KAB Successes

  KAB has, time and time again, raised multi-million dollar corporations from their infancy. KAB's multi-industrious background allows a wide spectrum of fields from which to bring in know-how, resources and skilled personnel. KAB's track record includes:

Rent-A-Wreck
of America

KAB was approached by the board of directors of Rent-A-Wreck of America, Inc. to take over executive management of the venerable yet financially troubled used car rental company in 1992.  KAB provided a capital infusion and set in motion a plan to retool and upgrade communication infrastructure, modernize the accounting procedures, and implement a new marketing plan.  KAB developed a new product, Pricele$$ Rent-A-Car,  sold into its existing base of franchised locations.  In 1994 KAB launched an industry leading website that has evolved into a revenue and information source for Rent-A-Wreck franchises, and in 1997 KAB formulated a captive insurance program for its franchisees.  Twelve years later Rent-A-Wreck of America has been recognized by Equities Magazine as one of the most profitable publicly traded companies.  Disciplined fiscal practices and a multi-layered analytical approach have provided the framework for a successful management partnership for the company, now in its thirtieth year.

Avesis, Inc.

The Board of Directors of AVESIS, a mature, public company in business for over 12 years, approached KAB with hopes of improving performance.  KAB invested capital to give the company some breathing space, and to fund innovations and upgrades in infrastructure.  Innovations to AVESIS resulted in new products and a shift in principal product offerings.  As a result of KAB’s analysis, a discount prescription card evolved into a full-fledged insurance company, now the fifth largest in the country, affiliated at the state level with several Blue Cross and Blue Shield companies.  Now partners for over 12 years, KAB and AVESIS represent a long-term mutually beneficial strategic partnership.

Health Enterprises

ABIS, Inc.

KAB purchased a failing laser printing and direct mail company over 10 years ago, invested capital and turnaround expertise and created American Business Information Systems.  With KAB’s management and marketing skills, ABIS became profitable and adapted with the everchanging marketplace to become one of the most dynamic direct marketing companies on the East Coast.   KAB continues its relationship as executive management as ABIS continues to provide services to the insurance, advertising, financial, manufacturing and healthcare industries, as well as non-profit organizations

National Computer Services

Created over 20 years ago by KAB executive management to meet the need for computerized centralization of services, products and customer bases.  Identifying the need for facilities management, NCS was a pioneer in this area and continued to expand its expertise from primarily an IBM mid-range solutions company to one that offers a variety of services utilized nationally.   With KAB guiding a growing company exploring its diverse skills, a hospital scheduling system was created and, today, NCS’ clients continue to benefit from hospital scheduling, centralized medical claims administration and management, eligibility banks, software development, web development, database design and management, consulting and time sharing. 

The Cartridge Depot

Mail RX

KAB became involved with Mail RX in 1990 in a turnaround management capacity. Starting with sales of 1 million per year, KAB was able to expand Mail RX before its sale in 1993 when its sales were 14 million per year.

United Health Maintenance

Started in 1972, KAB became involved with United Heath Maintenance in the role of executive management.  The core product offered was preventative health screening, using an innovative mobile process that made it an efficient and attractive product for extended care services, and is still in operation 35 years later with annual sales of over 10 million.

United Optical

KAB became involved with United Optical with the goal of managing an established business during a period of business model shifting growth.  Starting in Georgia with a vision care program developed for labor unions, KAB guided United Optical into a phase of growth and industry leadership.  The first priority was moving all of the computerized operations in-house, instantly eliminating a high dollar cost center.  Further adapting to market conditions, KAB and United Optical began producing their own glasses, and further expanded their product base with the launch of a dental care division, which was sold into the existing customer base. Further industry leading innovations included a prescription drug card management system, a forty chair dental facility in Houston, TX, and a utilization review process that negotiated rates between unions and hospitals and established cost controls and standardized pricing. These additional product offerings which sold into the existing customer base, led to growth in sales to 40 million dollars at the time that the business was sold to its employees.