EDTS Named Among Fastest Growing Companies - Twice

Staff Report From Augusta CEO

Thursday, September 10th, 2015

 EDTS, a regional IT services company specializing in managed IT services, network security, and advanced infrastructure for Southeastern businesses, has been named to the two premier lists of rapidly growing businesses in South Carolina for 2015, according to company officials.  Both the Roaring Twenties and South Carolina’s Fastest-Growing Companies lists include EDTS among their 2015 honorees, organizers of the programs have announced.  EDTS’ specific rankings in the two competitions will be announced in October at separate ceremonies in Columbia, SC.
 
“Coupled with our sixth straight year on the Inc. 5000 list, this honor reflects the growing regional recognition of EDTS as an IT service provider that is committed to providing the highest level of support to a growing client base,” said Charles Johnson, CEO of EDTS.  "All of us at EDTS are proud to have earned this recognition and we are committed to keeping our clients’ business networks running at the highest levels of performance, security and efficiency.”
 
Twenty large companies and 20 small companies have been named to the statewide Roaring Twenties list presented annually by SC Biz News. This honor recognizes the state’s best-performing companies based on both dollar growth and percentage increases in revenue from 2013-2014.
 
To qualify for Roaring Twenties designation, companies must have a physical presence in South Carolina and be a for-profit entity or a nonprofit organization.  EDTS was honored in the Roaring Twenties Large Company group, which requires more than over $10 million in revenue.  The winners will be honored at an event on Oct. 28 in Columbia.
 
In the South Carolina’s Fastest Growing Companies 2015 competition, EDTS is one of a select few IT service providers among the statewide honorees, with the list seeing representation from logistics, financial services, construction, manufacturing, healthcare and software development organizations.  The awards are presented annually by The Capital Corporation and Scott & Company CPAs, among other sponsors.
 
From scores of entries spanning dozens of communities and industries, the companies were selected on the basis of revenue and employment growth in a process overseen by statewide accounting firm Scott and Company CPAs and investment bank The Capital Corporation. To be eligible for consideration, companies must:
 
·         Have been in operation for at least three full fiscal years
·         Have reported revenues of at least $3 million ($50 million in assets for financial institutions) in the most recent reported year.
 
Company rankings are based on the three most recently completed fiscal years at the time of nomination.  Nominees were judged on financial growth and employee growth over the three-year period from 2012 - 2014.  Scott & Company’s CPAs inspect company tax returns and federal employee tax filings to verify income and employment growth over the period.  Winners and final rankings of FGC honorees will be announced October 20th in Columbia.