David Beale

Mr. Beale was the founder of Vantas Business Centers.
From a single location in Washington, DC in 1992 to over 200 locations at the time of the merger with HQ, Mr. Beale produced exponential growth in revenues and profits.
In 1996, he raised institutional capital (ultimately more than $30 million of Private Equity and $180 million of Debt) to implement a growth strategy to consolidate the industry.
Growing the business, at that time, from approximately $12 million in revenue and $1 million in EBITDA to over $240 million in run rate revenue and approximately $46 million in adjusted run rate EBITDA, Mr. Beale completed 28 acquisitions over a three-year period.
Mr. Beale has extensive experience in multi-site business-to-business service companies, with a proven track record of value creation through building highly motivated teams, generating fundamental strategic and cultural change and delivering the numbers by combining vision and pragmatism.
Mr. Beale was previously a Founder of College Planning Solutions and was a sales representative with Bristol Meyers.
He graduated magna cum laude in 1982 from C.W.
Post College with a degree in Marketing and Management.
Mr. Beale is a member of the Young President's Organization.