Montreal, Canada (October 25, 2011)–As the result of the company’s stunning five-year 2,622% revenue growth, performance media platform provider Acquisio was named the 46th fastest growing company in Deloitte’s annual North American Technology Fast 500. The Fast 500 ranks the 500 fastest growing companies throughout North America in the technology, telecommunications, life sciences, and clean technology sectors.
Additionally, Acquisio was also named the 9th fastest growing technology company in Canada in the Deloitte Technology Fast 50. The Deloitte Technology Fast 50 ranks Canadian technology companies based on their percentage of revenue growth over the past five years.
Acquisio’s inclusion in both lists results from the company’s continued focus on helping agency marketers better buy, track, manage, optimize and report on their clients' search, social, and display advertising campaigns. The recognition is the latest in a series of positive news for the company, including the recent completion of a $12.1 million round of Series B funding and the expansion of its offices and staff in the UK.
"Our growth speaks directly to our company’s laser-like focus on delivering value to digital and interactive agencies," said Marc Poirier, co-founder and CMO of Acquisio. "Being named one of the top 50 fastest growing technology companies on the continent is a huge honor for us, and a credit to the talented and hardworking staff at Acquisio. As we continue to grow the business and expand our operations both here and abroad, we are confident that our commitment to agencies will create even more opportunities for growth and success."
ACQUISIO EXCELS AT ‘FOSTERING INNOVATION AND CHANNELING IT INTO SPECTACULAR GROWTH’
“Acquisio, like all 2011 Technology Fast 500 companies, have excelled in fostering innovation and channeling it into spectacular growth against the backdrop of one of the most challenging economies in history,” said Eric Openshaw, vice chairman and U.S. technology, media and telecommunications leader, Deloitte LLP. “Deloitte recognizes Acquisio for its remarkable accomplishment.”
"We are pleased to honor Acquisio as one of the 2011 Technology Fast 500," said Mark Jensen, managing partner, technology and venture capital services, Deloitte & Touche LLP. "As one of the fastest growing tech companies in North America, Acquisio has demonstrated technological innovation, entrepreneurship and rapid growth."
‘AN EXAMPLE OF THE DETERMINATION, DRIVE AND SKILL’ NECESSARY FOR FURTHER SUCCESS
“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery,” said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Acquisio is an example of the determination, drive and skill that will serve to position the company for further growth and success in the years to come.”
For 14 years, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
About Deloitte’s 2011 Technology Fast 500
Technology Fast 500, which was conducted by Deloitte & Touche LLP, a subsidiary of Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies "both public and private" in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2006 to 2010.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have a base-year operating revenue of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of 5 years, and be headquartered within North America.
About the Deloitte Technology Fast 50
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 candidate), Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies), and the Deloitte Technology Green 15 Awards (Canada’s leading GreenTech companies that promote a more efficient use and re-use of the earth’s resources in industrial production and consumption). Program sponsors include Deloitte, Gowlings, Wellington Financial, TMX Group, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.
The leading performance media platform for agencies, Acquisio helps agency marketers buy, track, manage, optimize, retarget, and report on media across all channels' including search, display, and social media.
Acquisio provides the industry-leading technology for agencies buying ads on any online channel, allowing them to handle all tasks associated with performance advertising, from ad purchase through conversion tracking and beyond, within a single integrated platform. Unlike other solutions, Acquisio hosts its own third-party ad server and employs a single tracking functionality across channels, allowing agency marketers unparalleled conversion and revenue attribution modeling and reporting capabilities.
With more than 2,800 users and 7,000 brands under its management, Acquisio is the multi-channel marketing solution preferred by the world's leading advertising, marketing, and SEM agencies. Agency clients include large agency holdings such as WPP, Omnicom, IPG and Publicis; as well as some of the world's most recognized performance media companies such as Amaze, Bertelsmann, Cossette, DAC Group, Guava, iProspect, Isobar, Media Experts, NetBooster, PhD, and Yellow Pages Group.