Vision Critical's great roll continues….

CEOs with prior wins seem to have a high chance of repeating their successes.

I know that we’ve crowed about Vision Critical’s success in the past (see prior posts “Six of the Deloitte Technology Fast 50 backed by WF” Oct 1-09 and “Vision Critical Celebrates Record Profits for 2009” Feb 19-10). Although it was one of our earliest deals in Wellington Financial Fund III, there’s still a place in our hearts for this amazing team. According to a recent company release, 2010 revenue is expected to hit $70 million. For the first six months of 2010, the top line grew 43% over the same period in 2009.

Sales and services staff in Europe have tripled so far this year. Total employment hit 450 recently. A far cry from the 30 employees working with CEO Dr. Angus Reid in Vancouver back in October 2006 when we wrote our first cheque. With 50 new corporate clients this year alone, there’s no end in sight.

And no, dear i-bankers, I have noooooo idea if they’re taking any calls right now regarding the scheduling of an IPO Beauty Contest. Too much to do I suspect. However, if your firm needs a proprietary market research panel commissioned….

MRM