San Antonio, TX

San Antonio business ranks 9th on Fortune list

Ash Jurberg

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This week Fortune released their 2021 ranking of the nation’s 100 fastest-growing companies. The list ranks companies based on a number of factors, including revenue growth rate, earnings per share growth rate, and three-year annualized total return for the year ended June 30.

While eight companies based in Texas made the list, San Antonio had the highest-ranked Texan company. Victory Capital ranked as the 9th fastest growing business in the United States.

Texas Governor Greg Abbott was quick to take to Twitter to show his pride for the Lone Star state. He posted, " Texas offers room for businesses of all sizes to grow—and succeed! In fact, across every region of Texas, innovative startups are growing alongside the world’s biggest brands, including nearly 50 Fortune 500 corporate headquarters."

The San Antonio business that came 9th

Victory Capital Holdings is a diversified global asset management firm with $159.9 billion in assets under management. It has approximately 450 employees across 12 offices in the U.S. and abroad but has its corporate headquarters in San Antonio.

We are honored that our accomplishments as an organization are being recognized by Fortune. We are grateful to our clients and shareholders for their continued trust in us and thank our employees for the work they do every day to deliver for our investors. This recognition would not be possible without their dedication to investment excellence and commitment to exceptional service.” David Brown, Chairman and CEO of Victory Capital

Other Texas companies that the top 100 fastest growing company list include:

  • Green Brick Partners based in Plano came in 19th
  • Jacobs based in Dallas placed 34th
  • LGI Homes based in The Woodlands ranked 54th
  • Spirit of Texas Bancshares based in Conroe was in 62nd place
  • IES Holdings from Houston was 67th
  • Veritex Holdings based in Dallas was next in 68th place
  • Addus HomeCare, based in Frisco, rounded out the Texan companies and came in 93rd place.

It is great to see that these Texan companies have performed so well despite the trying conditions of the last twelve months.

Readers, have any of you worked at Victory Capital in San Antonio? What was the experience like?

As always, please leave your comments in the section below.

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