Salt Lake City—Victory is sweet. Recognition is nice. But both are better when you’re surrounded by a team of workers who have stood by you through thick and thin, said Bob Millerberg, CEO of Crest Financial, which was named as the state’s fastest-growing business at Utah Business‘ Fast 50 awards Thursday.
“All the ups and downs we’ve had, all the problems we’ve had… I just want [my team] all to know that I’m glad you were with us the whole time. I wouldn’t want anybody else," Millerberg said. “I wish I had some great words of wisdom to tell all the companies, but probably the margin that separates us is relatively small, so anything I’d say would be singing to the choir."
That there are so many companies growing so quickly in Utah is remarkable, said Utah Business’ Sam Urie in his welcoming address. Quick growth is indicative of fundamental strengths in a company, he continued: “For me, when a company has been growing quickly over a number of years, it means two things: First, it means you have a product that is meeting a real need. And second, it means that organizationally, you’ve learned how to manage the growth, how to scale up and how to develop leadership in the company.”
The 50 fastest-growing companies in the state that were honored at the annual awards luncheon were selected and ranked based on financial data submitted to an independent accountant for analysis. In addition to the Fast 50, several companies that have been in business less than five years—the Emerging 8—were recognized for the strides they had gained in their short time doing business.
2016 Fast 50 Honorees
1 Crest Financial Services
2 Jane.com
3 Alliance Health
4 Pluralsight
5 Instructure
6 LifeVantage
7 Peak Capital Partners
8 Progrexion
9 TravelPASS Group
10 BGZ Brands
11 Alder Holdings, LLC
12 Connexion Point
13 Auric Solar
14 Young Automotive Group
15 Packsize International, LLC
16 Health Catalyst
17 HealthEquity, Inc.
18 Extra Space Storage, Inc.
19 Citywide Home Loans
20 Boostability
21 Millburn & Company
22 Landmark Home Warranty
23 Traeger Grills
24 Veritas Funding, LLC
25 iDrive Logistics, LLC
26 Conservice
27 IdealShape
28 Genysis Brand Solutions
29 Solutionreach, Inc.
30 Workfront
31 Lucid Software, Inc.
32 Kneaders Bakery & Cafe
33 StorageCraft Technology Corp.
34 Vivint Smart Home
35 Christopherson Business Travel
36 CLEARLINK Technologies
37 Overstock.com, Inc.
38 USANA Health Sciences
39 Cariloha
40 CBC Advisors
41 NorthStar Alarm Services, LLC
42 Nu Skin Enterprises
43 Cementation USA, Inc.
44 EDGE – The Service Company
45 Boomsourcing
46 VLCM, LLC
47 IntegraCore, LLC
48 Candlelight Homes
49 Xyngular Corporation
50 Xima Software, LLC
2016 Emerging 8
Foxtail Marketing
inWhatLanguage, LLC
JCO Financial
Legend Solar
Simple Finance
Wallaroo Media, LLC
York Howell & Guymon
Zurixx, LLC