Alec is based out of South Carolina and sells businesses Nationwide. He brings over 30 years of Management, Leadership, and Entrepreneurial experience. Throughout his career, he has bought and sold numerous companies as an Independent Sponsor, as an insider in Private Equity, and in large corporations that acquired strategic businesses. His unique background will give Sellers valuable insight into the buyer’s psyche of these three important acquiring groups.
Alec has valuable experience as an executive partner at Salt Creek Private Equity. Previously, Alec was the President & CEO of TRAK Health, a privately held holding company with multiple health and e-commerce businesses. During his time with TRAK Health, Alec led the acquisition of three businesses. One of the businesses, Nutricity, a health and wellness e-commerce operation, was recognized as one of the INC5000 fastest-growing companies in 2014 and 2015. Nutricity was later sold in 2017. He grew another business, Healthy Feet Store, doubling sales and improving profitability by over 6 times. Before his time with TRAK Health, Alec spent most of his career in the medical device industry. He led the strategy development and execution at Bard Electrophysiology and Haemonetics, a blood management company. His role as the Vice President of Strategic Global Marketing at both companies allowed him to scratch that entrepreneurial itch but in a large corporate environment. His role allowed him to set the division strategy, gain buy-in, and lead an organization to execute the vision through acquisition, internal product launches, and execution.
Alec has always had an entrepreneurial mindset from his early days at the University of Southern California as the President of the Entrepreneur and Venture Management Association. Alec has a Bachelor of Science in Mechanical Engineering from California State University, Chico, and a Master’s in Business Administration from the University of Southern California. In his free time, he enjoys spending time with his family and traveling the world, and he is an avid downhill skier and golfer.
The towing company operates in the greater Atlanta, Chattanooga and Nashville areas. Founded in 2009 and based in Tennessee, the company owns 24 tow truck vehicles. The vehicles are valued at $1.8M and are included in the sale price of the business. Currently, the business holds 14 vendor codes that covers 60+ zip codes in Chattanooga area, 30+ in Nashville area and 100+ in the Atlanta area.
The business also has a gated two acre lot with a 4000 square foot building that includes both office and warehouse space. The real estate can be purchased with the business or leased from the owner.
This business has an accepted offer. Please view our other Healthcare Companies for sale.
The behavioral mental health practice focuses on Testing AND Therapy. The testing is considered the “gold standard” for neuropsychological testing in this region (Northern Virginia / DC metro / Southern Maryland). The approach with families is personalized, thorough, and compassionate. All testing is done by doctoral level psychologists (PhD/PsyD) and no trainees. The practice takes a comprehensive approach to not just identify a diagnosis but understand the child from a 360 global point of view to capture cognitive, academic, emotional, personality, family strengths and weaknesses. Parents often call this testing a pivotal point in their child’s trajectory.
The medical practice primarily serves school aged children, which makes up 80% of their client population. 15% are adult patients and 5% are preschoolers. The primary diagnosis breakdown includes 60% Learning Disabilities / ADHD, 30% Anxiety / Mood, and 10% Autism Spectrum.
The breakdown between testing revenue and therapy revenue is 85% and 15%, respectively.
Over 90% of payment is made through out-of-pocket cash payments and the remaining 10% are funded through school systems. The business is primarily cash with no invoicing and no insurance.
