Las Vegas-based firm Ascent Multifamily Accounting was named to Inc. magazine’s prestigious Inc. 5000 list, a distinguished ranking of the nation’s fastest-growing private companies. The firm was recognized for its impressive three-year revenue growth of 310 percent.
Ascent is No. 2094 in the Inc. 5000 of top companies. This is the second year that Ascent has been recognized in the Inc. 5000 after the firm was first named to the list last year. In the 2020 Inc. 5000, Ascent broke into the Inc. 500 list with an incredible 1,218 percent growth between 2016 and 2019.
“We are proud to be named once again to this select group of companies. This achievement is a reflection of our firm’s resiliency and hard work throughout 2020’s unprecedented challenges,” said Mike Ballard, partner at Ascent. “It is incredibly difficult for any company to achieve this honor twice, let alone two years in a row. We attribute our exceptional growth year after year to our partners and team members who are dedicated to providing our clients with the best experience possible.”
The 2021 Inc. 5000 represents a comprehensive look at the most successful companies within the American economy’s most dynamic segment — independent and small businesses, all of which showed notable growth between 2017 and 2020. To qualify, businesses had to generate a minimum of $100,000 in 2017 and a minimum of $2 million in 2020.
The firm is part of an elite group of businesses that have been recognized on the list over the years, including Intuit, Zappos, Under Armour, Microsoft and Patagonia.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” said Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people.”
Ascent is in its sixth year of operations, offering services exclusively to the multifamily industry. The firm provides a multitude of back-office services to allow property owners and third-party management companies to focus on their clients and business development. Ascent’s services include outsourced accounting and bookkeeping including management of the payables process, assisting with budgets, handling payroll and human resources issues, creating monthly financial reports, reconciling bank and mortgage accounts and preparing all year-end W-2s and 1099s. The firm also offers acquisition and due diligence services, business consultation and human resources administration.
Ascent currently provides accounting and back office services for more than 38,000 units throughout the country.
ABOUT ASCENT MULTIFAMILY
Ascent Multifamily is a consulting and outsourcing firm focused solely on the multifamily industry and currently manages the accounting for more than 38,000 properties throughout the country.
In 2020, Inc. magazine selected Ascent Multifamily in the prestigious Inc 5000 ranking of America’s fastest growing private companies. Ascent debuted as No. 374 with an impressive three-year revenue growth of 1,218 percent.