United States, California, Los Angeles - 11-23-2020 (PR Distribution™) -
LOS ANGELES, CA — Emerald Textiles (“Emerald” or the “Company”), a portfolio company of Los Angeles-based private investment firms Pacific Avenue Capital Partners, LLC (“Pacific Avenue”) and Highland Avenue Funds, LLC (“Highland”) announced that Andrew (“Andy”) Kratky has joined the executive management team and was appointed President of California.
“We are excited to have Andy join the Emerald team. Andy has a proven track record of success and has established deep relationships in the healthcare services industry”, said Chris Sznewajs, Chairmen of the Board of Directors of Emerald Textiles and Managing Partner & Founder of Pacific Avenue Capital Partners. “We believe Andy’s strong business sense and collaborative approach make him the ideal candidate to capitalize on opportunities to bolster both Emerald’s operations and customer relationships.”
Prior to Emerald, Mr. Kratky served as the Chief Revenue Officer for Angelica, a national provider of healthcare linen and medical laundry services, where he presided over all sales, marketing, and business development activity. Prior to taking on the CRO role, Mr. Kratky served as Senior Vice President of Procurement & Supply Chain at Angelica. Before joining Angelica, Mr. Kratky held various senior positions in sales, marketing, and supply chain at UCI International and Navistar, Inc.
“I am very excited to join Emerald Textiles. The ownership group and management team at Emerald has shown an incredible commitment to their employees and to providing best in class service to their customers,” said Andrew Kratky. “With new facilities, new equipment, and an outstanding team, Emerald is well positioned in the market. The continued focus on growth opportunities both organically and through M&A acquisitions will further enhance that position. It is my pleasure to join this exceptional management team and continue scaling the organization.”
Mr. Kratky holds a B.A. degree in Business Administration from Lewis University.
About Pacific Avenue Capital Partners
Pacific Avenue Capital Partners, founded by Chris Sznewajs, is a Los Angeles-based private investment firm. Pacific Avenue, in conjunction with its operating executives, partners with strong management teams to assist businesses in unlocking value and reaching their full potential. Pacific Avenue seeks to execute highly strategic add-on acquisitions, operational improvements, and organic growth. For more information, please visit www.pacificavenuecapital.com.
About Highland Avenue Capital Partners
Highland Avenue Capital Partners, founded by Chris Bryan, is a Los Angeles-based private investment firm with deep expertise in operations and growth enhancement in the middle market. Highland Avenue acquires controlling interests in businesses across multiple industries including specialty distribution, healthcare services and business services. For more information, please visit www.highlandavefunds.com.
About Emerald Textiles
Emerald Textiles is the leading industrial healthcare laundry and linen service business on the West Coast. Emerald Textiles was created through the combination of Emerald Textiles and Encore Textile Services in July 2018. The company has facilities in Los Angeles, Livingston, San Diego, and Turlock, CA as well as Reno, NV and Saint George, UT. For more information, please visit www.emeraldus.com.
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