Fleet Advantage has been named to the American City Business Journals list of the fastest-growing privately held companies in the state of Florida. The company ranked 47 out of the 100 selected.
Ranked by percentage of growth over three years, The Business Journals listed Fleet Advantage No. 47, with percentage of growth more than 171 percent. The report notes Fleet Advantage’s company-wide revenue rose from $41.8 million in 2010 to $113.3 million in 2012. This is the inaugural Florida Fast 100 list.
In September, Inc. Magazine ranked Fleet Advantage No. 1428 among the nation's fastest-growing private companies on its 500|5000 list. For companies on the list with $100 million or more in annual revenues, Fleet Advantage ranked No. 68.
“Being recognized as one of the fastest-growing companies in Florida, and in the nation, speaks to the caliber of the team we have and the value we provide to our growing list of clients, which include a number of Fortune 500 companies with large private truck fleets,” said John Flynn, CEO of Fleet Advantage. “We’ve built a solid business model that captures data around all aspects of highway transportation equipment costs, combined it with a keen understanding of the marketplace and organized the information in a way that allows our clients to adapt to changing needs, make better decisions, and ultimately lower costs.”
Fleet Advantage serves the needs of Fortune 500 private truck fleets in North America by leveraging proprietary IT processes with the latest clean diesel technology to achieve the Lowest Cost of Ownership (LCO) for clients. In 2011, CEO John Flynn was awarded the Florida Ernst & Young Entrepreneur of the Year® award in the Emerging category. The award recognizes entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance and personal commitment to their businesses and communities.