Vaco Los Angeles - Fastest Growing Company of the Year

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Company: Vaco Los Angeles, Los Angeles, CA, USA
Entry Submitted By: Strategies
Company Description: Vaco Los Angeles is a leading consulting and staffing firm for accounting, finance and technology professionals.
Nomination Category: Company/Organization Awards Categories
Nomination Sub Category: Fastest Growing Company of the Year – More Than 10 Employees

Nomination Title: Vaco Los Angeles - Fastest Growing Company of the Year

Describe for the judges the activities and accomplishments of the nominated organization since the beginning of July last year (up to 500 words). Begin your essay with the following two figures, in percentage terms: Year over year revenue growth: Year over year employee growth:

Vaco Los Angeles LLC, a firm specializing in consulting and executive search, has experienced significant organic growth and an exciting track record of success both in terms of revenues and customers, and in the expansion of its unique business model.

Vaco’s vision and unique culture have led to impressive growth and achievement. Vaco’s key accomplishments over the past year include:

•Vaco is #1 Best Place to Work in Los Angeles, becoming the only company ever to be a three-time #1 winner (2012, 2011 and 2009).

•Vaco’s revenue has grown by 2500% since inception, increasing from 0 to over $22 million in six short years.

•Its client and consultant base has increased by 3500% percent.

•It has expanded its staff by 200% percent.

•The company has placed over 1,000 people in jobs since the firm began in 2006.

•Vaco is an industry thought leader and was featured on Fox Studio 11 as a leading Los Angeles business.

•Vaco has been quoted as a hiring expert in such leading publications as BNET, the Los Angeles Business Journal, and CalCPA Magazine, and Vaco executives have spoken at such prestigious industry associations as Financial Executives International on hiring and employment trends.

•Vaco managing partner Frances Moreno has been named Finalist for Women Making a Difference Award, CalCPA Women to Watch, Stevie Awards’ Entrepreneur of the Year finalist in 2011, and Latino Business Awards.

•Vaco partners were named Finalists for the Best Management Team in the Women in Business Awards.

•Vaco CFO was named Finalist for the CFO of the Year Awards.

Vaco plays a significant role in identifying consulting projects and direct hire positions and has achieved great success despite the challenging job market. Vaco has helped skilled people who found themselves jobless last year to become gainfully employed in a professional role despite slow overall job growth in the U.S. Vaco is especially renowned for championing a work environment conducive to work/life considerations.

Vaco is uniquely positioned to see signs of economic growth before economic forecasts do since finance and technology positions, both project-based and full-time, are often added in anticipation of company growth and new initiatives. As a result, Vaco has been on the leading edge of market growth in its sector.

In its focus on placing professionals in jobs, Vaco aims to not only help others to meet their career goals, but also helps them achieve better, richer, more interesting and balanced lives. Vaco allows employees to telecommute, set their own hours and even work part-time positions.

Vaco’s vision is to help individuals manage a growing career, overcome volatile market and industry changes, and maintain a successful long-term career path while taking time and consideration for family, hobbies, and other life interests. This driving vision has resulted in notable growth and invaluable industry recognition through numerous awards.

Provide a brief biography of the person or persons who lead the nominated company (up to 100 words):

Anchor partner Frances Moreno founded Vaco Los Angeles in 2006. Vaco is a consulting and executive placement firm specializing in technology, and accounting and finance professionals. Frances earned her CPA license after completing her Bachelor’s degree in accounting with a Spanish minor at Cal State University, San Diego. Frances is a former Rotary Foundation Ambassadorial Scholar to Madrid, Spain. Previously, she worked for Deloitte, the State of California, an ERP software company, and an S&P 500 staffing company. She’s a member of Vistage, Women's Presidents Organization and Financial Executives International, and serves on the Kidsave board of directors.

The CEO (or other principal manager) of this company is a woman, and at least 40% of the management team is comprised of women.