Latest news with #PrivateCompanies
Yahoo
7 days ago
- Business
- Yahoo
BuildOps Recognized as One of America's Top 100 Fastest-Growing Private Companies, According to Inc. Magazine
Commercial contractor software leader ranks No. 93 on the 2025 Inc. 5000, joining the most prestigious list of high-growth private companies in the U.S. LOS ANGELES, CA / / August 13, 2025 / BuildOps, the all-in-one platform powering the nation's largest commercial contractors, today announced its debut in the Top 100 of the 2025 Inc. 5000 list of the fastest-growing private companies in America. This recognition places BuildOps among the top 2% of all companies on the list and underscores the company's transformative impact on the commercial contracting industry. The annual Inc. 5000 list honors the most successful and inspiring private businesses in the United States. Rankings are based on percentage revenue growth over the past three years, with the top tier showcasing the companies making the biggest impact on their industries and the economy. This year, BuildOps stands proudly among that elite group. "Earning a spot among America's Top 100 fastest-growing companies is a huge moment for BuildOps," said Alok Chanani, CEO and co-founder of BuildOps. "We've built this company alongside the contractors who use our platform every day, solving real problems that hold their businesses back. This recognition is a reflection of their success as much as ours - and we're just getting started." BuildOps gives commercial contractors a single platform to run their entire operation - scheduling, dispatch, project management, invoicing, and more - all working together in real time. The result: more profitable jobs, faster decision-making, and better service for the customers who rely on them every day. The recognition from Inc. comes during a breakout year for BuildOps. Earlier this year, a $127 million Series C round pushed BuildOps past the billion-dollar valuation mark, fueling the next wave of product innovation and national expansion. In June, BuildOps opened its East Coast headquarters in Raleigh, N.C., with plans to create nearly 300 high-paying jobs in one of the nation's fastest-growing tech hubs. The team has grown rapidly, onboarding talent from top SaaS companies while expanding its customer base across HVAC, plumbing, electrical, and other commercial trades nationwide. This recognition is part of a bigger mission: equipping the contractors who keep hospitals running, schools open, and businesses operating - the critical infrastructure most people never see, but everyone depends on. For more information about BuildOps, visit About BuildOpsBuildOps is mission control for commercial contractors. Built for the complexity of large-scale commercial work, it replaces limited tools and manual workflows with a unified platform that runs every job from quote to close. With AI-powered workflows, real-time insights, and mobile tools built on real field experience, BuildOps helps contractors move forward, not just track it. Designed by industry veterans, BuildOps gives every crew, manager, and executive the visibility and control they need, without compromise. Founded in 2018 by a U.S. Army veteran, BuildOps is on a mission to help commercial contractors shape the future of the trades. Today, more than 1,000 leading companies across North America trust BuildOps, backed by Founders Fund, Next47, and other top investors. To learn more about BuildOps and how we're building the future of the trades, visit Media ContactJustin MauldinSalient PRachievemore@ SOURCE: BuildOps View the original press release on ACCESS Newswire Sign in to access your portfolio
Yahoo
13-08-2025
- Business
- Yahoo
RedStone Logistics Climbs to No. 66 on KC Business Journal's Top 150 Private Companies List
OLATHE, Kan., Aug. 13, 2025 /PRNewswire/ -- RedStone Logistics ( a leading provider of supply chain optimization and third-party logistics services, has earned a spot on the Kansas City Business Journal's 2025 Top 150 Private Companies list, rising to No. 66, up one position from the previous year. This marks the company's fourth consecutive year of recognition—underscoring its sustained revenue growth and impact within the logistics sector. The Top 150 list ranks the largest privately held companies in the Kansas City metro based on annual revenue. Collectively, the businesses on the list generated more than $123 billion in revenue. "Climbing to No. 66 is a reflection of our team's relentless commitment to innovation and client success," said Jim Ritchie, CEO and founder of RedStone Logistics. "Our growth is driven by delivering tailored, tech-enabled solutions that streamline supply chains and strengthen our clients' bottom line." RedStone was also named to the Kansas City Business Journal's Fast 50 List in 2024, ranking 38th with a 58.8% revenue increase between 2021 and 2023—reinforcing its position as one of the fastest-growing logistics companies in the region. Part of the $1.45 billion Kansas City logistics ecosystem, RedStone continues to expand domestically and internationally. By combining industry expertise, proprietary technology, and strategic procurement capabilities, the company serves clients across a wide range of industries—improving efficiency, transparency, and agility in their supply chains. About RedStone LogisticsRedStone Logistics is a third-party logistics provider specializing in end-to-end supply chain optimization. Founded by logistics industry veterans, the company partners with businesses of all sizes to design and manage smarter, more efficient supply chains. RedStone Logistics: Pursuing Supply Chain Perfection. Learn more at Media Contact: Keri Olson913-998-7913399510@ View original content to download multimedia: SOURCE RedStone Logistics Sign in to access your portfolio
