Atlanta, GA; May 12, 2016 – The Atlanta Chapter of the Association for Corporate Growth® (ACG), a global professional organization with the mission of Driving Middle-Market Growth®, today announced the 2016 Georgia Fast 40, recognizing the top 40 fastest-growing middle-market companies in Georgia. Five Points Healthcare was recognized as the #3 fastest-growing company in the state in the lower middle market category.
“The companies being honored this year 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.
Applicants were required to submit three years of verifiable revenue and employment growth records, which 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 companies on the list are for profit, headquartered in Georgia and reported 2015 annual revenues ranging from $15 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.”
“Five Points is honored to be recognized by ACG Atlanta and to be included among such an incredible and successful group of fast growing companies”, stated Rob Radics, CEO. “Our growth is due entirely to the hard work and dedication of our employees throughout the Company and their commitment to excellent patient care”.
ACG comprises more than 14,500 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune1000, FTSE 100, and mid-market companies in 59 chapters in North America and Europe. Founded in 1974, ACG Atlanta is one of the oldest and most active chapters, providing the area’s executives and professionals a unique forum for exchanging ideas and experiences concerning organic and acquisitive growth. Programs include Atlanta ACG Capital Connection, The Georgia Fast 40 Honoree Awards and Gala, a Wine Tasting Reception, a Deal of the Year event as well as an active Women’s Forum and Young Professionals group.
Founded in 2011 and based in Atlanta, GA, Five Points Healthcare currently owns and operates home health and hospice locations in Alabama, North Carolina, Tennessee and Virginia. Five Points Healthcare was founded with a vision to become the premier provider of home health and hospice services throughout the southeast by focusing on its five key stakeholders – patients, employees, physicians, providers and communities. Five Points is a portfolio company of Fulcrum Equity Partners. For more information about Five Points please visit www.fivepointshc.com.
Fulcrum Equity Partners, based in Atlanta, GA, manages over $140 million and is actively seeking opportunities to invest in rapidly growing companies. Fulcrum initially invests $1 million – $10 million and will consider investments in a wide variety of industries with an emphasis on information technology, healthcare and technology enabled operating companies. Fulcrum provides financing to meet a wide range of needs including internal growth initiatives, acquisitions, divestures, shareholder liquidity and recapitalizations. The partners have significant operating experience as well as backgrounds in venture capital, mezzanine financing, accounting, law, investment banking and strategy consulting. To learn more, please visit www.fulcrumep.com.