High Impact Program identifies Louisville’s top fast-growth companies
LOUISVILLE, KY (April 12, 2011) – eBridge, a leader in fully managed reverse auction procurement services, was recently named to the High Impact Portfolio as one of the top fast-growth companies headquartered in the Metro Louisville Region. The High Impact Program, a public/private partnership between Louisville Metro Government and Greater Louisville Inc.’s (GLI) ENTERPRISECORP, introduced the newest companies selected to the High Impact Portfolio during ENTERPRISECORP’s Signature Event today.
“Fast-growth companies are critical to the continued economic success of our region,” said Bobby Ferreri, Executive Director of ENTERPRISECORP. “The High Impact Portfolio honors those businesses poised to lead our community in job growth over the coming years, and it was exciting to see the variety in this year’s companies.”
eBridge provides fully managed reverse auction procurement services, delivering an average net savings of 14% on purchases and creating efficiencies in procurement operations. eBridge significant growth over the past twelve months is due to an infusion of capital and the addition of seasoned leadership to drive revenue and expand market share.
“It is an honor to be recognized as one of the fast-growth companies in Louisville,” said Jim Headlee, CEO. “We are poised for continued growth thanks to a robust service offering and our team of procurement professionals that lead customers deliver savings and drive efficiencies for our clients.”
The High Impact program strives to nurture the prosperity of Greater Louisville’s growth businesses. Initiated in 2003, the program identifies companies meeting specific criteria, which are then named to the High Impact Portfolio.
Collectively, High Impact Portfolio companies represent $2.3 billion in annual revenues; have a 36 percent average growth rate; have created nearly 3,000 new jobs in our region; and have invested $438 million over the last four years.
Founded in 2002, eBridge Business Solutions, LLC provides fully managed reverse auction services, creating efficiencies and delivering hard dollar savings to the customers’ bottom line. Leveraging years of experience in purchasing, sourcing and spend management, eBridge creates meaningful value for our customers through leadership in reverse auction procurement and process change consulting. For more information, visit: www.ebridgeglobal.com.
About the High Impact Program
The High Impact program strives to nurture the prosperity of Greater Louisville’s growth businesses. The High Impact Program is a public/private partnership, funded by Louisville Metro Government and administered by GLI’s ENTERPRISECORP, that identifies and serves fast-growth companies, companies with the potential for fast growth, and those companies that enable growth in others. The program focuses on companies of these types headquartered in Louisville that have a disproportionately higher impact on the metro area economy. For more information on the High Impact Program, visit www.HighImpactLouisville.com.