SAN DIEGO, Sept. 26, 2007 — San Diego-based equipment leasing firm Five Point Capital announced today that the San Diego Business Journal ranked Five Point Capital one of the region’s 100 fastest growing companies for the second consecutive year. The company ranked No. 11 on the 2007 list of San Diego’s 100 Fastest Growing Privately Held companies. The publication hosted an invitation-only event honoring the VIP companies on September 20 at the Westgate Hotel. The 100 firms were ranked by percent of verified revenue growth from 2004 to 2006. In the category of largest employers within the 100 selected, Five Point Capital ranked No. 15 with 182 employees (based on local full-time employees in 2006.) This achievement follows Five Point Capital’s recent No. 384 ranking on the 2007 Inc. magazine Inc. 500 list.
According to the San Diego Business Journal, 8,466 people were employed by all of the companies on the list. The total revenue generated by the 100 companies was $4.6 billion. Five Point Capital posted 317.6% growth in revenue from 2004 to 2006.
"It is a distinct honor to be one of San Diego’s 100 fastest growing firms two years in a row. At Five Point Capital we understand that it’s the combination of leadership and vision that secures our future growth. Our management team and employees are dedicated to one-on-one enthusiastic customer service. We strive to provide quality leasing products so that other companies may also achieve award-winning success," said co-CEO Dan Feder.
About Five Point Capital
Emerging as one of the nation’s leaders in small ticket leasing, Five Point Capital (FPC) was co-founded by David Gilbert and Dan Feder in 1999 on the principle that "leasing can help any company grow." Currently the San Diego-based firm employs over 180 and occupies 30,000 sq. ft. at 10525 Vista Sorrento Parkway in San Diego. Five Point Capital serves thousands of businesses nationwide, and has doubled revenues annually since its inception. Small businesses benefit with their high-performance customer service and personal attention. An Inc. 500 company for two consecutive years, Five Point Capital ranked No. 82 in 2006 and No. 384 in the 2007 Inc. 500 America’s Fastest Growing Private Companies. The company is a member of the Equipment Leasing and Financing Association and the United Association of Equipment Leasing. Visit http://www.fivepointcapital.com. For more information, call (888) 576-4685.
Contact:
Tom Brainerd
(888) 576-4685 x220
