ARLINGTON, Texas--(BUSINESS WIRE)--EST Group announced their inclusion on the Dallas Business Journal’s Middle Market 50 list. They ranked 33rd of the fastest-growing middle market companies in the region.
DBJ based the Middle Market 50 rankings on a weighted revenue growth index, which helps to level the playing field among bigger and smaller companies. This third annual research project by the Dallas Business Journal ranks the fastest-growing companies in North Texas with annual revenue of $25 million to $750 million, based on revenue growth over a three-year period. To participate, companies must provide revenue figures for 2013, 2014, 2015 and 2016 for use in calculating the percentage of revenue growth during that period. This information was published in the Middle Market 50 list. Both private and public companies are eligible to participate. Companies must be headquartered in North Texas.
Patricia Spires, EST Group founder and CEO, attended the award ceremony and stated, “Our 3-year revenue growth totaled 119%, and we are on track to continue growing at an even faster rate.” Tim Spires, founder and president, continued, “I want to share credit with our hard-working employees. They have exceptional technical expertise and the drive to deliver the highest quality solutions to our clients.” Kelly Foster, founder and COO, added, “Our continuing goal is to ensure our clients, vendors and employees have the best experience they have ever had with a consulting company. We succeed when you succeed, and there is no greater privilege than to partner with you in your success.”
EST Group continues to be recognized for significant growth. Inc. magazine and the Dallas 100 both added EST Group to their lists of fastest-growing companies last year.
About the Middle Market 50
Dallas Business Journal gathered information on year-over-year growth from individual companies. The average growth index score is derived from the 2014/2016 year-over-year absolute growth in revenue multiplied by the percent change in revenue for 2014 through 2016. The total was averaged and divided by the index result to produce the final index average. Visit http://www.bizjournals.com/dallas/subscriber-only/2017/06/16/middle-market-companies.html
About EST Group
EST Group is an IT solutions company focused on providing data center solutions|services, integration, and identity and access management solutions|services to organizations’ IT environments. Their goal is for their clients to achieve maximum efficiency and productivity. They have been providing these solutions since 2005. EST Group strives to provide the best experience their clients, partners and employees have ever had with a consulting company. For more information on EST Group, visit www.est-grp.com.