Three Georgia Businesses among the 50 Fastest Growing Women Led Companies
Press release from the issuing company
Thursday, April 26th, 2012
The Women Presidents' Organization and American Express OPEN released the fifth ranking of the 50 Fastest Growing Women-Owned/led companies in North America. The Top 50 generated a combined $4 billion in 2011 revenues (mean of $80.1 million) and collectively employed 26,883 in 2011 (projected 34,550 employees in 2012).
BrightStar, a home healthcare and medical staffing company based in Illinois, has taken the top spot for a second consecutive year. Shelly Sun, president and chief executive officer, who plans to take her business public, saw her 10-year-old company's revenue double in two years from $51,732,716 in 2009 to $156,812,048 in 2011.
Cenergy International Services, LLC, a Texas-based energy personnel solutions provider, rose from 25th spot on the list last year to second place this year. The company has nearly doubled its revenues ($62,500,000 in 2009 to $165,000,000 in 2011) and employment (434 in 2009, 938 in 2011 and 1,100 projected for December 2012).
All eligible companies were ranked according to a sales growth formula that combines percentage and absolute growth. To be qualified for the ranking, businesses are required to be privately held, woman-owned/led companies in the U.S. or Canada and have reached revenue of at least $500,000 by the first week of 2007 and $2 million in 2011.
The 2012 Top 50 Fastest-Growing Women-Owned/Led Companies are: