PRINCE WILLIAM COUNTY — (Press Release) Prince William County Department of Economic Development congratulates TechAnax LLC, a Serviced Disabled Veteran Owned Small Business (SDVOSB) professional services firm, on its business innovation and achievements in 2018.
For the second year in a row, TechAnax was recognized by Inc 5000. The company climbed to the #22 spot in the Top 25 Inc 5000 businesses in America, edging up from #29 in 2017, with a 4-year growth rate of 9,508%. TechAnax was also ranked 2nd out of the 290 Virginia companies that made the list.
“We applaud innovators of business and congratulate all those involved in the company’s success,” said Chris Price, Prince William County Deputy County Executive and Interim Executive Director, Department of Economic Development.
“National recognition, as well as recognition right here in Greater Washington, is a testament to successful enterprise growth in Prince William County and underscores the advantages of doing business here.”
“In short, 2018 can be summed up as unbelievable for TechAnax,” shared Byron Athan, Chief Executive Officer, TechAnax. “We have seen tremendous growth and fantastic numbers, which have occurred thanks to our dedicated Prince William County-based workforce delivering quality solutions and building customer relationships.”
TechAnax, was also recognized as the 2nd Fastest Growing Company in Greater Washington in 2018, by the Washington Business Journal. In order to qualify, each company had to be headquartered in Greater Washington, as well as be privately and independently owned. Companies also had to achieve revenue growth each year between 2015 and 2017, with revenue of at least $2 million in 2015, and at least $10 million in 2017. Seventy-five businesses were ranked by the average percentage growth in revenue over the three-year period, according to the Washington Business Journal.
Prior to this, TechAnax achieved 4th place as one of the Washington Technology Fast 50 in which, Washington Technology ranked the fastest-growing small businesses in the government market, according to compound annual growth rate from 2013 through 2017.
