Who Is Matthew Fleeger? How the Gulf Coast Western CEO Went From Entrepreneur to Oil Tycoon
Who Is Matthew Fleeger? How the Gulf Coast Western CEO Went From Entrepreneur to Oil Tycoon
The apple didn’t fall far from the tree. When Thomas H. Fleeger founded Gulf Coast Western in 1970, he’d soon have an heir apparent to the family business in son Matthew Fleeger. The littlest Fleeger watched as Thomas led Gulf Coast Western through its early days with a focus on earnest, hard work.
Matthew Fleeger’s Early Business Ventures
Fleeger founded the medical waste management company MedSolutions, leading it to extraordinary success and profitability from 1993 to 2007. As the commercial tanning industry rose to consumer prominence in the late 1990s, Matthew Fleeger acquired two startup tanning businesses that ultimately approached $100 million in revenue under his management. The first of these acquisitions, Palm Beach Tan, became one of the most profitable indoor tanning bed franchises in the United States. The second, Mystic Tan, became the biggest spray-on tanning booth franchise in the world.
Returning to His Roots
Complicating these issues were gas shortages, rapid technological developments, and uncertain economic times. For his part, Matthew Fleeger led Gulf Coast Western to reduce corporate overhead, adopt new technologies, improve operational efficiency and cost-effectiveness, adapt to changing global energy consumption patterns, and invest in key prospects such as Orbit Energy Partners. As a result of Matthew Fleeger’s dramatic administrative, operational, and strategic company overhaul, Gulf Coast Western grew in reach and profitability.
Today, Gulf Coast Western stands head and shoulders above the majority of its oil and gas industry competitors by maintaining an A+ grade and a five-star rating from the Better Business Bureau. As one of its clients recently wrote, “Under the active and responsible leadership of Matthew Fleeger, every joint venture has been conducted with both engineering and fiscal rigor with an active risk management protocol.”
From the Lone Star State to the Centennial State
Under Matthew Fleeger, Gulf Coast Western, a leader in oil and gas exploration, continues to flourish with operations in Texas, Oklahoma, Louisiana, Mississippi, and Colorado-the latter, a place where Fleeger made headlines for his history-making real estate moves.
Along with his wife, Candee, he recently remodeled his mountain-style stone home in Vail, Colorado.
That led the Fleegers to spend roughly $7 million on renovations to the property. The result? A six-bedroom estate that spans 11,000 square feet and features spacious, open-plan living rooms, floor-to-ceiling windows that open onto terraces, and various outdoor living areas, including a new swimming pool with a poolside bar. A prudent investor through and through, Matthew Fleeger significantly boosted the property’s overall value just one year after purchasing it through this extensive redesign and rebuild. Fleeger listed the property for $32 million-making it one of the most expensive listings ever to hit Vail’s exclusive real estate market.
Originally published at https://beforeitsnews.com on September 23, 2021.
