Matthew Fleeger’s father started Gulf Coast Western, an oil and gas company, in 1970. Growing up in that sort of environment, Fleeger learned all he could about the job of business executives before heading off to college. In 1985, he graduated from Southern Methodist University with a degree in business, focusing on finance and marketing. Soon after, he embarked on what would become a successful career.
Between 1986 and 1993, Fleeger worked for several oil and gas companies throughout Texas. This included the one founded by his father, Gulf Coast Western. He also held the position of Vice President of Kinlaw Oil Company from 1990 to 1993. It was during these years Fleeger gained experience dealing with corporate structuring, debt private placement, and joint ventures.
In 1993, Fleeger went outside the world of oil and gas for his next business venture. He formed the company MedSolutions, Inc. The business specializes in the transportation, disposal, and treatment of medical wastes from hospitals and other healthcare facilities. In just a few years, MedSolutions became the regional leader in dealing with medical waste. He also expanded into other areas, including serving as a director for Palm Beach Tan, Inc., the nation’s largest chain of indoor tanning salons.
In 2007, Fleeger sold MedSolutions to Stericycle, Inc for $59 million. Following the sale, he returned to Gulf Coast Western to serve as its President and CEO. He also continues to build up his indoor tanning business. Fleeger was a founder for Mystic Tan, which has grown into the world’s largest spray on tanning service in the world. Mystic and Palm Beach Tan make a combined $100 million in profits a year.