Koa Capital Partners is managed by Dustin Sellers and Chris Eldridge. Both tenured entrepreneurs in their own-right, their vision for Koa is to preserve and enhance the small-to-medium business community in Hawai‘i. Through an on-island investment focus, these Kama‘aina can revitalize local companies with growth capital, new talent and savvy business strategy.
Unlike mainland capital, Chris and Dustin look to keep their portfolio companies owned and operated by people dedicated to the communities they serve. By bringing the sophistication of a mainland investment firm together with a strong commitment to Hawai‘i, Koa enhances, enriches and elevates the local business community at large while increasing the value of its investments.
“Their vision for Koa is to preserve and enhance the small-to-medium business community in Hawai‘i. Through an on-island investment focus, these Kama‘aina can revitalize local companies with growth capital, new talent and savvy business strategy.”
- Managing Partner
A passionate entrepreneur and loyal kama‘aina, Dustin Sellers most recently served as owner and president for ProService Hawaii. With more than 20 years of senior level management experience, he was responsible for business development, marketing and client service for the state’s largest employee administration firm. Under his management, ProService grew from a fledgling company of 13M in annual revenue to 120M with close to 20,000 client employees supported.
Prior to purchasing ProService Hawaii, Sellers served as general manager for Ingenio/Keen, Inc. a start-up e-commerce company in San Francisco. While there, he oversaw all aspects of key revenue producing categories for the $90-million company, growing the business 3 fold during his tenure as general manager and overseeing the sale to AT&T Solutions.
Before that, he worked as a senior manager for the boutique growth strategy consulting group Potomac Partners in Los Angeles and manager for the corporate strategy arm of Braxton Associates/Deloitte Consulting in Los Angeles and Chicago.
In addition, Sellers previously worked for the family business, Sellers Advertising, in Honolulu. As director of account service and new business development, he managed client account teams for Outrigger Hotels Hawaii, Victoria Ward, Westin Hotels, Meadow Gold Dairies, Avis Rent-A-Car and Burger King.
Born and raised in Honolulu, Sellers is a graduate of Punahou School. He earned a bachelor’s degree in business administration from the University of Southern California and a master’s degree in business administration from the Kellogg Graduate School of Management at Northwestern University.
Sellers serves as a trustee for The Nature Conservancy of Hawaii and is an active board member of the GIFT Foundation, Ahahui Koa Anuenue (UH Athletics Fundraising), PACE (Pacific Asian Center for Entrepreneurship) and outgoing Chapter Chair of YPO (Young Presidents Organization). He is past chairman of the board of Big Brothers Big Sisters Hawaii and board member of The Boy Scout's Aloha Council.
Sellers resides in Hawai‘i.Close
- Managing Operater
Chris Eldridge has twenty plus years of successful entrepreneurial, start-up and management experience in Hawai‘i having founded and sold four companies including America’s Mattress Hawaii, PortaBox Storage and FileMinders.
Most recently, he was President of America’s Mattress Hawaii which he started in 1996. America’s Mattress became the largest sleep shop chain in Hawai‘i and was recognized as one of “Hawai‘i’s Best Places to Work.” The company was sold to Sleep Train, Inc. in April of 2014.
Eldridge’s extensive business and investment experience with the small business community in Hawaii makes him an invaluable resource for deal sourcing and connectivity with prospective portfolio companies.
In 1996 Eldridge founded Mattress Team, LLC, which later became America’s Mattress Hawaii, out of a small warehouse/showroom in Honolulu where he was the sales person, bookkeeper and delivery driver. Over the next 15 years he expanded the operation statewide creating Hawai‘i’s largest sleep shop chain with over sixty employees and ten locations. Sleep Train, Inc. acquired the company in April of 2014.
In 2001, Eldridge founded PortaBox Storage which offered transportable self storage to residential and business customers. He later expanded into the document record storage and management business and merged with FileMinders to become Hawai‘i’s largest mobile storage and record and data management company. It was Eldridge’s extensive local network and knowledge that is credited with the robust growth FileMinders experience under his leadership. This entity was sold to Access Records in 2005 and is presently owned by Summit Capital who has taken the platform international.
Additionally, Eldridge is a partner in Aina Koa Pono, a cutting edge clean energy initiative to produce transportation fuel in Hawaii from energy crops.
Eldridge has been embedded in the non-profit sector in the islands almost since he returned from the mainland, having an extensive list of boards and advisory roles served over the last 20 years. Presently he serves on the Board of Directors for Kapiolani Medical Center for Women & Children, as well as on advisory boards for several local private companies. He is also a member of The Nature Conservancy of Hawaii’s Corporate Council for the Environment and a member of the Young Presidents’ Organization (YPO). Eldridge attended Punahou School on Oahu and earned a BA in Economics and Business from Boston University.
Eldridge, his wife and two young children reside in Honolulu.Close
Accel Event Rentals expands to Neighbor Islands with New Acquisition
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Accel Event Rentals acquires Waipahu event rental company — Pacific Business News
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This is "2018 Kamaaina Business Success Stories" by Dirk Fukushima on Vimeo...Watch Video
Kamaaina Business Success Stories: Koa Capital
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New Hire — Riley Stormont
Riley was born and raised on Hawaii Island and graduated from Kamehameha Schools Hawaii in 2011. From there, he studied at Linfield College in Oregon and earned a bachelor’s degree in Finance with minors in Economics and Mathematics. Prior to joining Koa in early 2018, he worked as a Senior Equity Research Associate at D.A. Davidson & Co., a national financial services company. As part of a larger Equity Capital Markets team that provided proprietary research on over 300 companies, he supported two Senior Analysts covering the regional community bank sector. Riley will assist Koa Capital Partners in the evaluation of potential investments and in tracking the performance and growth of new and existing portfolio companies.
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Premier Restoration Hawaii Purchases Can Clean Hawaii to Support Expanding Presence on Oahu.
HONOLULU (November 6, 2017)— Premier Restoration Hawaii, Hawaii’s leading restoration company, has acquired Can Clean Hawaii, a 30+ year Kama’aina Oahu-based business specializing in water mitigation.Read More
Premier Restoration Hawai‘i Cracks Hawaii Business Magazine's Top 250 One Year After Launching on Oahu.
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Koa Capital Partners Invests in Event Rentals Company
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Large Hawaii restoration firm moves headquarters
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Join the Movement visits Good Morning Hawaii
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Koa Capital purchases Maui Fire & Flood
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What Fuels Hawai‘i’s Deal Flow
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New franchise gets the bugs out: Chason Ishii joins Koa Capital Partners to head Green Home Solutions
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Portfolio company Blake Entertainment
How I…Sashayed into the corporate events business
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New Hire — Spencer Mawhar
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Dustin Sellers, Chris Eldridge start Hawai‘i private equity investment firm
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