Milstead Corporation: A Diversified Portfolio of Businesses
Milstead Corporation is a privately held investment company that provides capital and strategic guidance to a diverse portfolio of businesses. The company focuses on investing in and growing companies in a variety of industries, including automotive, environmental, farming, fintech, and real estate. Milstead Corporation takes a long-term approach to investing, preferring to establish and grow its companies organically. The company also engages in strategic mergers and acquisitions when necessary.
History
Milstead Corporation was founded by Mark Milstead, who has a long history in the automotive business. Mark’s passion for the automotive industry began in his childhood, and he has been involved in various aspects of the business throughout his career. He is joined by his wife, Stephanie Milstead, who brings her expertise in marketing and administration to the company. Their son, Andrew Milstead, serves as the CEO of Milstead Corporation, leading the company’s overall strategy and operations.
Investment Strategy
Milstead Corporation’s investment strategy focuses on providing flexible solutions to its portfolio companies. The company invests in existing companies, acquires emerging companies, and creates new businesses to address identified needs or services. Milstead Corporation prioritizes investments in companies with high EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) and attractive growth potential. The company is open to opportunities across various industries but focuses on those where its leadership team has deep experience and strong networks.
Portfolio Companies
Milstead Corporation’s portfolio includes a diverse range of companies across different sectors. Some of the notable companies in its portfolio include:
Milstead HMR
Milstead HMR is a large-scale environmental response organization that was created to meet the needs of customers. The company has evolved into a leading provider of environmental services.
Masters ARS
Masters ARS is a well-established emergency response hazmat company in the Southeast Texas region. The company holds numerous state and municipal contracts, demonstrating its expertise and reliability in handling hazardous materials.
Milstead Service Center
Milstead Service Center is a prominent auto, truck, and RV service provider in Conroe, Texas. The center offers a wide range of services, including maintenance, repairs, and roadside assistance.
SaleQuick
SaleQuick is a leading payment software company that serves merchants across the United States. The company provides innovative payment solutions to streamline transactions and improve efficiency for businesses.
Leadership Team
Milstead Corporation’s leadership team comprises experienced professionals with diverse backgrounds and expertise. The team is committed to providing strategic guidance and support to the portfolio companies, fostering their growth and success. The leadership team includes:
Andrew Milstead
CEO of Milstead Corporation, Andrew Milstead leads the company’s overall strategy and operations. He brings his expertise in business development and technology to drive the growth of the portfolio companies.
Skip Downham
CRO of Milstead Corporation, Skip Downham is responsible for the company’s revenue generation and sales strategies. He works closely with the portfolio companies to develop and implement effective sales plans.
Michelle Sprayberry
Controller of Milstead Corporation, Michelle Sprayberry oversees the company’s financial operations and accounting functions. She ensures the financial health and stability of the portfolio companies.
Commitment to Community
Milstead Corporation is committed to giving back to the community and supporting various charitable initiatives. The company believes in making a positive impact beyond its business operations.
Conclusion
Milstead Corporation is a dynamic investment company with a diversified portfolio of businesses. The company’s long-term approach, strategic guidance, and commitment to community make it a valuable partner for its portfolio companies. With a strong leadership team and a focus on growth, Milstead Corporation is well-positioned for continued success in the years to come.
