The first weeks of 2018 saw a new player in Dallas’ private equity space. Newcomer The Coltala Group derives its name from the word “colt,” representing “the stage of development where a male horse is at its fastest,” combined with the Latin word “ala,” meaning wings.
The company’s ideology also combines two ideas: something original mixed with a more familiar business formula. “Our strategy is unique,” says Coltala CEO and co-founder Ralph Manning, a former partner and founder at Dallas-based Progress Equity Partners. “We acquire quality businesses and bring them a level of resources and capability not generally available to small and middle-market companies.”