Dallas’ newest private investment firm will hold onto companies longer than traditional funds

A new private investment firm has been spun out of Dallas’ Progress Equity and is amassing capital from local family offices to buy mid-sized companies and hold them longer than traditional funds usually can.

The company, Coltala Group, is aiming to acquire two companies per year in Texas, Louisiana and the Northeast, co-founder Edward Crawford said in an interview with the Dallas Business Journal. Coltala focusing on healthcare companies like dentist, dermatology and hospice care centers, along with branded consumer companies, manufacturing and industrial firms.

Read More at Dallas Business Journal

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