Birch Ranked 7th Fastest Growing Private Company in Atlanta
Atlanta Business Chronicle recognizes Atlanta’s 50 fastest growing private companies with 15th Annual Pacesetter Awards
Atlanta, GA – April 23, 2010 - Birch Communications today was named the 7th fastest-growing private company in Atlanta by the Atlanta Business Chronicle in its 15th Annual Pacesetter Awards. The Pacesetter Awards recognize the top 50 fastest-growing private companies in the Atlanta metro area. Birch, a leading IP-based telecommunications and managed services provider to small and medium businesses, has been in business since 1996.
Bestselling author Harvey Mackay, author of “Swim With The Sharks”, was the keynote speaker at the Pacesetter Awards event held at the Intercontinental Hotel in Buckhead. The event was sold out with 500 attendees.
“Birch’s growth is due to the singular dedication our employees have to our customers”, said Vincent M. Oddo, Birch CEO. “We have invested heavily in building a strong sales channel mix that has fueled our growth, but it is the investment our employees make in our customers that creates our fundamental value proposition – high quality service with excellent customer satisfaction.”
Birch was ranked the 7th fastest growing private company in Atlanta, with 152% revenue growth between 2007 and 2009. Birch has also experienced 101% growth in the number of employees during that same time period.
“After 14 years in business, Birch’s ranking demonstrates that providing reliable communications services and consistently giving your customers the personal attention they deserve is the formula for sustained growth”, said Chris Aversano, Birch COO.
To qualify, the business had to be privately owned, based in the 20-county metro Atlanta area and not be a subsidiary of another company. It also had to have been established in the first quarter of 2007 or earlier; experienced a two-year growth in sales of more than 50 percent; and garnered revenue between $1 million and $300 million in 2009.
Companies were ranked by a growth index formula, used to even the field among businesses of various sizes. The revenue and employee growth indexes are the percent change from 2007 through 2009 multiplied by the absolute change for the same years. A company’s average employee or revenue growth index is the growth index divided by the average growth index of all the companies that qualify. The weighted average growth index is a company’s average employee index score, plus its average revenue index score. Employee growth was weighted 40 percent and revenue growth was weighted 60 percent.
About Birch Communications
Headquartered in Atlanta, GA, Birch Communications is one of the largest IP-based telecommunications and managed services providers serving small business customers in 32 states in the southeast, southwest and midwest. Birch is the first in its class to deploy a private IP-Network utilizing soft switch technology to deliver innovative, high quality, affordable voice and broadband communications services to small and medium-sized business customers. Please visit www.birch.com for more information.
Contact:
Greg Corwin, Marketing Director
greg.corwin@birch.com
816.300.1686