Tampa, Fla. – (October 2003) – Lovett Miller & Co. is pleased to announce that its portfolio company, Peopleclick Inc., a leading provider of workforce solutions, captured the 30th slot in Deloitte's prestigious Technology Fast 500 Program for North America. The annual list recognizes North America's top 500 fastest growing technology companies in terms of revenue growth over five years, based on research conducted by Deloitte & Touche, LLP, one of the nation's leading professional services firms. In addition to ranking 30th on the Deloitte Technology Fast 500, Peopleclick ranked third on the North Carolina Technology Fast 50, which is a ranking of the 50 fastest growing technology firms in that state.
"It's an honor to be included in the national Fast 500 list. But more than that, it is a testament to the vision and dedication of the early Peopleclick staff, the hard work of our employees, and the loyalty of our customers," said Stephen A. Sasser, Peopleclick CEO. "While this award was based on Peopleclick's growth over the past five years, we are continuing to build on that momentum and are excited about our future prospects."
Overall, companies that ranked on the 2003 Technology Fast 500 have growth rates ranging from 469 to 296,080 percent over five years, with an average growth rate of 5,493%. During the five year period, Peopleclick grew from under one million in revenue to over 35 million. "Attracting enough customers to achieve exponential growth over five years makes a strong statement about the quality of a company's product and its leadership" said Mark Evans, national managing partner of Deloitte's Technology, Media and Telecommunications Group. "Peopleclick deserves a lot of credit for its remarkable growth."
About Lovett Miller & Co.
Lovett Miller & Co., co-headquartered in Jacksonville and Tampa, Florida, provides growth capital and shareholder liquidity for rapidly growing, privately held companies throughout the United States with a particular emphasis on technology-enhanced service companies and healthcare firms. The Firm invests in a range of financings including (1) growth capital, (2) minority shareholder liquidity transactions, and (3) growth buyouts. Lovett Miller & Co. typically invests $5 to $15 million in equity per company, although it is willing to consider both smaller and larger equity investments. For more information, visit www.lovettmiller.com.
About Peopleclick
Peopleclick ( http://www.peopleclick.com ) provides workforce solutions to help enterprises efficiently build and manage a productive and diverse workforce. Based in Raleigh, N.C., Peopleclick offers Global 2000 companies technology and services for recruitment management, vendor management, employee management and affirmative action/EEO compliance. The company has more than 300 employees serving over 2,500 customers in 38 countries around the globe.