On Oct. 24, Fort Worth-based holding company Coltala Holdings announced a majority investment in Pond, Robinson and Associates, L.P., located at 2591 Dallas Parkway, Ste. 500, in Frisco. The company, formed in 1998, provides independent engineering and construction consulting, according to its website. The company has 42 employees with additional offices in Atlanta; Houston; and Tampa, Florida, according to a Coltala news release.
Edward Crawford, co-founder and co-CEO of Coltala Holdings, said the firm was attracted to the company because of the team and what they heard from clients. The company’s ability to train and deliver their services to the market was “incredible,” he said.
Michael Raybon—president and managing principal at Pond, Robinson and Associates—and principal Mark Petersen will continue to lead the company, according to the news release. There will not be a transition period as the company looks to continue growing, Raybon said. It was important to maintain the company’s processes and allow for organic growth, he said.
972-732-6400. www.pondrobinson.com
