(1888PressRelease)
October 01, 2009 - CHICAGO, Ill. – Ten high-growth companies from around the country led the Entrex Private Company Index (PCI), a benchmarking index that tracks the revenue growth of private companies in North America, for the first quarter of 2009.
The Entrex PCI announced its Q1 10 Top Growth Company winners for January to March 2009, companies that experienced revenue growth ranging from 12 percent to almost 200 percent over the same quarter in 2008. For the first three months of the year, this group had an overall average revenue growth rate of 45 percent, with a median of 31 percent, according to Stephen H. Watkins, CEO of Entrex, a Chicago-based company that sponsors the PCI.
The winners represent diverse industries, including financial services, technology consulting, software, performance management, commercial construction, a call center, marketing, and building products.
“Companies that have unsurpassed growth even in tough economies like this one are those that are leading the private companies in North America today,” said Watkins.
Several of the companies have been repeat members of the quarterly and yearly Entrex PCI Top Growth Lists, as well as monthly Top Growth Award winners, including NouvEon, Appletree and Rising Medical Solutions. This quarter’s No. 1 company, Connors Capital, is a first-time member.
Entrex PCI Top Growth Companies for the First Quarter of 2009:
1) Connors Capital LLC -- a private investment firm based in Los Angeles, CA. www.connorscapital.com
2) The Connors Group – a financial markets information company based in Sherman, Oaks, Calif.; Jersey City, N.J., and Seattle, Wash. (www.theconnorsgroup.com)
3) NouvEON Technology Partners – A regional business and technology consulting firm for the Fortune 1000 and mid-market companies in the Southeast. Based in Charlotte, N.C. (www.nouveon.com)
4) Rising Medical Solutions –A national medical cost containment and care management organization that services the auto, workers’ compensation and liability markets. Based in Chicago. (www.risingms.com)
5) Revelwood – a company that provides performance management solutions to Fortune 1000 and mid-market companies, based in Parsippany, N.J. (www.revelwood.com)
6) Venture One Construction – a certified commercial construction company based in Cincinnati, Ohio. (www.v1cinc.com)
7) Appletree – an answering service and call center based in Wilmington, Del. (www.appletreeanswers.com)
8) Onset Marketing – a marketing services company based in Farmington Hills and Grand Rapids, Mich. (www.onsetmarketing.com)
9) Tenmast Software – a company that provides software and expert support to the public housing industry, based in Lexington, Ky. (www.tenmast.com)
10) Elko Products Co., Inc. – a company that provides solid-metal gutter guards for buildings, based in Richmond, Va. (www.elkoproducts.com)
About Entrex/PCI Gazelles Index
The PCI/Gazelles Index is sponsored by Entrex, a Chicago-based company that works with companies and accredited/institutional investors to provide efficient licensing, origination, servicing, reporting, rating and trading of entrepreneurial company financial instruments, in partnership with Gazelles, an executive education and coaching firm.
Published monthly, the Entrex PCI/Gazelles Index tracks the revenue performance of a 10-company subset of the overall Entrex Private Company Index (PCI). The 10 participating companies represent the PCI’s top growth firms from the previous year (as measured by year over year revenue) and focuses on the sector of private companies up to $250 million in annual revenue. (www.privatecompanyindex.com) Co-sponsor, Gazelles, is the premier executive education & coaching for leaders of mid-size firms (30 to 2,000 employees) around the globe. www.gazelles.com
CONTACT: Erika Conefry, 877-4-Entrex
###
