 COLTALA HOLDINGS PARTNERS WITH TRIVE CAPITAL TO ACQUIRE LOWER MIDDLE MARKET COMPANIES

Coltala Holdings is pleased to announce it has received strategic financial and deal execution support from Trive Capital, a Dallas-based, private investment firm with approximately $2 billion in aggregate capital commitments.

DALLAS-FORT WORTH, Texas (PRWEB) December 9, 2020

Coltala Holdings is pleased to announce it has received strategic financial and deal execution support from Trive Capital, a Dallas-based, private investment firm with approximately $2 billion in aggregate capital commitments.

Coltala CEO Ralph Manning said, “The partnership will help enable Coltala to execute against its strategy to acquire high-potential companies in the lower middle market with certainty and speed. Coltala’s president Edward Crawford added, “We believe this is the ideal partnership to grow our core industry verticals of essential services, healthcare services and manufacturing, while allowing us to reinvest in our platform’s infrastructure and capability.”

Coltala looks forward to building our business with Trive Capital’s support and joint alignment around our management system, The Coltala Enterprise System™ (CES).

Trive Capital has a long and successful history partnering with talented independent sponsors. “We are thrilled to be partnering with the Coltala Holdings’ management team to be a leader in acquiring lower middle market companies,” commented Conner Searcy, Managing Partner at Trive Capital. “Ralph, Edward, and their CES team are skilled business builders, and Trive is excited to work alongside Coltala to provide both capital and operational resources to help drive value creation across a wide range of investment opportunities. Given the profile of the investments Trive and Coltala are targeting, Trive anticipates that it could deploy up to $150 million of capital through this programmatic investment program with Coltala over several years,” added Conner.

Edward Crawford, President of Coltala, added “We have truly enjoyed creating this partnership with the Trive team. Trive’s partnership and support will deliver speed to our process by leveraging their flexible capital solutions with our people-centric Coltala Enterprise System ™ (CES).”

About Coltala
Coltala Holdings is a diversified holding company where both mission and margin are given equal priority. We seek to acquire quality businesses in partnership with management that have significant opportunities for growth. We seek to unlock the full potential of each business through the deployment of the Coltala Enterprise System, a business system that utilizes time tested FORTUNE 100 best practices and tools grounded in lean management principles. Our unique structure supports our approach by enabling us to hold investments indefinitely and build businesses that become best-in-class industry leaders. This long-term perspective encourages leadership teams to make decisions that benefit all stakeholders.

For more information, please follow us on:
LinkedIn at https://www.linkedin.com/company/coltalagroup (Coltala Holdings)

About Trive
Trive Capital is a Dallas, Texas based private equity firm managing approximately $2 billion in aggregate capital commitments. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive’s targeted industry sectors and situations.

Businesses interested in joining the Coltala Family should contact Co-founders Ralph Manning and Edward Crawford at info@coltala.com

For more information, please follow Coltala Holdings on:
LinkedIn at https://www.linkedin.com/company/coltalagroup (Coltala Holdings)
Twitter at https://twitter.com/coltalagroup (Coltala Holdings)
CONTACT:
Melanie Barton, EVP
(Phone) 817-546-4600
info(at)coltala(dot)com
www.coltala.com
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MARCH 19, 2020 COLTALA HOLDINGS' TRUDELA PARTNERS COMPLETES THIRD AND FOURTH HVAC ACQUISITIONS IN THE FIRST QUARTER OF 2020

Coltala Holdings’ Trudela Partners Completes Third and Fourth HVAC Acquisitions in the First Quarter of 2020

With the acquisition of North Texas Heating and Air Conditioning, Inc. and Big Bear Air Conditioning and Heating, Trudela Partners has completed coverage of Collin, Denton, Dallas and Tarrant counties representing 75 percent of the DFW Metroplex

DALLAS-FORT WORTH, Texas (PRWEB) March 19, 2020

Coltala Holdings’ HVAC acquisition platform Trudela Partners, a leading provider of residential heating, ventilation, air conditioning, and indoor environmental filtration technology, is pleased to announce the third and fourth additions to their portfolio in just the first quarter of 2020.

