IRVINE, Calif., Aug. 27 /PRNewswire/ -- Merchant Services, a national provider of business consulting, technology and ecommerce solutions for retail and B2B companies, today announced that it was named to the 2010 Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies.
This is the company’s second consecutive year appearing on the list, and the recognition was earned in conjunction with its three-year revenue growth of 54 percent during the current difficult economic environment.
Merchant Services ranks among prominent brands on this year's list including music website Pandora, convenience store chain 7-Eleven, Brooklyn Brewery and Radio Flyer.
“The tough economic climate has made business owners look for creative ways to increase their sales and cash flow,” said Nathan Jurczyk, Merchant Services Vice President. “Improving a business’ operational efficiency, increasing profitability and generating new revenues is the cornerstone of our business model. Our dedicated team of business consultants and employees has developed sound ecommerce support systems to deliver proven results that help these businesses succeed.”
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” noted Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
“Our growing list of clients made it possible for us to earn this recognition, and their business with us validates both our vision and effort to deliver superior ecommerce solutions and unparalleled customer service,” noted Jurczyk.
Merchant Services also fuels its drive for success by continuing to be an active member in the community. The Merchant Services team regularly participates in local events and contributes time, financial support and in-kind resources to philanthropic organizations.
The 2010 Inc. 5000 List serves as a unique report card on the U.S. economy. Despite ongoing recession, aggregate revenue among the companies on the list actually increased. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding; making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000 can be found on inc.com.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today's innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.
About Merchant Services:
Founded in 1995, Merchant Services is a leading provider of ecommerce solutions to businesses throughout the United States. Recognized in 2009 and 2010 by Inc. Magazine as one of The 5000 Fastest Growing Privately-Held Companies in the U.S., Merchant Services provides sound, reliable and cost-effective e-commerce support to tens of thousands of business partners nationwide.
SOURCE Merchant Services