Yahoo
13-08-2025
- Business
- Yahoo
Nebraska Company lands on Inc. 5000's List of America's Fastest-Growing Private Companies
This marks the organization's fifth time on the List. OMAHA, Neb., Aug. 13, 2025 /PRNewswire/ -- Inc. 5000 names North End Teleservices on its 2025 list of Fastest-Growing Private Companies. The list provides a data-driven snapshot of the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. North End Teleservices is a part of the business process outsourcing industry which in 2024, was estimated to be $302.62 billion and is projected to reach $525.23 billion by 2030. The company has undergone tremendous growth, expanding its employees from two to hundreds as it fulfills its mission of Creating Jobs and Changing Lives. "Being named one of the fastest-growing private companies in the country is an incredible honor, but this recognition is about more than growth. It's a testament to the power of purpose. From day one, we set out to do things differently. This is our fifth time of making it on Inc. 5000's list and this honor is even sweeter as we celebrate our ten-year anniversary," says Carmen Tapio, CEO of North End Teleservices. The organization's growth and business excellence have fueled its impact. "Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company's tenacity and clarity of vision," says Mike Hofman, editor-in-chief of Inc. "These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn't just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy." Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia. For the full list, company profiles, and a searchable database by industry and location, visit: About North End TeleservicesNorth End Teleservices LLC, is an omnichannel global provider of outsourced contact center services to government and commercial sectors. The company is committed to Creating Jobs and Changing Lives. The Company was named as a U.S. Chamber of Commerce Top 100 Small Business in America for 2024. North End is a certified woman-owned, minority-owned, HUBZone and Enterprise Zone business that serves as an extension of its clients' brands and service delivery model. Working with small and large B2B, B2C, and government agencies, North End customizes contact center operations to meet every client's specific needs. MethodologyCompanies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. About is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit View original content to download multimedia: SOURCE North End Teleservices
Yahoo
01-08-2025
- Business
- Yahoo
FASB issues credit loss accounting relief
This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: The Financial Accounting Standards Board issued a generally accepted accounting principles standards update that gives companies some relief from challenges they've faced in complying with current guidance under Topic 326, Financial Instruments—Credit Losses as well as Topic 606, Revenue from Contracts with Customer to certain accounts receivable and contract assets, according to a Wednesday press release. The change stems from private companies' feedback that existing guidance required companies to make costly and complex forecasts of estimated credit losses for AR and contracts. In turn, it provides a 'practical expedient' — effectively a simpler way of addressing the rules — which allows all entities to assume that current conditions do not change for the remaining life of the asset and allows private entities to consider potential collection activity that occurs after the balance sheet date in their estimations. The amendments and optional new guidance 'are expected to reduce the time and effort necessary to estimate credit losses for current accounts receivable and current contract assets, while continuing to provide decision-useful information to investors and other financial statement users,' the FASB release states. Dive Insight: The new standards update comes as the board is currently in the midst of an agenda consultation initiative aimed at getting feedback on new standards updates that investors and financial report preparers would like to see. Stakeholders have identified several new standard-setting areas of interest, including potential projects related to stablecoins, CFO Dive previously reported. The credit loss guidance is latest of four ASU projects completed by the FASB this year. The others related to share-based consideration payable to a customer and stock compensation (Topics 718 and 606), determining the accounting acquirer in a purchase of a variable interest entity (Topics 805 and 810) and a relatively minor clean-up project that clarified the effective date for a project that will require companies to disaggregate income statement expenses for fiscal years beginning after Dec. 15, 2026. In March a separate contract-related project narrowly focused on construction contract holdbacks was shelved after it was determined that questions about the current standard could be addressed through 'educational efforts.' The FASB issued a report in April seeking to fill in the gaps on applying revenue recognition guidance to construction contracts, CFO Dive previously reported. Looking ahead, the FASB expects to issue seven pending high priority or technical agenda projects by the end of the year, according to a Q2 2025 report from FASB Chair Richard Jones. The board has directed the staff to draft final ASUs on several topics including software costs, government grants and derivatives. Recommended Reading FASB pursues agenda refresh
