Onepath Systems Rated #18 on Atlanta Business Chronicle 2010 Pacesetters List
..............................................................................................................................................................................From Atlanta Business Chronicle
In a time of economic uncertainty, the 2010 Atlanta Business Chronicle Pacesetters have raced past the competition — displaying innovativeness and determination.
To qualify, the business had to be privately owned, based in the 20-county metro Atlanta area and not be a subsidiary of another company. It had to have been established in the first quarter of 2007 or earlier; experienced a two-year growth in sales of more than 50 percent; and garnered revenue between $1 million and $300 million in 2009.
Companies are ranked by a growth index formula, used to even the field among businesses of various sizes. The revenue and employee growth indexes are the percent change from 2007 through 2009 multiplied by the absolute change for the same years. A company’s average employee or revenue growth index is the growth index divided by the average growth index of all the companies that qualify. The weighted average growth index is a company’s average employee index score, plus its average revenue index score. Employee growth was weighted 40 percent and revenue growth was weighted 60 percent. Subscribers can read more – click here.
Onepath Systems provides systems integration services, including professional data services and hardware, audiovisual, fire alarm, security and cabling systems. Founded in 2006 by several former partners of Suntech Systems Inc., an Atlanta-based systems integrator, Onepath experienced revenue growth of approximately 191 percent in 2009.
Onepath’s biggest obstacle through growth has been the lack of adequate capital to fuel future growth. Amid the difficult economy, Chief Financial Officer Jeff Spranger said disciplined cash management and sound accounting principles help the company maintain a strong balance sheet with low levels of debt. “We certainly see our growth continuing at mid-to-high double-digit rates,” said Bob Catanach, vice president of operations.
























