AmeriQuest Business Services Makes List of New Jersey’s Top 50 Fastest-Growing Companies for Third Time
The company is ranked 31st on the list compiled by a leading state business publication, with 2012 revenues of $509 million and a three-year growth rate of 53 percent.
CHERRY HILL, NJ, November 26, 2013 –AmeriQuest Business Services, a business process outsourcing company (BPO) headquartered in Cherry Hill, has been named one of New Jersey’s 50 Fastest-Growing Companies for 2013, coming in this year at number 31. It is the third time AmeriQuest has been recognized on the list compiled by NJBIZ.
AmeriQuest Business Services is a privately owned corporation formed by Doug Clark in 1997. It serves more than 1,500 companies throughout North America by providing comprehensive services in the procurement, managed services, and financial supply chain functions. AmeriQuest achieved its recognition this year with sales revenue in 2012 of $509 million and a three-year growth rate of 53 percent.
“As the economy is rebounding, companies are looking to be more efficient in managing their costs and operations and are turning in greater numbers to outsourcing certain essential services,” said Clark, President and CEO. “The fact that so many companies are seeing that this makes financial sense is what has spurred our continued success over the last three years.”
According to NJBIZ, the awards program “celebrates News Jersey’s most dynamic companies who progressively contribute to the success of the state’s economic growth and stability.” To qualify, companies had to meet selection criteria that included a revenue size of at least $500,000 within the past two out of three years and growth in revenue over a three-year period dating from fiscal year 2010 to 2012.
The awards are presented by ParenteBeard LLC and sponsored by Archer & Greiner PC, Comcast business, Mass Mutual, M&T Bank, and UnitedHealthcare. ParenteBeard calculated the nominations and then ranked the companies. Both dollars and percentage increases were taken into consideration.
The award was presented on November 19 at The Palace at Somerset Park in Somerset, NJ.
About AmeriQuest Business Services, Inc.
AmeriQuest is a technology-enabled solutions provider serving more than 1,500 customers throughout North America. Combining unmatched expertise and comprehensive services in procurement, financial process automation, and asset management, AmeriQuest Business Services helps customers move forward in every part of their business. For more information, visit ameriquestcorp.com.
Doug Clark, President and CEO, AmeriQuest Transportation Services
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