Potomac, Maryland–(BUSINESS WIRE)–Mauroaa private investment firm built for business owners, today announced the appointment of David Fryer as the company’s Chief Operating Officer. David joined Mauroa from BOWA, one of the nation’s leading luxury home remodeling companies, where he served as President and Chief Operating Officer. Mauloa also finalized the composition of the Advisory Board. Its 10 members provide practical advice and guidance to management teams of Mauloa’s portfolio companies.
“At Mauroa, 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.” Andrew Sachs CEO of Mauroa. “As Mauroa’s Chief Operating Officer, David will work intensively with our portfolio companies to help them achieve their strategic objectives while maintaining ownership responsibility and corporate culture.”
During David’s 19 years at BOWA, he oversaw the company’s steady transformation from a local contractor to one of the nation’s largest high-end remodeling firms, growing to 100 employees and 40 million in revenue. approached. Under his leadership, BOWA expanded into new geographies, improved processes across the company, and helped develop new products to take advantage of market trends. “David’s experience and track record puts him in the best position to advise the management teams of Mauloa’s portfolio companies. He has been in their shoes,” Sachs said.
Recently named to Inc.’s 2022 Founder-Friendly Investor List, Mauloa, the new name of Sachs Capital, has since built more than 20 founder-led, family-owned, and owner-operated companies across a variety of industries. has supported Mauloa has made only a handful of investments and does not have a required exit timetable. This approach means that the founders are in control and the timing of exits or subsequent fundraising is based on what is best for the company.
“Mauroa provides patient, long-term capital to companies. Tyler Weinberg, Chief Investment Officer of Mauroa. “Our long-term view is especially important during times of uncertainty and volatility. History has shown that these times provide companies with a unique opportunity to strengthen their operations and expand their market presence. We have repeatedly shown that we will do so, but only for companies looking beyond short-term disruptions.”
Mauloa also completed an advisory board of senior executives from leading companies in various industries. The Advisory Board provides the management teams of Mauroa’s portfolio companies with access to insight, expertise and a high degree of professional relationships. The Mauroa Advisory Board includes:
Larry Appel He is one of the nation’s leading retail executives, having previously served as Senior Vice President of Legal at The Home Depot. He has served as SVP of Operations at Winn-Dixie (where he helped save a 500-store grocery chain from bankruptcy) and as CEO of both Skeeter Snacks and The Fresh Market. He currently serves on the Board of Directors of Flagstone Foods.
David Grissen He spent more than 30 years in senior positions at Marriott International, where he led Marriott’s global expansion, oversaw lodging operations in the Americas, and was responsible for global operations for Marriott and the Ritz-Carlton. Grissen currently serves on several public boards, including Regis Corporation, where he is chairman of the board.
Jason Lindsey He was one of the early architects of e-commerce, co-founding Overstock.com in 1999, where he served as president, COO, CFO and board member. Lindsey then founded CETO Capital, where he currently serves on the board of many of its portfolio companies.
Kevin McCallum A timeless icon of Broadway theater, at the heights, Avenue QWhen rent— Three musicals that not only won the Tony Award for Best Musical, but also helped define Broadway theater. McCallum also founded The Booking Group, the largest booking agency for touring theater and musicals in the United States.
Edwin A. Miller has 25 years of experience scaling businesses in cloud, AI, data analytics, and IT services, taking annual revenues from zero to millions of dollars and winning a roster of Fortune 500 clients. He is currently CEO of The Intersect Group, a staffing firm focused on technology, finance and accounting.
Phil Masser He has spent his career at the intersection of communications, government, and business. He is currently vice president and head of federal affairs at NextEra Energy Resources and was previously chief communications officer and senior vice president of communications at Boeing, a full-service digital advertising agency. was chairman and CEO.
Matt Nichols is a leader in risk management, underwriting and insurance. He served as President of All Risks, Ltd., his fourth largest wholesale insurance broker in the United States, and is also a member of the National Association of Professionals, a trade association of insurance executives specializing in the insurance of unique and difficult insurances. Served as President of Surplus Lines Offices (NAPSLO). Quantify risk.
Pamela Palladino He has extensive experience helping growing companies establish and maintain best-in-class HR functions. At Blackstone-backed Performance Food Group, she oversaw the Human Resources function and implemented best practices across her 65 operating companies at PFG. Currently, she helps build HR departments at various private equity-owned small businesses.
Alison Siegel Leading entrepreneurial companies to market leadership and economic success. Next Her Day As president of Her Blinds, she has established the company as her provider of leading window coverings in the Mid-Atlantic. At Total Wine & More, Siegel led business, IT, and marketing her initiatives that increased annual revenue from her $200 million to her $1.5 billion.
John Simon We have implemented management principles across our various businesses. As Chief Marketing Officer of Panurgy, he led the rollup of the $180 million IT services company with his 25 offices across the United States. Today, he is President and CEO of Parkway Custom Drycleaning, one of the leading cleaners and restorers of fine clothing, drapes and fabrics in the Washington, DC area.
A private investment firm built for business owners, Mauloa makes minority investments in founder-led, family-owned and owner-controlled companies. Mauloa’s investment philosophy centers around giving owners control over the company, an unlimited investment period, and coordinating incentives between investors and management. Founded in 2007 as Sachs Capital, Mauloa has helped over 20 companies in a variety of industries grow with its patient capital and operational and functional expertise. In 2022, Mauloa was included on Inc.’s annual founder-friendly investor list. For more information, please visit https://www.mauloainc.com/.