AUSTIN, TX (August 26, 2016) –
As Hellas continues to develop advanced sporting surfaces and delivery methods, the company’s project reach and revenue continues to grow as well. Schools, universities, and communities are not the only ones to take notice of Hellas’ exponential growth. As of August 2016, Hellas has earned a well-deserved position on the 2016 Inc. 5000 list.
The Inc. 5000 is a well-respected, annually published list of the 5000 fastest-growing private companies in the US. The 2015 Inc. 5000 list includes private companies with growth increases ranging from more than 43% to 100,000%. Since inception in 2003, Hellas has had a revenue growth of more than 8,000%, with steady growth every year.
“The 2016 Inc. 5000 are the superheroes of the U.S. economy,” describes the Inc. 5000 website. “America’s fastest-growing private companies wield powers like strategy, service, and innovation. On this list you’ll find business that exercise the body and the mind, push the boundaries of virtual reality and 3-D printing, and delight fans with rock concerts and…superheroes.”
To qualify as a potential member of the Inc. 5000 list, companies must be independent, privately owned, and in the US. The company’s revenue in 2012 must have been no less than $100,000 and no less than $2,000,000 in 2015. The company must have begun earning revenue by the end of March 2012 with a steady increase in revenue since inception. Other recognizable members of the Inc. 5000 list include Suja Juice, Bounce Exchange Software Company, Dollar Shave Club, and Orangetheory Fitness.
Hellas, and President and CEO Reed J. Seaton, is no stranger to growth. Seaton was an Ernst & Young’s Entrepreneur of the Year 1995 finalist, and was the winner in the Emerging Business category in 1996. The Austin Business Journal recognized Hellas in 2010 as one of the fastest growing companies in central Texas. Hellas was also awarded SportsField Management’s 2015 Field Builder of the Year Award. For the 2016 year, Seaton was nominated for the Ernst & Young Entrepreneur of the Year Central Texas Area Award.
In conjunction with revenue growth, Hellas has expanded office locations. In November, a satellite office in West Boca Raton, FL., was opened, and a Frisco, TX. office will be opening at the end of this month. “As demand increases, Hellas sees this as a great move that will allow for further growth moving forward,” said Seaton.
Hellas’ continued growth can be attributed to the company’s unique approach to the field of sports construction. Beginning with complete control and ownership of the supply chain, all sports surface products used by Hellas construction are hand-selected for optimal quality and durability. In addition, Hellas is constantly staying at the top of the sports surface industry by developing advanced technologies and systems to enhance the playing experience for athletes worldwide.
Hellas has added the exclusive all-organic Geo Plus infill to their line of products, an alternative to the traditional crumb rubber infill that is commonly used with synthetic turf systems ; Cushdrain elastic layer, which aids in the safety of athletes upon impact of a sports surface; and multiple other product advancements that are years ahead of the industry. In 2015, Hellas focused heavily on Design-Build projects and services, which allows clients to maximize investment by employing Hellas as the single contractor from start to finish. Hellas projects continued growth in upcoming years in terms of revenue, client reach, and product development, to stay at the top of the game in sports construction and artificial surfaces.
Hellas, along with other members of the 2016 Inc. 5000 list, will be recognized at the annual Inc. 5000 event from October 18-20 in San Antonio, TX.