Potomac, Maryland – December 14, 2022 – Mauloa, the private investment firm built for business owners, today announced the appointment of David Flyer as the firm’s Chief Operating Officer. David joins Mauloa from BOWA, one of the leading luxury home remodeling firms in the country, where he was President and Chief Operating Officer. Mauloa has also finalized the composition of its advisory board, whose 10 members provide hands-on advice and guidance to the management teams of Mauloa portfolio companies.

“At Mauloa, we understand that business owners need more than capital to take their business to the next level—they also need access to additional expertise and connections,” said Andrew Sachs, Mauloa’s CEO. “As Mauloa’s Chief Operating Officer, David will be working intensively with our portfolio companies to help them reach their strategic goals—while keeping the owners in charge and the company culture intact.”

During David’s 19 years at BOWA, he oversaw the company’s steady transformation from a local contractor to one of the largest high-end remodeling companies in the country, approaching 100 employees and 40M in revenue. Under his leadership, BOWA moved into new geographic areas, improved processes across the company, and helped develop new offerings to capitalize on market trends. “David’s experience and track record perfectly position him to advise the management teams of Mauloa’s portfolio companies. He’s been in their shoes,” said Sachs.

Mauloa, which was recently named to Inc.’s 2022 List of Founder-Friendly Investors, is the new name of Sachs Capital, which backed more than 20 founder-led, family-owned and owner-managed companies in a range of industries since its inception in 2007. Mauloa only makes minority investments and does so without any required exit timetable. This approach means that founders stay in control and the timing of any exit or subsequent financing is based on what’s best for the company.

“Mauloa provides companies with patient, long-term capital,” said Tyler Weinberg, Mauloa’s Chief Investment Officer. “Our long-term perspective is particularly essential during periods of uncertainty and volatility. History shows time and again that these periods present unique opportunities for businesses to solidify their operations and expand their market presence—but only for those who are willing to look beyond the short-term turbulence.”

Mauloa has also finalized its Advisory Board comprising senior executives from leading companies across a range of industries. The Advisory Board provides the management teams of Mauloa portfolio companies with insight, expertise, and access to high-level professional relationships. The Mauloa Advisory Board includes:

Larry Appel is one of the country’s leading retail executives, having served as Senior Vice President, Legal at The Home Depot; Senior Vice President, Operations at Winn-Dixie—where he helped lead the 500-store grocery chain out of bankruptcy—and CEO of both Skeeter Snacks and The Fresh Market. He currently sits on the board of Flagstone Foods.

David Grissen spent more than 30 years in senior roles at Marriott International, where he led Marriott’s global expansion, oversaw lodging operations in the Americas, and was responsible for global operations at Marriott and Ritz Carlton. Grissen currently serves on several public boards, including Regis Corporation, where he is Board Chair.

Jason Lindsey was one of the early architects of e-commerce, having co-founded Overstock.com in 1999, serving at various points as the company’s President, COO, and CFO, as well as a board director. Lindsey then founded CETO Capital and now serves as a board member to many of its portfolio companies.

Kevin McCollum is an enduring icon of Broadway theater, having produced In the Heights, Avenue Q, and Rent—three musicals that not only won the Tony for Best Musical but helped define Broadway theater. McCollum also founded The Booking Group, the largest booking agency for touring plays and musicals in America.

Edwin A. Miller has 25 years of experience scaling businesses in the Cloud, AI, Data Analytics, and IT Services arena, taking them from zero to multimillion-dollar annual revenue and a roster of Fortune 500 clients. He currently serves as CEO of The Intersect Group, a staffing company focused on technology, finance, and accounting.

Phil Musser has spent his career at the intersection of communications, government, and business. He is currently Vice President and Head of Federal Government Affairs for NextEra Energy Resources and was previously Chief Communications Officer and SVP, Communications for Boeing and Chairman and CEO of IMGE, a full-service digital advertising agency.

Matt Nichols is a leader in risk management, underwriting, and insurance. He served as President of All Risks, Ltd., the fourth-largest wholesale insurance broker in the United States, and of the National Association of Professional Surplus Lines Offices (NAPSLO), the industry organization of insurance executives specializing in insuring unique, difficult-to-quantify risks.

Pamela Paladino has extensive experience helping growing companies establish and maintain best-in-class human resource functions. At the Blackstone-backed Performance Food Group, she oversaw the HR function and implemented best practices at PFG’s 65 operating companies. Today, she helps build HR departments at a range of private equity-owned small and mid-size companies.

Allison Siegel guides entrepreneurial companies to market leadership and financial success. As President of Next Day Blinds, she established the company as the dominant window-covering provider in the Mid-Atlantic. At Total Wine & More, Siegel led business, IT, and marketing initiatives which helped annual revenue increase from $200 million to $1.5 billion.

Jon Simon has implemented management principles across a range of businesses. As Chief Marketing Officer of Panurgy, he helped lead a $180 million roll-up of IT services companies with 25 offices throughout the United States. Today, he is President and CEO of Parkway Custom Drycleaning, one of the leading cleaners and restorers of fine clothing, drapery, and fabrics in the Washington, DC, area.

Mauloa, the private investment firm built for business owners, makes minority investments in founder-led, family-owned, and owner-managed companies. Mauloa’s investment philosophy centers around keeping owners in control of their companies, an open-ended investment horizon, and aligned incentives between investors and management. Mauloa, which was originally founded in 2007 as Sachs Capital, has helped more than 20 businesses across a range of industries grow with patient capital and operational and functional expertise. In 2022, Mauloa was included on Inc.’s annual Founder-Friendly Investors list. Learn more at https://www.mauloainc.com/.

Samantha Norquist, Prosek Partners for Mauloa
pro-mauloa@prosek.com

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