MARIETTA, GA (Apr. 20, 2011) – Valuation Management Group, LLC (VMG) is pleased to announce that it has received the Atlanta Pacesetter Award from the Atlanta Business Chronicle and is now ranked 3rd amongst Atlanta’s 50 fastest-growing private companies that are taking business to the next level. VMG has quickly climbed the ranks as it placed 11th in 2010.
The 16th Annual Pacesetter Awards were held on April 15th at the Cobb Galleria in Atlanta. The companies that attended were recognized for their unconventional methods and rapid growth. The Atlanta Business Chronicle uses a weighted average growth index formula to determine rank. To qualify for this honor, the company must be privately held, based in the 20-county metro Atlanta area and cannot be a subsidiary of another company. Also, the company must have been established during the first quarter of 2008 or earlier (to judge a 2 year growth), and have experienced a two-year growth in sales of more than 50% and 2010 revenues between $1 million and $300 million.
Valuation Management Group has continued to grow exponentially as its revenue has grown 4,629 % and the number of employees has increased 1,766 % between 2008-2010. Some of the main factors that have contributed to VMG’s growth are an increased sensitivity to an independent appraisal process and a need for quality appraisals. Additionally, referrals from current clients have aided in its growth. President/CEO of Valuation Management Group, Vicky Thompson states, “Valuation Management Group is honored to be recognized as the number 3 pacesetter from such a prestigious group of companies in a progressive city like Atlanta. Our success is directly related to the hard work and dedication of our employees to ensure that VMG takes the appraisal process from ordinary to extraordinary. I thank our clients for their loyalty and support.”
About Valuation Management Group
Valuation Management Group was established in 2006 with a vision of providing a partnership to community banks, mortgage bankers, credit unions, and wholesale lenders to offer an independent appraisal process. Specializing in residential, commercial, loss share, forensic reviews, REO/ Portfolio, FHA, EPA reports, (C.A.R.) Concise Appraisal Reports, S.M.A.R.T. (Specific Market Analysis of Real Estate Trends) Reports and Automated Valuation Models, VMG is a leading outsourcing solution in the real estate industry.