With the acquisition of North Texas Heating and Air Conditioning, Inc. in Denton and Frisco-based Big Bear
Air Conditioning and Heating, Trudela now serves four counties in the Metroplex with coverage of over 75 percent of the DFW geographic footprint.

Both companies provide quality residential service, installation and replacement, and are strong legacy brands with excellent reputations in the DFW market. With the expansion of territory and technicians, Trudela can provide rapid, world-class service anywhere in Dallas – Fort Worth.

“North Texas and Big Bear afford Trudela strategic access to the growing population in the northern corridor of the Metroplex,” remarked Trudela CEO Paul Adams.

ABOUT NORTH TEXAS HEATING AND AIR CONDITIONING

North Texas Heating and Air Conditioning was founded by Rodney Preston in 1996. He attributes his company’s success to his “Golden Rule” philosophy of business. “When you treat customers as you would be treated, you inspire loyalty, generate repeat business, and get lots of referrals,” he declared. As to why Preston chose Trudela he said, “Because they share our core commitment to treating people right.”

Coltala CEO Ralph Manning commented, “It’s gratifying to see the growth in Trudela and the high-quality DFW
brands choosing to partner with us. These are truly businesses of significance.”

ABOUT BIG BEAR AIR CONDITIONING AND HEATING

Diel Rojas started Big Bear Air Conditioning and Heating in 2006 after having worked for other HVAC companies. Recognizing that “there was something missing” when dealing with customers, he set about to provide service that was “a cut above the rest.” On why Rojas chose Trudela he said, “Because I believe the Trudela team cares about the customer as much as I do.”

Former naval intelligence officer and current Coltala Holdings president Edward Crawford added, “We are privileged and honored to serve in the homes of our local community especially during this coronavirus crisis. As more Americans are working from home and sheltering in place, healthful indoor air quality has never been more important.”

ABOUT CORONAVIRUS-MITIGATING HVAC TECHNOLOGY

The Trudela HVAC companies employ a variety of whole-house filtering technologies, some of which capture pathogens as small as 0.1 microns (700 times smaller than the thickness of a human hair). While Trudela can make no claims of medical efficacy, validated tests have shown the technology to result in a greater than 99 percent reduction in airborne viruses similar to that causing Covid-19.

ABOUT TRUDELA

Trudela Partners is a DFW-based company specializing in home service repairs and maintenance. We focus on providing our customers with an exemplary customer experience through preventive maintenance and a first-time fix approach on service appointments. With over 70+ years in combined home services experience, the Trüdela Partners team is committed to operating with honesty and integrity in everything we do and treating our customers like family.

The Trudela Executive Team includes Paul S. Adams, Chief Executive Officer overseeing all areas of the company’s business including operations, sales, and marketing; Eric Shaw, COO with over 20 years of HR and operations experience in the manufacturing, retail, financial services and contracting industries; Mark Carlson, VP People and Culture with nearly 20 years of operational HR experience in building and leveraging Culture, Organizational Development, Talent Acquisition & Management, Succession Planning, Performance Management and Employee Relations.

Trudela Partners
8900 John Carpenter Freeway
Dallas, TX 75247

HVAC businesses interested in joining the Trudela team should contact Paul Adams at paul@trudela.com.

LEARN-MORE LINKS

Coltala Holdings – Building Businesses of Significance – https://coltala.com/
Trudela Partners – The Proven Home Service Professionals – http://www.trudela.com/
North Texas Heating and Air Conditioning, Inc. – Your Local HVAC Experts – https://www.nthac.com/
Big Bear Air Conditioning and Heating – Customer-centered, Up Front and Honest – https://www.bigbearair.com/

About Coltala Holdings:

Trudela is proud to be a member of the Coltala family of businesses. Coltala is committed to being conscientious
stewards of company legacies and to working with you and your team to take your company to the next level. Coltala is actively seeking potential acquisition targets that share our passion for operational excellence, continuous improvement and authentic and principled business stewardship.

