Denver, CO, Sept. 25, 2018 (GLOBE NEWSWIRE) -- Velocity Global, the leading provider of global employment services, announced it has been named a Top Company in the Professional Services category by ColoradoBiz, one of the state's most prestigious awards. This year marked the magazine's 31st Top Company award celebration.
Velocity Global was selected as a recipient of the Top Company award by a panel of judges. The award was presented at an exclusive gala on August 29, 2018 at the Denver Center for the Performing Arts. In previous years, ColoradoBiz has named Velocity Global as a Top Private Company in 2016 and 2017, and Ben Wright as a CEO of the Year finalist in 2017.
"While most of our services focus on international business expansion, we're very proud of our Colorado roots," said Ben Wright, CEO of Velocity Global. "To be acknowledged as a Top Company in this great state—while recognizing the tough competition—is an honor."
Top Company nominees and winners are judged on three distinct criteria: outstanding achievement, financial performance, and community involvement.
- Outstanding Achievement: Velocity Global ranked #4 on the Inc. 5000 list of America's fastest-growing private companies in 2018, and was also the fastest-growing private company in Colorado in 2017. In just four years, the company has opened nine international offices and was the first in the industry to provide a full suite of services to help companies expand globally.
- Financial Performance: Velocity Global has sustained impressive year-over-year growth rates in employee count, total revenue, and net income. The company has a three-year growth rate of 39,817%, annual revenue of over $50 million, and a team of nearly 100 employees worldwide.
- Community Involvement: Velocity Global is a dedicated supporter of First Descents, a Denver-based nonprofit that provides support and assistance to young adult cancer survivors through outdoor adventure programs. Earlier this year, the company extended a transformative multi-year financial commitment that helped First Descents develop a new program specifically designed for young adults battling Multiple Sclerosis.
"For most companies, the biggest contribution often seems to be overlooked or taken for granted: the meaningful jobs and careers they create," said Mike Taylor, editor at ColoradoBiz. "Not only the jobs within their workplace, but for vendors and other service providers whose ability to generate jobs grows as a result of a Top Company success."
For a full list of Top Company winners and nominees, visit: http://www.cobizmag.com/Companies/2018-Top-Company-Awards/.
About Velocity Global:
Velocity Global is the leading provider of global employment solutions that has reinvented the way companies expand overseas. With unrivaled expertise in over 185 countries, Velocity Global delivers end-to-end services and best-in-class support to help companies confidently navigate the entire lifecycle of international business. To ensure a compliant, efficient, and flexible international expansion, Velocity Global provides a comprehensive suite of global services that includes International PEO, Entity Setup and Support, Global Talent Acquisition, Immigration, and Consulting.
Visit VelocityGlobal.com to learn more or follow us on Twitter @Velocity_Global.