Maesa ranked 35th on Deloitte’s Technology Fast 500, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.Maesa grew 4,639% during this period, according to the company.
Maesa’s Founder & CEO Gregory Mager credits organic growth, strategic acquisition and a unique turnkey beauty business model with the company’s 4,639% revenue growth. He said, “Since inception, Maesa has been revolutionizing the beauty industry by building exclusive brands and private label for major retailers and by being a one stop shop solution for beauty brands. This new business model, along with a strong and dedicated team, has been key in achieving strong development over the past five years. The market is only starting to consolidate so the confidence to achieve even better growth over the next five years is very high."
Overall, 2012 Technology Fast 500 companies achieved revenue growth ranging from 128% to 279,684% from 2007 to 2011, with an average growth of 2,774%, according to Maesa.