Businesses interested in joining the Coltala Family should contact Co-founders Ralph Manning and Edward Crawford at info@coltala.com

For more information, please follow Coltala Holdings on:
LinkedIn at https://www.linkedin.com/company/coltalagroup (Coltala Holdings)
Twitter at https://twitter.com/coltalagroup (Coltala Holdings)

CONTACT:
Melanie Barton, EVP
(Phone) 817-546-4600
info(at)coltala(dot)com
www.coltala.com
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JANUARY 15, 2020 MOMENTUM BUILDS AS COLTALA HOLDINGS’ TRUDELA PARTNERS BUYS METRO ENERGY SAVERS

Momentum Builds as Coltala Holdings’ Trudela Partners Buys Metro Energy Savers

With their second acquisition of the new year, Trudela becomes a major provider of residential HVAC services in the DFW region

DALLAS-FORT WORTH, Texas (PRWEB) January 15, 2020

Coltala Holdings, a Mission-and-Margin-focused investment firm announced today the acquisition of 35-year-old Metro Energy Savers, via their HVAC / Home Services acquisition platform Trudela Partners. This deal represents Trudela’s second purchase in as many weeks in 2020.

Metro Energy Savers is a leading HVAC firm serving communities in the DFW Metroplex since 1987. Based in Arlington, TX, Metro Energy provides service to customers in 28 locations in Trudela’s key geographic area of Dallas-Fort Worth [1].

This acquisition, added to their Walker Heating and Air Conditioning division [2], extends service coverage to north, west, and south-west DFW. Future growth is expected from organic expansion of the two divisions and through further strategic acquisitions.

When asked why he chose Trudela, Metro Energy founder, Darrell Murphy replied, “I’ve had many offers to sell through the years, but I trust the Coltala / Trudela team. I know my company and our people are in strong, capable hands.”

PEOPLE BUILD BUSINESSES

“People matter,” declared Coltala Holdings CEO Ralph Manning. “When you take care of the employees who take care of your customers, profits follow. These businesses know this and we will continue to support this ethos.”

Coltala President Edward Crawford added, “Our culture of Mission and Margin runs through the Trudela team into every HVAC company we buy and operate. We’re excited about our acquisition of Metro Energy and look forward to continued growth in this local DFW market.”

PROVEN HOME SERVICE PROFESSIONALS

Metro Energy Savers is an established brand in their region with a book of over 6,000 service contracts. Their leader position in the industry and their strong customer base make them a perfect strategic fit for Trudela.

“The culture at Metro Energy fits squarely into the Trudela culture and we couldn’t ask for a better partner in this venture than Coltala,” commented CEO Paul Adams. “Both Ralph and Edward are experienced in mentoring leaders and building leading companies. That will be invaluable to us as we grow in operations, recruiting, and in scaling our business in DFW.”

Trudela’s Paul Adams and Eric Shaw, themselves, have a wealth of experience and a history of success in the field of home service and HVAC.

“Paul and I helped grow Service Experts both organically and inorganically. With the additions of Walker and Metro Energy to our portfolio here at Trudela, we have created a solid platform upon which to build the top HVAC service company in DFW,” stated Trudela COO Eric Shaw.

Trudela’s infusion of capital and managerial expertise on top of the solid team and loyal customer base built by Darrell and Dee Murphy is a perfect formula for financial stability and rapid growth at Metro Energy.

THE FUTURE OF METRO ENERGY SAVERS

Metro Energy Savers will continue to provide the same outstanding service to their current customer base while expanding their geographic footprint in the region. All of Metro Energy’s employees and highly-skilled technicians will retain their positions after the acquisition with more talented technicians being hired as they grow.

