For the 6th Consecutive Year, Caliber-The Wealth Development Company Appears on the Inc. 5000, Ranking No. 2598 With Three-Year Revenue Growth of 105 Percent
SCOTTSDALE, Ariz. (August 14, 2019) – With three-year revenue growth of more than 105 percent, Inc. magazine today revealed that Caliber-The Wealth Development Company has ranked No. 2598 on its annual Inc. 5000 list. The real estate investment company joins an elite group of businesses to make the list for six years in a row - a distinction earned by less than 3 percent of all honorees. The most prestigious ranking of the nation’s fastest-growing private companies, the list represents a unique look at the most successful organizations within the American economy’s most dynamic segment—its independent small businesses. Over the years, this rarefied group has included companies such as Microsoft, Timberland, Vizio, Intuit, Chobani, Oracle and Patagonia.
Caliber is a full-service real estate investment company that provides accredited investors and registered investment advisors with well-structured alternatives to traditional investments. The organization specializes in commercial, residential and hospitality properties with diversified and asset-specific options. Over the past ten years, Caliber has grown its private equity portfolio to more than $900 million in assets under management and in development across the Southwest.
“Being recognized by Inc. as one of the fastest growing companies in the country is truly an honor and a testament to our team’s dedication and hard work,” said Chris Loeffler, CEO and Co-Founder of Caliber-The Wealth Development Company. “Our founding belief that everyone deserves access to a build their wealth with real estate alternatives continues to shape Caliber into the market leader it is today.”
Not only have the companies on the 2019 Inc. 5000 (which are listed online at Inc.com, with the top 500 companies featured in the September issue of Inc., available on newsstands August 20) been very competitive within their markets, the list shows staggering growth compared with prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
Recently, Caliber has emerged as an early adopter and industry-leading expert in helping investors reduce their capital gains taxes with Opportunity Zone Investing and has raised more than $40 million in its Qualified Opportunity Zone Fund. The company is also is testing the waters for a Reg A+ Initial Public Offering set to launch in late 2019. To learn more, visit CaliberCo.com.
The annual Inc. 5000 event honoring the companies on the list will be held October 10 to 12, 2019, at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona. As always, speakers include some of the greatest innovators and business leaders of our generation. For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.
Note To Investors
This Press Release Is Provided Solely For Information Purposes And Does Not Constitute Legal Or Investment Advice. This Is Neither An Offer To Sell Nor A Solicitation Of An Offer To Buy Securities. While We Endeavor To Keep The Information Up To Date And Correct, We Make No Representations Or Warranties Of Any Kind, Express Or Implied, About The Completeness, Accuracy Or Reliability Of The Data And Summaries Contained In This Press Release Or The Suitability Of Any Separate Offering For Investors. There Are Risks Associated With Any Investment. In Making An Investment Decision, Investors Must Rely On Their Own Examination Of The Company They Wish To Invest In Including The Merits And Risk Involved. Any Forward Looking Statement Speaks Only As Of The Date On Which Such Statement Is Made, And We Undertake No Obligation To Update Any Forward Looking Statement To Reflect Events Or Circumstances After The Date On Which Such Statement Is Made. Please Contact Caliber Directly At 480-295-7600 For Further Information.
About Inc. and the Inc. 5000 Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, several companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc.reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
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