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Fred Pettijohn, CEO of Allvia [Photo: LinkedIn]<\/p>\n
Dallas-based private equity firm Trinity Hunt Partners has formed Allvia, a workforce services platform designed to provide scalable HR and benefits services across the full employee lifecycle.<\/strong><\/p>\n Allvia was formed through Trinity Hunt\u2019s investment in San Jose-based Melita Group, a human resources, benefits administration, and payroll provider. Trinity Hunt said that Allvia\u2019s goal is to build a market-leading workforce services platform that unites hands-on expertise with scalable solutions to help employers better support their people and strengthen their businesses.<\/p>\n Fred Pettijohn, an experienced executive and investor who partnered with Trinity Hunt through its Exec+ program, has been named chief executive officer of Allvia.<\/p>\n \u201cMelita has earned a strong reputation for helping clients address their most complex workforce challenges,\u201d Pettijohn said in a statement.<\/p>\n \u201cAs employers face growing pressure to control costs, stay compliant, and deliver great employee experiences, we see a clear opportunity to build a market-leading platform that pairs deep expertise with the scale needed to help businesses succeed,\u201d Pettijohn added. \u201cTrinity Hunt\u2019s collaborative approach and commitment to culture align perfectly with our values as we build this platform.\u201d<\/p>\n Trinity Hunt said it will support Allvia with the strategic, operational, and financial expertise needed to boost growth through focused organic initiatives and additional partnerships.<\/p>\n \u201cWe\u2019re excited to partner with Fred and the Melita team as we work to establish Allvia as an industry leader,\u201d said John Oakes, partner at Trinity Hunt Partners. \u201cWe look forward to supporting Allvia\u2019s growth through additional partnerships with like-minded companies that expand the platform\u2019s geographic footprint and service capabilities.\u201d<\/p>\n Kirkland & Ellis LLP served as legal advisor to Trinity Hunt Partners.<\/p>\n It\u2019s been a busy season for Trinity Hunt Partners. A year ago, the firm made majority investments in two companies, Craft and Verndale,<\/a> to establish a full-service digital customer experience (CX) services platform, Last summer, the company launched a a new national HVAC distribution platform,<\/a> following a majority investment in Illinois-based Blackhawk Supply, a specialty distributor of HVAC parts and equipment.<\/p>\n Trinity Hunt Partners has more than $2 billion of assets under management focused on building leading business, healthcare, and consumer services companies.<\/p>\n Don\u2019t miss what\u2019s next. Subscribe\u00a0to\u00a0Dallas\u00a0Innovates.<\/p>\n Track Dallas-Fort Worth\u2019s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.<\/p>\n \u00a0<\/p>\n \tR E A D\u00a0\u00a0 N E X T\t<\/p>\n A familiar figure in Dallas arts, civic innovation, and public service, Cuellar will succeed longtime CEO Tony Fleo following a months-long search as Social Venture Partners Dallas plans its next 25 years.<\/p>\n<\/li>\n Circular Services said the facility will serve as a “circularity campus,” able to house a variety of material management services for municipal and commercial customers in McKinney, Frisco, and surrounding communities.<\/p>\n<\/li>\n A spinout from Dallas’ Hunt Innovative Technologies, WATTER’s high-tech water heaters enable cloud computing to “generate revenue while heating your water, delivering net zero computing.” The solution aims to reduce demand on the grid while “bringing economic value to homeowners and businesses alike.”<\/p>\n<\/li>\n The Dallas-based private equity firm tapped two seasoned acquisition executives to lead the Illinois-based distributor\u2019s next phase of growth. Also in July: A second foundational investment, representing a platform launch in commercial paving.<\/p>\n<\/li>\n Dallas biotech GenrAb is developing an antibody therapy that aims to protect brain cells under stress\u2014the kind of damage that leads to disability in diseases like MS and ALS. The therapy, found in the spinal fluid of real patients, is now showing promise in animal models and moving toward human trials.<\/p>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"Fred Pettijohn, CEO of Allvia [Photo: LinkedIn] Dallas-based private equity firm Trinity Hunt Partners has formed Allvia, a…\n","protected":false},"author":3,"featured_media":585886,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[5135],"tags":[253761,5229,1596,253762,253763,253764,253765,253766,253767,253768,358,96986,3187,67,586,132,5230,68,2969,253769],"class_list":["post-585885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-dallas","tag-allvia","tag-america","tag-dallas","tag-fred-pettijohn","tag-hr-and-benefits-services","tag-human-resources-management","tag-john-oakes","tag-melita","tag-melita-group","tag-payroll-administration","tag-texas","tag-trinity-hunt-partners","tag-tx","tag-united-states","tag-united-states-of-america","tag-unitedstates","tag-unitedstatesofamerica","tag-us","tag-usa","tag-workforce-services-platform"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/116060628690976867","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/585885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=585885"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/585885\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/585886"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=585885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=585885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=585885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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