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Utah Business Honors Utah’s Fastest-Growing Companies

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