News: Brokerage

Passero named to Hot Firm list by ZweigWhite

Management consulting and research firm ZweigWhite has identified Passero Associates, Inc. a full-service professional consulting firm headquartered in Rochester, NY as one of the 200 fastest-growing architecture, engineering, and environmental consulting firms in the U.S. and Canada for its annual ranking, The Zweig Letter Hot Firm List. This annual list features the design and environmental firms that have outperformed the economy and competitors to become industry leaders. This year's Hot Firm winners will be honored at a special awards reception and banquet at The Zweig Letter Hot Firm Conference, to be held October 28-30, at Green Valley Resort in Las Vegas. The Zweig Letter Hot Firm list was the first and only list of high growth design and environmental firms and has a 10+ year tradition. Over the years, the "Hot Firm" designation has become synonymous with success in the industry. Firms on The Zweig Letter Hot Firm List are recognized the world over as well-managed companies that outperform their peers because they do a better job for their clients. The Zweig Letter 2009 Hot Firm List is based solely on gross revenue for both fiscal year 2005 and fiscal year 2008, as verified by financial statements or income tax returns reviewed by third parties. The list is limited to firms based in the United States and Canada deriving the majority of their revenue from the practice of architecture, engineering, planning, environmental consulting, or allied disciplines. Design/build firms are also eligible. Only firms that were in business as of January 1, 2005, and had 2005 revenue of $1 million or greater, were eligible. Firms were ranked from first to last based on percentage growth and dollar growth. Dollar growth and percentage growth were weighted equally to give both small and large firms an opportunity to make the list. Each firm's two rankings were added together, and the 200 firms with the lowest combined rankings comprise the list. A complete ranking of the 200 fastest-growing architecture, engineering, and environmental consulting firms will be published in an upcoming special issue of The Zweig Letter. ZweigWhite is one of the nation's leading sources of business management services for architecture, engineering, and environmental consulting firms. The ZweigWhite team consists of experts in strategic business planning, business valuation, ownership transition, human resources management, finance and administration, mergers and acquisitions, market research, marketing, project management and project delivery methods who collectively produce a comprehensive suite of products and services, including newsletters, industry reports, executive training, business conferences, and advisory services covering virtually every aspect of firm management. The firm is headquartered in Wayland, MA, with additional offices in, Chicago, IL and Washington, DC.
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