BOLT ON TECHNOLOGY, an auto repair service technology company, was named No. 3 on the Philadelphia Business Journal’s inaugural 50 on Fire in Philly list, an exclusive list of the fastest-growing companies in the greater Philadelphia area.
Criteria for companies chosen was based on average percent revenue growth between 2013, 2014 and 2015. To qualify, companies were required to have had more than $750,000 in revenue in 2013 and more than $2 million in revenue in 2015, with consecutive year-over-year growth.
“This has been an amazing period of growth, and we are honored to be recognized,” said BOLT ON CEO Michael Risich. “We owe this honor to our partners, our employees and our loyal customer base – all of whom played integral roles in helping us achieve record level growth. We look forward to continuing on this path as we maintain our focus on delivering solutions that promote growth in the auto repair industry.”
Only 2 percent separated BOLT ON TECHNOLOGY from the No. 1 spot, with the company celebrating a 2-year revenue growth average of 87.36 percent. Operations Manager Ken Gilliam accepted the award on the company’s behalf, stating this is only the beginning.
The company was also named to the Inc 5000 list this year, as well as the Philadelphia 100 for the third year in a row.