Beacon Hill a Pacesetter - Fourth Year Running

May 1st, 2009

Beacon Hill was honored last month as one of the region’s fastest-growing private companies by the Boston Business Journal at their annual Pacesetters event.

The BBJ surveys private companies across the region, considering only those that have demonstrated significant revenue growth over a four-year period, and awards the top sixty (60) with the distinction of Pacesetter. BHSG achieved the #28 spot for 2009, the #17 spot in 2008, the #5 spot in 2007 and the #8 spot in 2006.

Additionally, BHSG was called out as one member amongst an exclusive list of five companies which have appeared on the BBJ’s Pacesetters list for the past four years in a row.

“It was especially rewarding to be honored four years in a row,” remarked Andrew Wang, CEO. “As the BBJ looks at revenue growth over a four-year period, achieving a spot becomes increasingly more difficult each time you make a list.”

To be eligible for consideration this year, companies had to be privately held and must have had at least $500,000 in 2006 revenue or $10m in 2008. Beacon Hill's revenue—listed at just under $46m for 2008—increased just over 57% between 2006 and 2008 and over 158% between 2005 and 2008. The largest company to make the list, a successful healthcare company in Cambridge, listed a 2008 revenue of $215m.

This is BHSG’s second recognition by the BBJ thus far in 2009, having ranked #4 on their list of the “Area’s Largest Executive Search Firms” back in April.