February 21, 2013

Cover Story

CEO of the Year

Utah’s business landscape is rich with professionals who have le...Read More

Featured Articles

Did you go Skiing this winter?

Around Utah

Sections

Spotlight
Martin Plaehn

Spotlight
Karen Sendelback

Legal Briefs
Social Media and Employers: Friends or Enemies?

Money Talk
The Case for HSAs

Economic Insight
Time to Show Up

Lessons Learned
Make a Move

TechKnowledge
In the Lab

EntrepreneurEdge
Rent to Own

Business Trends
Back from the Dead

Executive Living
Artful Inspiration

Features
A Breath of Fresh Air

Features
Worst-Case Scenario

Regional Report
Northern Utah

Focus
Measure Up

Industry Outlook
Travel & Tourism

Players
Players

Article

Vivint Named One of Forbes' 100 Most Promising Companies

Press Release

February 21, 2013

Vivint, a Provo-based home automation services company has been listed at number 46 on Forbes magazine’s annual ranking of America’s Most Promising Companies. The list includes one hundred privately held, high-growth companies. This marks the first year that Vivint has been named to the list.




Vivint’s inclusion on Forbes’ list comes after a busy year for the company, during which it crossed the threshold of $30 million in recurring monthly revenue — one of only three companies in its industry to do so. Since 2007, the company has experienced a growth rate of 400 percent.




Acquired in 2012 for more than $2 billion by Blackstone, Vivint was selected to the Forbes list for its growth (in both sales and hiring), the quality of its management team and its investors, product strength, margins, market size and key strategic partnerships.




“This honor is a shared achievement of the entire Vivint team,” said Todd Pedersen, CEO of Vivint. “We are committed to providing our customers with a smarter way to live and connecting them with the aspects of their lives that matter most—their homes, families, health, and businesses.”


Vivint’s offers home automation, home security and energy management. The company also provides Vivint Solar.



For the Most Promising list, Forbes looked for young, privately held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months, Forbes reviewed thousands of applications and turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search.




To view the complete 2013 list of America's Most Promising Companies, visit www.forbes.com.

Utah Business Social
UB Events View All
Content Marketing BootcampUtah Business Event
Oct 28, 2014
Please join Utah Business Magazine and Adobe, along with our other sponsors: Boostability, Right ...
Sustainable Business Awards 2014Utah Business Event
Nov 13, 2014
Utah Business magazine along with presenting sponsor Big D Construction, is pleased to announce t...
Best Companies to Work For 2014Utah Business Event
Dec 11, 2014
Utah Business magazine along with our sponsors Diversified Insurance and Miller Motor Sports Park...
Community Events View All
2014 Wicked Halloween 5K and Family Expo
Oct 25, 2014
Calling all witches, ghosts, vampires and werewolves! Join us on October 25th at Memory Grove Par...
St. George Book Festival - Book Expo Extravaganza!
Oct 25, 2014
What to Except: * Readers of all ages and genres will get a chance to meet dozens of prolific au...

info@utahbusiness.com  |  90 South 400 West, Ste 650 Salt Lake City, Utah 84101   |  (801) 568-0114

Advertise with Utah Business

Submit an Event

* indicates required information
* Event Name:
Price (general):
Website (if applicable):
Coordinator's Name:
Coordinator's Email:
Coordinator's Phone:
Venue Name:
Venue Address:
Venue City:
Venue Zip:
Event Capacity:
Date(s):
to
* Event Description:
  Cancel