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ACE Consulting Company, Nicholasville, Kentucky: ACE Consulting

Company: ACE Consulting Company
Company Description: Founded in 2008 by our CEO Scott Arias, ACE Consulting Company is a construction consulting company in Kentucky. We have 30 employees across three locations and have received multiple awards on our community involvement and achievements as a company. From construction to security, we offer the competence, experience, and knowledge necessary to get your job done right.
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Materials & Construction - Medium
2023 Stevie Winner Nomination Title: ACE Consulting
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2021, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

    Written answers. 

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 173 words used.

    Founded in 2008 by Dr. Scott Arias, ACE Consulting is all about helping our clients achieve their goals. Since its founding, ACE has operated on three core values. We always do the right thing, we work with extreme urgency, and we always strive to be the gold standard within the industry. We realize we only succeed when our clients do. From construction to security, we offer the competence, experience, and knowledge necessary to get your job done right. We have 30 employees across three locations and have received multiple awards on our community involvement and achievements as a company. We offer field staffing, pre- construction services, training services, security services, certification services, and overall Division One Services. As a company, we have worked closely with numerous commercial and governmental agencies, including the Department of State, the Navy Facilities Command, Amazon, VW, the General Services Administration, and the Army Corps of Engineers. With these agencies, we have supplied management staffing/ preconstruction services on projects with magnitudes ranging from $10,000 to $100,0000,000+.  

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 236 words used.

    ACE has grown exponentially in the last few years. We have added two entire sectors to our company and with that, we have hired on two new teams of people. We hired on two new members of the management team to help manage these new team members and to keep the big picture in focus for these growing sectors. We have continued to grow almost 20% in profit and revenue year over year, including 21% growth in 2021 and 27% growth in 2022. The leadership change ACE went through at the beginning of 2021 directly influenced our success in the coming months and years. In 2008, the total revenue for ACE was $7K, and at the close of 2022 the revenue grew to nearly $18M in professional services and with over 100 staff. Additionally, to keep everyone focused, we started keeping a scorecard and putting up a weekly dashboard to keep everyone tuned into the ‘pulse’ of the company.

    [REDACTED FOR PUBLICATION] We made it a point in 2022 to extend our benefits package to include life insurance, wellness, maternity and paternity leave, and unlimited PTO. In addition, we have added the Employee Assistance Program and innovative wellbeing resources that any employee or spouse can contact at any time 24/7 - 365 days a year.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 220 words used.

    In the construction industry, COVID-19 greatly affected how much work was available and how the work had to be done. The social distancing guidelines and government shut-down greatly affected other companies in our industry and slowed the year over year growth for many of our competitors.  Many other companies in our industry have trended at a growth rate of 10-15% since the pandemic. Even since the pandemic, ACE leadership routinely sets profit and revenue goals 20% higher than the previous year. In implementing these guidelines for setting our goals, ACE has continued to grow at a rate of 20-25% every year.

    Of the 253 Construction Companies on the Inc. 5000 list of Fasted Growing Companies in the US, ACE Consulting placed in the 3,725 spot. We were also awarded the Stevie Award for Company of the Year for our Industry and Size category last year and we were voted the People’s Choice Favorite Company for our category as well. These awards show that ACE is the gold standard among our industry for our performance at work and our involvement with non-profit organizations to improve our community. Our founder has also received several awards and nominations for his achievements as an entrepreneur. This shows that ACE is the gold standard on all levels of our organization, including the highest level.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 26 words used.

    Inc. 5000 - https://www.inc.com/inc5000/2022

    Stevies Awards - https://stevieawards.com/iba/ace-consulting-company-llc-nicholasville-kentucky-usa-ace-consulting-company-llc

    Globee Awards - https://globeeawards.com/american-business-awards/winners/

    EY Finalist - https://www.ey.com/en_us/entrepreneur-of-the-year/east-central/finalists

Attachments/Videos/Links:
ACE Consulting
URL www.inc.com/inc5000/2022