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Software Company Makes List of Country's 500 Fastest-Growing Private Firms

Posted on: Tuesday, 18 October 2005, 21:00 CDT

By Dale Kasler, The Sacramento Bee, Calif.

Oct. 19--C&S Marketing is a hot company in a hot market. In fact, it's among the hottest companies in America.

The Sacramento company makes software and other tech tools to help mortgage lenders estimate property values and ferret out fraud.

C&S ranks 20th on Inc. magazine's annual list of the 500 fastest-growing private companies in the country. The list, which includes three other Sacramento-area companies, will be released today and will be available in the magazine's November issue.

The companies are ranked according to percent sales growth from 2001 to 2004. C&S' sales grew 2,314.6 percent, to $51.4 million, in 2004, Inc. said.

Even though the real estate market is cooling, co-founder and Chief Operating Officer Kraig Clark said the future looks bright. Mortgage lenders are always looking for ways to automate their systems and will look to C&S for help, he said.

"We're not that worried about the housing market slowing down," Clark said.

If anything, lenders will need C&S products more as the market falters, he said. "You're probably going to see more questionable loans," and C&S software can help lenders avoid problems, he said.

Founded eight years ago, C&S received a $50 million equity infusion from a Boston investment firm in January.

The other Sacramento-area companies on the Inc. list are AbsoluteHire, a Roseville human resources firm (No. 124); American Capital Financial Services, a mortgage company (No. 180); and RagingWire Enterprise Solutions, an information technology company (No. 216).

A total of 77 California companies made the Inc. list, more than any other state.

Meanwhile, two Sacramento-area companies made Forbes magazine's list of the 200 best small public companies in America.

Copart, a Fairfield-based company that provides a range of services to insurers and others needing to sell salvaged vehicles, was No. 118.

Waste Connections, the Folsom waste-removal firm, was No. 166.

Forbes said its list is based on an analysis of one-year and five-year financial results. Companies must meet other parameters, such as having a stock price above $5 a share.

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Copyright (c) 2005, The Sacramento Bee, Calif.

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Source: The Sacramento Bee

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