Dallas, TX Coltala Holdings has closed the investment of Pond Robinson & Associates, L.P. (“PR&A") 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, PR&A 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.
PR&A has 42 employees and is headquartered in Dallas, with additional offices in Atlanta, Tampa, and Houston, 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 PR&A post-closing and Alan Pond, a founding member will continue to stay on as an advisor and investor.
The PR&A 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.
Raybon said, “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.”
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.”
Pond said, “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, 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.
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