New California report from Inc. Magazine lists Sacramento businesses among top earners
The creators of the annual Inc. 5000 list introduced a new California report this week that shows the state’s fastest-growing companies — which included nine Sacramento-area businesses.
The Inc. 5000 California series ranked 250 private companies based on their growth rates between 2016 and 2018, averaging two-year rates of 422 percent.
All told, members of the list employed close to 50,000 people in 2018 and contributed $5.6 billion to the California economy.
The fastest growing Sacramento-area company, according to Inc. Magazine, is A+ Construction Pro, located in North Highlands.
The kitchen remodeling company boasted a two-year growth rate of 626 percent and 2018 revenues of $3.2 million, earning a spot on Inc.’s list as the 25th fastest-growing business in the state.
Meadow Vista-based Natix, an office supplies provider, ranked 87th in the state with a growth rate of 243 percent. The company made $7.2 million in 2018. Natix previously appeared on the Inc. 5000 national listing in 2017, 2018 and 2019.
Sacramento insurance brokerage firm 360 Risk Partners placed 99th, growing 223 percent over two years. It earned $2.2 million in 2018 and also appeared on the annual Inc. 5000 list in 2019.
El Dorado Hills-based real estate firm ProEquity Asset Management, which ranked 101st on Inc.’s report, grew 219 percent. It made $5.8 million in 2018 and appeared on the Inc. 5000 in 2019.
Sacramento screen printing shop Garage Champs grew by 178 percent over two years, and was ranked the 133rd fasted-growing business in California. It earned $2.1 million in 2018 and appeared on the Inc. 5000 list in 2019.
Blossom Ridge Home Health, which provides medical house calls in the Sacramento area, grew 100 percent between 2016 and 2018 and ranked 230th. The company generated $16.8 million in 2018, and was listed on the Inc. 5000 in 2017 and 2018.
Sacramento-based Cambria Solutions, a business consultancy firm with several government contracts across the country, grew by 97 percent and was ranked 238th in the state. It made $35.8 million in 2018 and has a long record of growth rates. It made the Inc. 5000 list in 2008, 2011, 2013, 2015 and 2019.
El Dorado Hills-based SlideBelts grew by 97 percent over two years and was ranked 240th on the California list. The company sells unique belts based on a ratchet system rather than holes, and has long been recording impressive growth rates, appearing on the Inc. 5000 list for the last four years in a row. However, the company filed for Chapter 11 bankruptcy protection in August amid concerns of overextension. SlideBelts made $12.2 million in 2018, according to Inc. Magazine.
The last local business on Inc.’s California series was NEXT New Homes Group, based in Roseville. The real estate firm grew 95 percent over two years and made $1.3 million in 2018. Inc. ranked it 245th in the state.
These nine companies generated a collective $87 million in 2018, helping to make Sacramento one of the standout metropolitan areas in Inc.’s report.
Of the areas included, Sacramento contributed the fifth-highest revenue amounts. Los Angeles businesses brought in the most dollars, followed by San Francisco, San Diego and San Jose.
To see the full Inc. 5000 California series listing, visit Inc.’s website.
This story was originally published February 21, 2020 at 3:33 PM.
