Portfolio Spotlight: Falcon Ambulance & CEO Tyler Coats

Falcon Ambulance, Torana’s first portfolio company, provides high quality medical transportation services throughout Northern California.  At the helm is Falcon’s CEO, Tyler Coats.

Formerly Tyler was the Managing Partner of Cascadian Capital. Tyler also served in the US Navy aboard the USS Henry M. Jackson, a strategic nuclear submarine, where he led over 70 personnel with overall responsibility for the operation of the nuclear reactor as Head Engineering Officer and Officer of the Deck. Tyler has an MBA from Stanford GSB and has a B.S. in Quantitative Economics and Applied Mathematics from the United States Naval Academy.

We sat down with Tyler to learn more about what drew him to Employee Ownership in the first place:

What drew you to the ambulance and emergency services space originally?

After serving in the Navy, I was drawn to healthcare because of its mission-driven and service-oriented nature. Emergency medical services, in particular, combines that sense of purpose with operational intensity, where the work directly impacts patients and healthcare systems every day.

Why does employee ownership make sense for a company like yours?

We operate in a mission-driven, critical infrastructure business where the value is created by the people delivering care. Employee ownership aligns long-term company success with the team, strengthens accountability, and helps ensure the business remains stable and focused on quality over the long term.

You recently announced and started sharing your EO plan - how was it received? Any early reactions from your employees?

The response has been positive, with a lot of thoughtful questions. Employees are interested in understanding how it works and what it means for them over time. It’s still early, but there’s clear engagement and curiosity, which we see as a strong foundation to build on.

What impact do you hope it will have on your team, culture, and long-term stability?

We see employee ownership as a way to strengthen culture, reinforce shared accountability, and create a deeper connection between the work our team does and the long-term success of the company. Over time, we believe it will support retention, stability, and continuity for both our employees and the healthcare partners we serve.