Dee Murphy added, “I have an extremely high comfort level with Trudela. I’m excited to be working with Paul Adams and his team. This is the right time to bring them on board as we continue to grow and serve our longtime customers in the Dallas-Fort Worth area.

Darrell and Dee Murphy have retained an interest in the business and will continue working as usual while serving as advisors to the Trudela team.

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[1] Metro Energy Savers service area includes: Fort Worth, Denton, Roanoke, Keller, Grapevine, Irving, Euless, Haltom City, Saginaw, Azie, Arlington, Grand Prairie, Duncanville, Cedar Hill, Aledo, Benbrook, Burleson, Joshua, Alvardo, Midlothian, and Mansfield

[2] Walker Heating and Air Conditioning service area includes: Carrollton, Farmers Branch, Garland, Mesquite, Plano, Richardson, Rockwall, Rowlett, Sachse, and University Park

About Coltala Holdings:

Coltala Holdings is a unique holding-company approach to private equity investing with a proven enterprise-level management system – The Coltala Enterprise System™ (CES) – that enables high-potential, small and mid-size companies to achieve optimal scale. With our deep bench of experienced industry professionals, and more than 100 years of combined experience, Coltala is well positioned to acquire and unlock the potential in family businesses and privately-held companies in the Manufacturing sector and the Consumer and Business Services sector. Coltala is committed to being a conscientious steward of your company’s legacy and to working with you and your team to take your company to the next level.

The Coltala Holdings Executive Team (alumni of Goldman Sachs, the Boston Consulting Group, The U.S. Navy, SMU, TCU, UT, TULANE, HARVARD, and MIT) have joined forces to create a new concept in private equity investing. Ralph Manning, Co-founder and Chief Executive Officer; Edward Crawford, Co-founder and President; Christine Spadafor, Co-founder and Managing Director; and Damon Baker, Managing Director and head of the CES, bring broadly diversified expertise in both for-profit and not-for-profit organizations to their portfolio companies.

For more information, please visit us at https://coltala.com or follow us on:
Twitter at https://twitter.com/coltalagroup (Coltala Holdings)
Facebook at https://www.facebook.com/coltalagroup (Coltala Holdings)
LinkedIn at https://www.linkedin.com/company/coltalagroup (Coltala Holdings)

CONTACT:
Melanie Barton, EVP
(Phone) 817-546-4600
info(at)coltala(dot)com
www.coltala.com
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JANUARY 9, 2020 COLTALA / TRUDELA BUYS WALKER HEATING AND AIR CONDITIONING

Coltala Holdings’™ Trudela Partners Buys Walker Heating and Air Conditioning, Inc.

Solid ESG Addition to the Coltala / Trudela Family of Businesses

DALLAS-FORT WORTH, Texas (PRWEB) January 9, 2020

Coltala Holdings is pleased to announce the acquisition of Walker Heating and Air Conditioning, Inc. via their HVAC / Home Services acquisition platform Trudela Partners. The deal was completed on January 2, 2020 representing the firm’s first purchase of the new year.

Walker Heating and Air Conditioning is a 57-year-old, family-operated business headquartered in Mesquite, TX serving the DFW area including: Carrollton, Farmers Branch, Garland, Mesquite, Plano, Richardson, Rockwall, Rowlett, Sachse, and The Park Cities.

The company’s founder, Ricky Walker, will continue to serve as Commercial Sales Manager. “We’ve been in HVAC since 1963 and the avalanche of new technology makes this the most exciting time in the history of this industry. Bringing Paul Adams (Trudela CEO) and his experienced partners in to run the corporate side of our business at this time makes us able to grow our customer base while expanding our offering of great new home and commercial services,” he remarked.

With their motto of ‘We Serve to Serve Again’, Walker demonstrates a keen understanding of the concept of Lifetime Customer Value (LCV) and Lifetime Referral Value (LRV) as a consequence of continued unparalleled customer service.

