ATLANTA, GEORGIA, June 24, 2016 — NanoLumens, the industry-leading manufacturer and marketer of indoor and outdoor LED displays in any size, shape, or curvature, was named the 7th fastest growing lower middle-market company by The Atlanta Chapter of the Association for Corporate Growth® (ACG) at its 2016 Georgia Fast 40 Awards Dinner and Gala held June 23rd at the Intercontinental Hotel in Buckhead, Georgia. The annual event, which draws some 600 leaders from the Atlanta business community, recognizes the top 40 fastest growing middle-market companies in Georgia.
“The companies honored this year’s awards gala exemplify ACG’s focus on driving middle-market growth and demonstrate the strength and significance of this sector in Georgia,” said Denise Boyd, ACG Atlanta Chapter President. “NanoLumens is certainly one of the state’s stand-out high tech success stories. Their commitment to quality, customer focus, and team building has resulted in the creation and growth of a world-class technology leader whose installations can be found at hundreds of locations around the world. The 14,500 members of ACG salute NanoLumens for what it has achieved to date and we look forward to what it will create tomorrow.”
In accepting the award, NanoLumens CEO Richard Cope praised the company’s 100 plus employees, “Who prove day in and day out that it is still possible to grow and expand around the world without losing sight of the core values that made the company a success in the first place — teamwork, a commitment to exceed every customer’s imagination, and an unrelenting quest to innovate at every level of the company. It is on their shoulders that I stand here tonight and I humbly accept this award in their honor.”
Applicants were required to submit three years of verifiable revenue and employment growth records that were validated by national accounting firm and founding Diamond sponsor, Cherry Bekaert LLP. An ACG Selection Committee evaluated each application and conducted in-person interviews with all qualified applicants. All 40 companies selected for this year’s program are for profit, have their headquarters in Georgia, and reported 2015 annual revenues ranging from $15-million to $500-million.
“These 40 companies represent 14,110 new jobs and $1.9 billion in revenue growth,” said James Vanke, chairman of the 2016 Georgia Fast 40 Awards and managing director at Pensionmark Retirement Group, LLC. “The lower middle-market honorees had more than a 99 percent weighted growth rate, and the upper middle-market honorees had more than a 53 percent weighted growth rate.”