Company ranked among fastest-growing private companies in the Twin Cities metro area
MINNEAPOLIS, October 29, 2021 – The Minneapolis-St. Paul Business Journal released the list of Fast 50 companies in the Twin Cities, with Coherent Solutions securing a top spot of number 25 due to outstanding revenue growth of more than 67 percent from 2018 to 2020. The company’s most recent fiscal year reported revenue of nearly $77 million, centralized on software development services for its global clients.
“Our ranking in this year’s Fast 50 is representative of the high-quality work of our internal teams as well as commitment from our long-standing clients,” said Igor Epshteyn, CEO and President, Coherent Solutions. “We’ve been pleased to partner with so many companies through the COVID pandemic to help their businesses invest where necessary – business intelligence and analytics, cloud, DevOps, ecommerce, mobile, and more – to compete in today’s marketplace.”
Coherent Solutions ranked #43 in 2020. 2021 nominations were sourced by the Minneapolis-St. Paul Business Journal. Requirements for nominated companies included: Independently owned, privately held, for-profit company, headquartered in the Twin Cities 24-county metro area and year-over-year revenue growth for each of the past three completed fiscal years.
About Minneapolis/St. Paul Business Journal: The Minneapolis/St. Paul Business Journal is a multi-platform media company providing in-depth coverage of local business communities and breaking news reaching more than 491,000 readers each week. Through print, digital products such as its twice-a-day emailed news digests and face-to-face events, the Business Journal offers business leaders many avenues for making connections and gives them a competitive edge locally, regionally and nationally. Visit us at mspbj.com to learn more.