The 29th Annual SMU Cox Dallas 100™ Awards Ceremony and Banquet was held at the Omni Hotel on Thursday, November 21 in downtown Dallas.
The Cox School’s Caruth Institute for Entrepreneurship ranks the top 100 Dallas privately-held entrepreneurial companies annually based on percentage growth and absolute dollar growth over the previous three years. The Institute, working with the accounting firm BKD LLP CPAs and Advisors examined sales from hundreds of companies for 2016 to 2018, the last year for which complete data is available. The winners represent a broad spectrum of Dallas-area businesses. The ranking of the top 100 fastest-growing companies was revealed at the awards ceremony.
STRAIT was grateful to be awarded this prestigious honor for the second year in a row. Firm representatives John Relton, Stacey Relton, Zain Lalani, Kris McGahey, and Gabe Antony accepted the award on STRAIT’s behalf. In response to the recognition, Zain a 4-year STRAIT employee and Director of the Hedge Fund Administration team said, "it is exciting for me to have been a part of such remarkable growth at the firm. I’m honored to have had the opportunity to cultivate my leadership style as well as be apart of my team’s professional development and growth over the years." Managing Partner, Stacey Relton punctuated, "I am so proud of the collective success of our firm. Together our team worked to create such impressive firm growth. With 98% client retention, bringing on new clients year after year, and extending current client relationships, it is exciting for our entire team. I am proud of what we have accomplished and the opportunities this growth has given us to create new jobs in the North Texas community as well as provide opportunities for each team member to grow in their career expertise and leadership abilities, while instilling a values-based approach to career advancement."
Dallas 100™, co-founded by the SMU Cox Caruth Institute, honors the ingenuity, commitment and perseverance of the fastest-growing privately held entrepreneurial businesses in the Dallas area. This year’s winning companies collectively generated 3.5 billion in sales in 2018, according to Simon Mak, the Linda A. and Kenneth R. Morris Endowed Director of the Caruth Institute for Entrepreneurship at SMU Cox. Collectively, the companies grew at an average annual growth rate of 82 percent from 2016 to 2018. Together, they created almost 7,000 jobs in that same period.
“These companies are the unsung heroes of the Dallas-area economy,” said Mak. “They are entrepreneurial dynamos, creating products and/or services that in turn create jobs and generate income for their owners, not to mention the millions of dollars they collectively contribute to our economy. For almost three decades now, it has been our honor at the Caruth Institute of Entrepreneurship to shine the spotlight on the critical role of entrepreneurship in the DFW economy. Congratulations to this year’s Dallas 100™ honorees.”