August 13 2015
Allegiancy’s soaring performance lands it on the Inc. 5000 list of fastest-growing private companies
Richmond, Va. — Allegiancy has been named to Inc. magazine’s 34th annual Inc. 5000 list of fastest-growing private companies in America, ranking no. 2,486 on growth of 151 percent and revenue of $3.7 million.
Allegiancy is a fee-based, commercial real estate asset management firm based in Richmond, Va., that recently moved into new headquarters that doubled the size of its building as it anticipates further growth. Capitalizing on an innovative, technology-enabled and analytics-driven operating platform, Allegiancy maximizes value in its assets under management and delivers market-beating performance.
“In a nation with over 27 million private companies, it is gratifying to be honored as one of the elite Inc. 5000,” said Allegiancy CEO Steve Sadler. “Growth is not easy, and rapid growth is even harder. We are excited that our success has come to the attention of Inc. magazine and we are thrilled to be one of the Inc. 5000.”
The Inc. 5000 list represents a comprehensive look at the segment of the economy encompassing America’s independent entrepreneurs. Allegiancy joins companies such as Yelp, Pandora, Timberland, Dell, Domino’s Pizza, LinkedIn, Zillow and others that have been on the list.
The 2015 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 18 to September 22) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 490 percent. The Inc. 5000’s aggregate revenue is $205 billion, generating 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
Allegiancy’s specialty is game-changing insights undergirded with hard data and quantitative analysis. With a hands-on management team that personally visits properties, Allegiancy delivers strategic direction and tactical oversight to create value for clients.
“Allegiancy is a vibrant company with nearly 500 percent growth in the last year or so and we have only just begun,” Sadler said. “The honor of being included in the Inc. 5000 is both an acknowledgement of our success and an encouragement to do even more.”
The billion-dollar Allegiancy portfolio stretches across the U.S. Earlier this year, Allegiancy acquired TriStone Realty Management in Houston, Tex., in a deal that fueled Allegiancy’s 400 percent growth rate, adding $450 million in assets under management in nine states.
“Once the transaction is fully integrated into the Allegiancy Value Assurance system, it is anticipated that the initial acquisition will deliver increased revenues of approximately $2.5 million and bottom line profits of nearly $1 million,” Sadler said. “Over the three-year data analysis period our scheduled return on capital invested is expected to exceed 25 percent per annum.”
“We have added more than 10 new jobs in the last year and it is very exciting that Inc. 5000 took notice,” Sadler said. ”We are looking to continue growing and hiring lots of talented young people and a handful of senior folks to help us double or triple in size in 2016.”
Allegiancy is changing the business of asset management for commercial real estate owners and investors. With a technology-enabled operating platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor to a poorly understood business. Combining its proactive Value Assurance operational rigor with an intense focus on cash flow and profitability, Allegiancy is expanding on a track record of more than four decades of success.
Headquartered in Richmond, Va., and led by a team of experienced professionals, Allegiancy’s management systems have allowed their properties to outperform their real estate investment trust (REIT) peers by 45 percent since 2006. Allegiancy is well-known for delivering attractive returns and profitable, hassle-free investments in commercial real estate.
Since 2014, the company has expanded its assets under management by 400 percent with a combination of organic growth and corporate acquisitions. Allegiancy plans to accelerate this growth by acquiring more companies, securing additional asset management contracts, hiring more employees, and continuing to improve its proprietary technology for the benefit of property owners.
Allegiancy is also poised to raise at least $30 million in capital this year through a public securities offering under the SEC’s new Regulation A, with plans to double the number of its employees and increase assets under management from $1 billion to $5 billion. The new regulations increase the maximum amount a private company can raise from $5 million to $50 million a year. More information about Allegiancy may be found at www.allegiancy.us.
To schedule an interview with Allegiancy’s leadership, contact Audrey Bevel at firstname.lastname@example.org, or 866.842.7545 ext. 204, or (804) 201-7161.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Allegiancy, LLC’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the offering circular dated January 14, 2014 and filed by the Company with the U.S. Securities and Exchange Commission on January 15, 2014. The offering circular, and any supplements or updates thereto, is available on the EDGAR system located on www.sec.gov.
The foregoing does not constitute an offer to sell or a solicitation of an offer to buy securities, and no money or other consideration is being solicited hereby, nor will be accepted. An offer to purchase or a solicitation of an offer to buy the securities can only be made or received and accepted once an offering statement is qualified by the Securities and Exchange Commission as exempt from the registration requirements of the Securities Act of 1933 (the “Act”), as amended, pursuant to Section 3(b)(2) of the Act. Any such offer to purchase securities may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of its acceptance given after the qualification date of the offering related thereto, and any indication of interest to purchase securities involves no obligation or commitment of any kind.
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