Ingrams July 2023

Corporate Report100

Propio Language Services Full-time employees: 124 No strangers to rapid growth, the translation-services team at Propio Language Services had propelled the Overland Park company to nine appearances on the CR100 before Marco Assis was named chief execu tive in 2019. Well, it turns out that when you talk about rapid growth, you’re speaking his language: Back-to-back years of record revenues for a company that specializes in translation services by video and phone, leveraging proprietary tech to provide a high-quality product at some of the best rates you’ll find in the translation-services sector. On top of that, it made five acquisitions during a 15-month stretch early in its tenure in 2021-22. The ability to incorporate those opera tions into the corporate model was key to improving the company’s margin and driving bottom-line growth. Its broad service line includes remote and in-person interpreting, business and legal document translation, and assessment of third-party interpreters. Since coming on board as a $7 million company with 10 employees in 2017, he’s led the charge that has swelled the staff size to 200. Full-time employees: 79 It has backed away—just a hair—from the glittering numbers that made it the King of the CR100 in 2021, but ponder this for a moment: Sethmar Transportation needed only two more years to triple the 2020 top line from that No. 1 appearance. A thriving—and growing—service line continues to keep the engines revved for this specialist in third party logistics. From full and less-than-truckload services to intermo dal and expedited freight to warehousing and drayage services and consolidated distribution, Sethmar is making the most of Kansas City’s growing position as the center of America’s logistical might. What helped keep the company on this growth arc? “Hiring the right people in the right position,” says CEO Ben Bolin. “Servicing our customers and acting as an extension of their own, we’ve been able to grow while other brokerages were having to let people go.” That knowledgeable staff of logistics professionals, the company says, are well-versed in what it takes to move raw materials, packaged and finished goods on behalf of some of the world’s largest manufacturers and distributors. It’s no secret that the nursing profession was upended in 2020 with the arrival of a global pandemic, and hospital executives desperate to staff their operations needed more nurses—stat. The travel nurs ing sector became an immediate, if costly, solution, allowing nurses to significantly increase the value of their care by taking short-term positions with health-care providers. Coming up on nearly 40 years in business at that point, Favorite Healthcare Staffing was almost uniquely positioned to seize an opportunity for explosive growth. That segment, however, was but one chapter of the growth story. Additional success factors came from providing staffing solutions in other allied health roles, direct-hire, and managed services options, disaster-level emergency response care, and other service lines. “In 2019, Favorite was a mature organization,” said CEO Christopher Brink. “It was really about waking up the organization and doing something great,” starting with taking care of its people first and focusing on providing superior client service. Sethmar Transportation 4 th Year Gross Revenue: Growth: 620.20% 2022: $109,458,850 2019: $15,198,336 Average Annual Growth Rate: 206.73% Favorite Healthcare Staffing 1 st Year Gross Revenue: 2022: $1,621,101,145 2019: $143,906,742 Growth: 1,026.49% Average Annual Growth Rate: 342.16% Full-time employees: 4,300 11 th Year Gross Revenue: Growth: 573.52% 2022: $96,478,000 2019: $14,324,470 Average Annual Growth Rate: 191.17%

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Bigger than the employee ranks of many companies themselves, the management staff at Favorite Healthcare Services oversees the work of 4,300 health-care providers and professionals nationwide.

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How do you build a culture that supports consistent fast growth? Part of the answer is to build team cohesion by getting out of the office, as with Sethmar Transportation events like this staff visit to Topgolf.

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(l-r): Chris Pesce, CFO; Brian Singer, CIO/CTO; Joe Samoszenko, Chief Revenue Officer; Tara Hill, Director of Human Resources; Marco Assis, CEO.

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I ngr am ’ s

July 2023

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