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AbacusNext Makes Prestigious Inc. 5000 List for Fourth Consecutive YearSAN DIEGO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- AbacusNext®, the largest Technology-as-a-Service (TaaS) provider for the professional services sector, has been named to Inc. magazine’s 37th annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. AbacusNext earned its fourth consecutive ranking with a 701% growth rate over the past three years, climbing nearly a hundred spots to #709 overall, and #16 in the IT System Development category. “It is a tremendous achievement to make the Inc. 5000 list four years in a row. The sustained pace of our growth is a testament to the value proposition we deliver for our clients,” said Alessandra Lezama, AbacusNext CEO. “Our fully managed technology solutions liberate legal and accounting professionals from the burdens of regulation, compliance, and cyber security—allowing them to keep their focus on growing their practices.” A perennial leader in the legal technology sector, over the past eighteen months AbacusNext has accelerated their market strategy by entering the accounting firm management and document automation spaces. After five acquisitions of industry leading solution providers, including Cloudnine Realtime, OfficeTools, and HotDocs, AbacusNext offers the most complete portfolio of turn-key technology solutions available, serving over 1.5 million professionals worldwide. “The demand for our solutions shows that professionls everywhere, more than ever before, are taking action to secure and sustain their practices,” Lezama concluded. “We’re honored to be their trusted technology partner.” The companies on the 2018 Inc. 5000 have shown staggering growth compared to prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000. “If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.” About the Inc. 5000 About AbacusNext About Providence Equity Partners Contact: 858-529-0018 [email protected] |