PEOPLE BUILD BUSINESSES

All of Walker’s technicians are approved by the Texas Department of Licensing and Regulation (TDLR), licensed by the Environmental Protection Agency (EPA), and certified as Trane Comfort Specialists. Because of the company’s reputation as a place for employees to grow and prosper, they have been able to attract the most competent technicians despite the current tight labor market.

“Our focus on people – the customer, the employee, and the investor – makes our approach unique in the private equity space,” commented Coltala president Edward Crawford.

“That philosophy of ‘people first’ filters through every company we own and operate,” added Coltala CEO Ralph Manning.

PROVEN HOME SERVICE PROFESSIONALS

Walker Heating and Air Conditioning’s multigenerational, long-term customer demographic is seen as a perfect strategic fit for Trudela. The infusion of capital and managerial expertise is expected to pay dividends exponentially.

“My experience at Service Experts has given me a keen perspective on the industry. This is the perfect stage in Walker’s growth for us to become involved,” asserted Trudela CEO Paul Adams.

THE FUTURE OF WALKER HEATING AND AIR CONDITIONING

“We’re excited to be a part of the Coltala / Trudela team and expect this combination to enable us to deliver even better products and services to our loyal customers,” Ricky Walker said.

The company will continue to operate in its current service area and will retain all of its current employees. Going forward, Walker expects to employ added liquidity in expanding its geographic footprint and making new hires as necessary.

Darrell Bevelhymer is a founding Board Partner of Coltala Holdings and a member of its Investment Committee. Most notably, Mr. Bevelhymer is a Co-founder and Director of Tenaska, Inc., one of the top 25 largest privately-held companies in the United States as well as one of the largest private, independent energy companies in the country. He currently serves as a Board Member of Agricen LLC (formerly known as Advanced Microbial Solutions, LLC). Mr. Bevelhymer has over 20 years of experience in the electric utility industry and has deep expertise in the areas of complex deal flow, deal structure, and industrial applications.

Coltala Holdings – A Unique Concept in Private Equity Investing

About Coltala Holdings:

Coltala Holdings is a unique holding-company approach to private equity investing with a proven enterprise-level management system – The Coltala Enterprise System- (CES) – that enables high-potential, small and mid-size companies to achieve optimal scale. With our deep bench of experienced industry professionals, and more than 100 years of combined experience, Coltala is well positioned to acquire and unlock the potential in family businesses and privately-held companies in the Manufacturing sector and the Consumer and Business Services sector. Coltala is committed to being a conscientious steward of your company’s legacy and to working with you and your team to take your company to the next level.

The Coltala Holdings Executive Team (alumni of Goldman Sachs, the Boston Consulting Group, The U.S. Navy, SMU, TCU, UT, TULANE, HARVARD, and MIT) have joined forces to create a new concept in private equity investing. Ralph Manning, Co-founder and Chief Executive Officer; Edward Crawford, Co-founder and President; Christine Spadafor, Co-founder and Managing Director; and Damon Baker, Managing Director and head of the CES, bring broadly diversified expertise in both for-profit and not-for-profit organizations to their portfolio companies.

For more information, please visit us at https://coltala.com or follow us on:
Twitter at https://twitter.com/coltalagroup (Coltala Holdings)
Facebook at https://www.facebook.com/coltalagroup (Coltala Holdings)
LinkedIn at https://www.linkedin.com/company/coltalagroup (Coltala Holdings)

CONTACT:
Melanie Barton, EVP
(Phone) 817-546-4600
info(at)coltala(dot)com
www.coltala.com
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JANUARY 17, 2019 COLTALA HOLDINGS CREATES POWERHOUSE TEAM

Mission-Focused Private Equity Firm Coltala Holdings Creates Powerhouse Team with Additions to Investment Committee, Coltala Enterprise System (CES), and Investment Team

Completes the Coltala Enterprise System (CES) team with addition of new head of lean management approach

