First Financial Debuts on the Orange County Business Journal’s Fastest Growing Private Company List at #55October 11, 2011 10:30 pm
First Financial Debuts on the Orange County Business Journal?s Fastest Growing Private Company List at #55
Placentia, CA – October 11, 2011 – First Financial Corporate Services, Inc. (FFCSI), a premier provider of medical, material handling and IT equipment leasing solutions, announces it has ranked as the 55th fastest-growing Orange County company, according to the Orange County Business Journal. Compiled annually, the list ranks the county’s top 100 businesses by revenue growth for the 12 months through June from the same period in 2009. During this period, FFCSI reported 48.3% growth in revenue.
“We are proud to be recognized by the Orange County Business Journal for our local achievements,” said Richard Stebbins, president and CEO. “Despite an uncertain market and struggling economy, we are experiencing continued growth throughout our company both in terms of revenue and employees. We are extremely grateful for our dedicated employees, for without their hard work and dedication, our continued success would not be possible.”
ABOUT THE FASTEST-GROWING LIST
The fastest-growing private companies list includes OC-based businesses owned by individuals, groups of people, families, venture capitalists, private equity firms or other investors.
Publicly traded companies and subsidiaries weren’t considered. Neither were locally owned and run offices of national firms.
Companies had to have sales of at least $300,000 for the 12 months through June 2009 to be considered. This year?s list required companies to show at least 11% growth in revenue for the 12 months through June of this year compared to the same period two years ago.
The measurement skips a middle 12-month period through June 2010, in part to reflect the staying power of companies on the list. The companies on this year?s list, for example, all had to come through the recent recession to post impressive gains.