Ohio investment firm relocates headquarters to Sarasota

SARASOTA — Nickolas, a privately owned and operated family office with some 30 employees, has relocated its headquarters from Ohio to Sarasota.

The firm, run by CEO Nick Reinhart, moved from Findlay, Ohio, south of Toledo, to an office at 55 South Palm Ave. in downtown Sarasota, according to a statement. The 11,000-square-foot space was recently renovated, the release adds. A company spokesperson says the company has 20-30 employees.

While Nickolas will maintain a strong presence in Ohio, where it manages a number of major investments, officials say the firm will expand its footprint in Sarasota and nationwide.

“Because of our ability to connect digitally, and our use of state-of-the-art technology and systems-based management, we live in an age where you can work from anywhere,” Reinhart says in the statement. “We looked at a lot of possibilities, and chose to invest in Sarasota. The growth, culture, energy and vibrancy of the city make it a great place to live, work  and play. It’s very exciting for us.”

Nickolas’ investments are focused on real estate, creative branding, product development and manufacturing, according to the firm’s website. Its investments include American Plastics, a St. Louis-based designer and manufacturer of plastic-injection molded products for the household and garage storage and commercial cleaning end-markets, and FMT, a plastic injection molding firm with experience in consumer goods, agricultural products, appliances and automotive parts manufacturing.