DALLAS-FORT WORTH, Texas (PRWEB) January 17, 2019 — With its unique concept in private equity investing, Coltala Holdings announced today the addition of D. Scott Luttrell, CEO and Chief Investment Officer of LCM Group, to its Investment Committee; Damon Baker, CEO of Lean Focus, to head the Coltala Enterprise System (CES) lean management program; and Blaine Kaehr to their investment research team. Mr. Luttrell will serve on Coltala’s Investment Committee joining fellow Board Partner Darrell Bevelhymer, co-founder and director of Tenaska, Inc.; and Board Advisor Charles L. (Chuck) Jarvie, former President of Dr. Pepper Company and Fidelity Investments Marketing Corp. (Full bios included below.)

“These local Dallas-Fort Worth leaders bring valuable and complementary skills to the table having built and managed some of the most significant businesses in the United States,” asserted Edward J. Crawford, President and Co-Founder of Coltala Holdings. “Combined, they bring a deep bench of experience that will be available to mentor, coach, and support the businesses we acquire and manage. They’re true servant leaders who believe in making an impact on people’s lives. We will draw on their experience and values as we lead our portfolio companies to greater success and impact.”

The Coltala Enterprise System (CES)

Coltala Holdings also announced that Damon Baker will join the firm as a managing director and will head up the private equity firm’s Coltala Enterprise System (CES) which utilizes a lean management approach to maximize potential and achieve optimal scale for their portfolio companies. Mr. Baker will utilize his more than 20 years of experience in implementing lean management for prestigious companies such as Danaher Corporation, HNI, Eaton, Argo Consulting, Experian, and Winegard. He is currently the CEO of Lean Focus and holds an MBA from St. Ambrose University and a BA in Management and Marketing from Iowa Wesleyan University.

“We look forward to having Damon on board to integrate the lean management approach into our portfolio of businesses,” said Ralph Manning, Chief Executive Officer and Co-founder of Coltala Holdings. “Given his long and broad industry experience and our focus on the Manufacturing sector and the Consumer and Business Services sector, the Coltala Enterprise System serves as a solid blueprint for success in our family of businesses.”

Manning added, “We have been extremely privileged to have had the advice, counsel, and encouragement early on from industry giants including Larry Culp, Chairman and CEO of General Electric, and Art Byrne, formerly EVP of Danaher Corporation and CEO of the famed Wiremold Company. Through their decades of successful application of the Danaher Business System, these two men have largely informed and influenced the development and ethos of the Coltala Enterprise System (CES).”

CES is based on lean management principles and is suitable in application to all businesses and processes, not just lean manufacturing. It combines a customer-centric application of kaizen (continuous and never-ending improvement), the efficient layout of the gemba (the shop floor), and the process of inculcating the lean culture of commitment. The lean approach is a way of achieving optimal output and speed with low risk through constant and never-ending improvement in all facets of the enterprise.

“We’re small, which means we’re agile. We’re well capitalized, which means we’re capable and we’re experienced, which in turn means we add value to any company we buy. In a values-driven firm, that’s quite a unique blend,” explained Board Advisor Chuck Jarvie.

Investment Team

“We’re also excited to appoint the first member to our rockstar team-in-training,” quipped Ralph Manning. Blaine Kaehr will assume the role of financial analyst wherein his duties will encompass financial modeling, evaluation of acquisition prospects, and industry research in key sectors. Prior to joining Coltala Holdings, Mr. Kaehr was a financial analyst with the high-profile MillerCoors company. While there he was engaged in their brewing and packaging operations and was intimately involved in managing department budgets and leading cross-functional teams to improve waste reduction and operational efficiency. He has a BS in Finance from the University of Kansas with a concentration in entrepreneurship.

Coltala Values

Coltala believes that value is created through the embodiment of the mission-equals-margin approach by living their core values of BUILD. Coltala’s mission is massive and transformational – to have a meaningful impact not just on the bottom line, but on the lives of all those associated with the Coltala family of businesses.

