Anaheim, California Mar 31, 2021 (Issuewire.com) - Inc. the magazine revealed that end-to-end mortgage service provider, Consolidated Analytics, ranked No.140 on the annual Inc. 5000 Regionals: California list of the most prestigious ranking of the fastest-growing California-based private companies. The regional Inc. 5000 list represents a unique look at the most successful companies within the California economy's most dynamic segment--its independent small businesses. In the last two years, Consolidated Analytics grew its revenues by 119%, fortifying its placement of 140 out of 5000 companies on the list.
"It is truly an honor to be named to Inc. Magazine's list of California's fastest-growing private companies," said Chief Executive Officer Arvin Wijay. "Solving for both mortgage banking industry challenges and client objectives continues to be the foundation for our growth. This commitment to industry alignment paired with a dedicated team of eager listeners and change-agents has proven to be the right approach to business growth."
Consolidated Analytics' strategic growth path reflects a balanced business model, which supports all aspects of the loan life cycle in any market conditions. This approach maximizes agility for the business, its clients, and employees. Since 2019, the company grew its employee headcount by an estimated 200 and achieved a 118% revenue growth. Currently, Consolidated Analytics has over 200 openings.
"When you glance up and realize that your little baby is no longer a baby. This is how the Inc. 5000 award feels to me," said Head of Human Resources, Dana Gross. "Even after seeing that growth every single day, such an achievement creates a moment of surprise."
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Consolidated Analytics centers on solving asset-level and enterprise-wide challenges for mortgage lenders, servicers, and investors. The company provides top lenders, servicers, and investors with end-to-end services, including property valuations and analytics, mortgage due diligence, and business process services (fulfillment through REO). The company's consulting and advisory arm provides both technology and operations consulting and talent solutions to top mortgage banking and servicing businesses.
The companies on the Inc. 5000 regional list show stunning rates of growth across all industries in California. Between 2017 and 2019, these 250 private companies had an average growth rate of 535 percent, and, in 2019 alone, they employed more than 40,000 people and added nearly $7 billion to the California economy. Companies based in major metro areas--Los Angeles, the Bay Area, and San Diego--brought in the highest revenue overall.
Information related to Consolidated Analytics' is available on the Inc. 5000 interactive database: https://www.inc.com/profile/consolidated-analytics
"This list proves the power of companies in California no matter the industry," says Inc. editor-in-chief Scott Omelianuk. "The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay."
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About Consolidated Analytics (consolidatedanalytics.com)
Consolidated Analytics' end-to-end mortgage services platform delivers value to our customers, from asset-level analyses through enterprise-wide optimization. By harnessing the power of data and technology --and by tapping into the expert insights of our multidisciplinary team-- we help forward-thinking companies unlock and activate loan and operational quality, efficiency, and performance. Our solutions span the spectrum of real estate finance and include property valuation services & analytics, mortgage business process services, consulting & advisory, and asset due diligence.
More about Inc. and the Inc. 5000 Regionals
The 2021 Inc. 5000 Regional are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for-profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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Source :Consolidated Analytics and Inc. Magazine
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