Three-year revenue growth remains strong at over 100%
Minneapolis, MN, August 21, 2015 – For the fourth year in a row Coherent Solutions has been named to the Inc. 500|5000 list of the nation’s fastest growing private companies. The 2015 Inc. 5000 is the most competitive crop in the list’s history with average three-year growth of 490%. The companies on the list have aggregate revenue of $205 billion, and have generated 647,000 jobs over the past three years. Coherent Solutions is proud to have added 240 jobs itself in 2014.
“The story of this year’s Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top,” said Inc. President and Editor-In-Chief Eric Schurenberg. “Business owners don’t achieve that kind of success by accident.”
Coherent Solutions’ three year growth was 137% at the end of 2014, and revenue was $20.9 million. Inc. Magazine puts the number of employees at 453, but Coherent has surpassed 500 as of this writing.
“We are pleased to continue to make this list,” stated Igor Epshteyn, CEO of Coherent Solutions. “Especially as it becomes harder to maintain the dramatic growth numbers we’ve had over the past four years.”
Epshteyn credits his company’s success to his employees. “They are smart, focused and engaged. Everyone is interested in a new challenge and continuous learning.”
Complete results of the Inc. 5000, including company profiles and an interactive database can be found at http://www.inc.com/inc5000.