Coltala Board Member Bios

D. Scott Luttrell, a founding Board Partner of Coltala Holdings, currently serves as the CEO and Chief Investment Officer of LCM Group, serves on the Board of Trustees (and is Chairman of the Investment Committee) for the $7bln YMCA Retirement Fund, and is Chairman of the Board of Advisors to North Avenue Capital and private equity firms Ballast Point Ventures and Mangrove Partners. Previously, he was a Principal and Managing Partner of the New York-based investment firm, Caxton Corp., spent 12 years on the Board of Directors of Florida Bank Group (a Federal Reserve regulated bank holding company) and 14 years on the Board of Directors of Cbeyond, Inc. (CBEY:NASDAQ). Mr. Luttrell holds a BA degree from Southern Methodist University and attended Harvard Business School’s Executive Education program in Corporate Governance.

Darrell Bevelhymer is a founding Board Partner of Coltala Holdings and a member of its Investment Committee. Most notably, Mr. Bevelhymer is a Co-founder and Director of Tenaska, Inc., one of the top 25 largest privately-held companies in the United States as well as one of the largest private, independent energy companies in the country. He currently serves as a Board Member of Agricen LLC (formerly known as Advanced Microbial Solutions, LLC). Mr. Bevelhymer has over 20 years of experience in the electric utility industry and has deep expertise in the areas of complex deal flow, deal structure, and industrial applications.

Charles L. (Chuck) Jarvie is a founding Board Advisor at Coltala Holdings. His expertise is derived from over 50 years of executive management experience with a number of iconic and highly-recognized companies. Most notable was Mr. Jarvie’s service as President of Dr. Pepper Company and Fidelity Investments Marketing Corp. In addition, he was Chief Executive Officer at Schenley Industries, Inc. and served as President/Partner of Host Communications, Inc. His accomplishments include the acquisition of Canada Dry Corporation and the sale of Schenley Industries, Host Communications and New Era Beverage Company. Mr. Jarvie also served as Chairman of J/P Management Associates, as a Director of Guinness America, Inc. and Galaxy Nutritional Foods Inc. Mr. Jarvie has served on more than 20 boards of directors over the last 20 years. He is active in his community, Cornell University affairs, and a number of national organizations including BENS (Business Executives for National Security). Mr. Jarvie holds a BS degree and an MBA from Cornell University.

Coltala Holdings – A Unique Concept in Private Equity Investing

About Coltala Holdings:

Coltala Holdings is a unique holding-company approach to private equity investing with a proven enterprise-level management system – The Coltala Enterprise System- (CES) – that enables high-potential, small and mid-size companies to achieve optimal scale. With our deep bench of experienced industry professionals, and more than 100 years of combined experience, Coltala is well positioned to acquire and unlock the potential in family businesses and privately-held companies in the Manufacturing sector and the Consumer and Business Services sector. Coltala is committed to being a conscientious steward of your company’s legacy and to working with you and your team to take your company to the next level.

The Coltala Holdings Executive Team (alumni of Goldman Sachs, the Boston Consulting Group, The U.S. Navy, SMU, TCU, UT, TULANE, HARVARD, and MIT) have joined forces to create a new concept in private equity investing. Ralph Manning, Co-founder and Chief Executive Officer; Edward Crawford, Co-founder and President; Chris Goodwin, Co-founder and Chief Operating Officer; Christine Spadafor, Co-founder and Managing Director; and Damon Baker, Managing Director and head of the CES, bring broadly diversified expertise in both for-profit and not-for-profit organizations to their portfolio companies.

For more information, please visit us at https://coltala.com or follow us on:
Twitter at https://twitter.com/coltalagroup (Coltala Holdings)
Facebook at https://www.facebook.com/coltalagroup (Coltala Holdings)
LinkedIn at https://www.linkedin.com/company/coltalagroup (Coltala Holdings)

CONTACT:
Melanie Barton, EVP
(Phone) 817-546-4600
info(at)coltala(dot)com
www.coltala.com
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JANUARY 9, 2018 THE COLTALA GROUP ESTABLISHES A DIVERSIFIED HOLDING COMPANY

The Coltala Group Establishes a Diversified Holding Company With a Unique Concept in Private Equity Investing

Creates an opportunity for family-owned and privately-held businesses to scale successfully with a proven management system.

