Last night, Philadelphia 100, a merit-based program that recognizes and awards the top privately held companies in the region, announced its 2016 rankings. BOLT ON TECHNOLOGY was named the 13th fastest-growing company in Philadelphia for the 2nd year in a row.
To qualify for the award, companies must be able to provide their average percent revenue growth over a three-year span (2013, 2014 and 2015). BOLT ON experienced a two-year revenue growth average of 87.36 percent.
Mike Risich, BOLT ON founder and CEO, and his wife were in attendance at the Philadelphia 100 event and accepted the award.
“What an honor it is to be named 13th on Philadelphia 100’s list two years in a row,” said Risich. “Thanks to all of our loyal customers, hardworking partners and dedicated employees for making this possible. Here’s to another year of explosive growth and industry leading innovation.”
The Philadelphia 100 has recognized some of the region’s finest companies as they emerged. BOLT ON TECHNOLOGY has been recognized in the Philadelphia 100 awards three times. In, 2016, the company also was named No. 646 on the Inc. 5000 list, third on the 50 on Fire in Philly and within the top 50 fastest-growing businesses on Philadelphia’s Future 50.
“We’re excited to see what 2017 has in store for us considering the tremendous growth we’ve experienced this year. Looking forward, one thing will always remain the same – BOLT ON will always strive to provide viable solutions and profitable results for automotive repair shops working with our technology and will continually push to innovate our software as the business grows and expands,” said Risich.
