Fast-growing SCV businesses recognized on Inc. 5000 list

Lief Labs hosts students prepping for careers in biotech, health science and medical tech on Friday, May 17. Courtesy of SCV News

Eight Santa Clarita Valley-based companies have been named to Inc. Magazine’s 2019 Inc. 5000 list, which identifies private companies in the U.S. that have had the highest percentage of growth in annual revenue over a three-year period, from 2015 to 2018.

Ranked No. 290 on the list, Hennessey Consulting, a legal marketing firm in Valencia, assists law firms in driving more traffic, leads and cases from web searches. In the last three years, the firm has seen a 1,522% growth and annual revenue of $2.6 million in 2018.

Hardcore Fitness Boot Camp in Santa Clarita, a fitness gym that began as an outdoor boot camp, was ranked No. 506, jumping up from their ranking of 962 last year. The company has 863% three-year growth, and in 2018, earned revenue of $9 million.

Beverly Hills Teddy Bear, a Newhall toy manufacturer that specializes in custom toys, gifts and plush, was ranked No. 1,016, with 415% three-year growth and $50.4 million in revenue in 2018, which is a significant increase from last year’s ranking of 4,535.

Larry Nolan, founder of Hardcore Fitness, began personal training at age 16. Austin Dave/The Signal

Lief Labs in Valencia, which was ranked No. 1,022, manufactures private label dietary supplements, while helping clients develop new products and launch their brand. With $50.1 million in revenue last year, they’ve seen a 413% growth over the last three years.

At No. 1,665, Scorpion in Valencia is a full-service internet marketing firm that provides web design, search engine optimization, social media management and analytics. The firm, which has been on the list for nine years running, has seen a three-year growth of 246% and $253.9 million in revenue in 2018.

Agilisium Consulting in Stevenson Ranch, ranked No. 1,873, provides cloud and data tracking as well as analytic services. In three years, the firm has seen a 216% growth and revenue of $13.8 million in 2018.

Med Tech Solutions, which provides health-care cloud computing services, moved operations to Valencia a couple of years ago, and was ranked No. 2,577 this year with a 152% three-year growth and 2018 revenue of $16 million.

Ranked No. 4,252, KRG Technologies in Valencia provides information technology services. This company has crept up the list from No. 4,795 last year, with a 72% three-year growth and $91.4 million in revenue in 2018.

Adel Villalobos, CEO and Founder of Lief Labs, attends the 2019 Inc. 5000 Gala to celebrate Lief’s rise to 1,022 on the Inc. 5000 list of America’s fastest-growing, privately held companies. Courtesy

Adel Villalobos, CEO and founder of Lief Labs, attended the 2019 Inc. 5000 Conference and Gala in Phoenix last week, which featured more than 40 speakers and 20 sessions to provide attendees with business insights to continue increasing their growth.

“Lief Labs’ rise on the Inc. 5000 list is a testament to our firm’s exciting growth story as we continue to increase our year-over-year sales and provide innovative products and excellence in service and standards to the dietary supplements industry,” Villalobos said in a prepared statement Tuesday. “Lief’s success and momentum could not have been achieved without the hard work and commitment of Lief’s talented team of people and our highly valued client partners.”

From $14 million in revenue in 2016 to more than triple that in 2018, Lief Labs is projecting $54 million in annual sales for 2019, according to the release.

“We are so pleased that these enterprising companies call the Santa Clarita Valley home,” said Holly Schroeder, president and CEO of the SCV Economic Development Corp. “It’s a testament to the strength and creativity of our business community. We congratulate them on their success and we hope to see more SCV-based companies make the list next year.”

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