FORT WORTH, Texas, and DALLAS, and CAMBRIDGE, Mass. (PRWEB) January 09, 2018 — The Coltala Group (“Coltala”) announced today, January 9, 2018, its formation as a diversified holding company. Coltala focuses on the acquisition of family-owned and privately-held businesses that generate $3 million – $10 million in EBITDA in the healthcare, manufacturing and branded products and services industries.

The Coltala Group exists to build businesses of significance by unlocking the potential of both human and financial capital – specifically through the employment of its Coltala Enterprise System TM (CES). The System is a unique, proven enterprise approach that enables high-potential, small and mid-size companies to achieve optimal scale.

“Our strategy is unique in that we acquire quality businesses and bring to them a level of resources and capability not generally available to companies of this size,” said Ralph Manning, co-founder and Chief Executive Officer of The Coltala Group. “Our businesses will operate autonomously, creating their own blueprint for success, but within a common culture, language and business system delivered by Coltala through our CES,” Manning added further.

In a fast-changing economic and technological landscape, Coltala works with its companies and their employees to overcome hurdles – so they reach maximum potential and achieve optimal scale. “At Coltala, we are with you every step of the way,” emphasized Manning.

“At Coltala, we live teamwork. We will be with you from the shop floor to the board room,” said Edward Crawford, co-founder and President of The Coltala Group, a Goldman Sachs alum and U.S. Navy Bronze Star recipient. Through a committed focus on teamwork and innovation, Coltala accelerates companies to be at the top of their industries. “We strive to bring honor, courage and commitment to every company we acquire,” added Crawford.

You’ve built a great business. Well done! Now it’s time to fly.

“I’m excited to partner with this high caliber team united by a common vision, grounded in shared values, and inspired by an extraordinary purpose,” stated Chris Goodwin, co-founder and Chief Operating Officer of The Coltala Group, and former Managing Director at BNP Paribas.

“The Coltala Group’s unique, disciplined approach focuses on results, as well as the professional development and advancement of its companies’ employees,” says Christine Spadafor, co-founder of The Coltala Group, Managing Director and Co-Head of the CES office, and a former partner with The Boston Consulting Group. “We encourage, value and reward innovation in our companies,” Spadafor added.

The Coltala Group is well capitalized and actively seeking potential acquisition targets that share our passion for operational excellence, continuous improvement and authentic and principled business stewardship.

About The Coltala Group:

The Coltala Group is a diversified holding company with a unique and proven enterprise system – The Coltala Enterprise System TM – that enables high-potential, small and mid-size companies to achieve optimal scale. With our deep bench of experienced industry professionals, and more than 100 years of combined experience, Coltala is well positioned to acquire and unlock the potential of family businesses and privately-held companies in the healthcare, manufacturing and branded products and services industries. We are committed to being conscientious stewards of your company’s legacy and to working with you and your team to take your company to the next level.

The Coltala Group Executive Team (alums of Goldman Sachs, The Boston Consulting Group, Harvard and MIT) have joined forces to create a new concept in private equity investing. Ralph Manning, co-founder and Chief Executive Officer; Edward Crawford, co-founder and President; Chris Goodwin, co-founder and Chief Operating Officer; and Christine Spadafor, co-founder, Managing Director and Co-Head of the CES office, bring broadly diversified expertise in both for-profit and not-for-profit sectors to their portfolio companies. For more information, please visit us at www.coltala.com, or follow us on Twitter @coltalagroup.

CONTACT:
Melanie Barton, EVP
(Phone) 817-546-4600
info(at)coltala(dot)com
www.coltala.com
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