IRVINE, Calif.--(BUSINESS WIRE)--Inc. magazine revealed that Crestmont Capital LLC is No. 3 on its Inc. 5000 Regionals: California list, the most prestigious ranking of the fastest-growing California-based private companies. This regional list represents a unique look at the most successful companies within the California economy’s most dynamic segment—its independent small businesses.
Speaking on the ranking, Gregory Keleshian, Chief Executive Officer for Crestmont Capital, LLC. said, “I am very proud of all we have achieved over the past few years. I firmly believe our record revenues are due to our steadfast focus on rapid, strategic growth in key markets. Our proven ability to scale our business, by successfully recognizing our client’s needs, while reducing operational costs, has allowed us to substantially increase revenue and expand our EBITDA. Thanks to the ongoing diversification of our revenue streams and the solid performance of our lending portfolio, we are confident that we will further enhance our monetization capabilities and remain bullish about delivering sustainable growth moving forward.”
The companies on this list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas—Los Angeles, the Bay Area, and San Diego—brought in the highest revenue overall.
Complete results of the Inc. 5000 Regionals: California, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/california.
“This list proves the power of companies in California no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
About Crestmont Capital
Crestmont Capital’s portfolio of loan products and advisory services offers small businesses resources well beyond those offered by traditional banks. The financial analysts and consultants who make up the lending divisions of Crestmont Capital have assisted in facilitating the capital requirements for tens of thousands of small businesses.
For more information about Crestmont Capital, visit www.crestmontcapital.com.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.