Merrimak Capital Company, the leading full service equipment management company and equipment lessor providing global solutions, today announced that it has been named by the Women’s Presidents’ Organization and American Express as a 2016 50 Fastest Growing Women-Owned/Led Companies honoree.
The Women Presidents’ Organization (WPO) is the ultimate affiliation for successful women entrepreneurs worldwide. Founded by Dr. Marsha Firestone in 1997, WPO is a non-profit IRC Sec. 501 (c) (6) organization, whose mission is to accelerate business growth, enhance competitiveness and promote economic security for multi-million dollar women-led companies through confidential and collaborative peer-learning groups.
“Recognition of our company by the prestigious Women President’s Organization is a tremendous tribute to our employees who work every day to maintain 100% satisfaction with our customers. In 2016 our revenues are anticipated to more than double above 2015 revenues and the growth is extremely exciting for the entire Merrimak Team,” said Mary Kariotis, President and CEO of Merrimak Capital Company.
“The 50 Fastest list exemplifies the vital role women-owned/led companies have in boosting the economy and enhancing overall job growth,” said Marsha Firestone, Ph. D., president and founder of The WPO. “We are pleased to partner with American Express to honor these powerful women and recognize their triumphs.”
Each year, The WPO receives hundreds of applicants for the 50 Fastest list. The widely-anticipated list generates significant media coverage all over the world. While applicants do not have to be WPO members, all eligible companies are ranked according to a sales growth formula that combines percentage and absolute growth. To be qualified for the ranking, businesses are required to be privately held, woman-owned or led, and to have reached annual revenue of at least $500,000.