August 24, 2011—Resource Solutions Group (RSG) is pleased to announce its inclusion in the 2011 Inc. 500, the prestigious ranking of the nation’s fastest-growing private companies compiled by Inc. Magazine. The list represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs. RSG’s inclusion on this elite list demonstrates the company’s emergence as a major player in the rapidly growing energy efficiency industry.
RSG ranked number 402 on the list with a three-year growth rate of 850%. The company’s 2010 results included revenues of $21.9 million with just 31 employees. The company expects to double the number of employees by the end of 2011 with the expansion of its Midwest operations.
“2010 was a significant year in the execution of our overall business plan,” notes RSG co-founder and president Lauren Casentini. “We won extensions for our most successful programs, gained several key new clients, and opened an office in Chicago to complement our West Coast headquarters, all while delivering the outstanding energy efficiency consulting services for which we are known. Making the Inc. 500 list is a testament to our amazing team and its commitment to our core mission and values.”
Founded in 2006, RSG is a young company with strong leadership and a proven track record. The company’s five executives each bring more than 20 years of experience in various aspects of energy efficiency programs development and resource management.
From its first highly successful energy efficiency programs in California schools, campus housing, and winery sectors, RSG has rapidly expanded into other markets across the United States. In 2010, RSG programs issued about $28 million in rebates for nearly 100,000 residential and commercial energy efficiency upgrades.
With its second phase of strategic expansion already underway, the company is well-positioned to continue its successful growth path. “We are grateful for the opportunities we’ve had so far,” Casentini. “Now we are focused on building on this strong foundation and creating sustainable success for ourselves and our clients.”
About Resource Solutions Group
Resource Solutions Group is an environmental consulting firm specializing in the design, implementation, and management of resource-saving programs. RSG helps organizations and consumers reduce their consumption of energy, water, and natural gas through energy efficiency optimization. These efforts have led to the reduction of 23 million pounds of CO2 in the atmosphere and 28 billion gallons of water savings.
Headquartered in the San Francisco Bay Area, RSG is a registered Women Business Enterprise and is a founding and sustaining member of The California Energy Efficiency Industry Council (CEEIC). More information can be found at www.rsgrp.com
About Inc. Magazine and the Inc. 500
Inc. Magazine is the only major business magazine dedicated exclusively to owners and managers of growing private companies. The elite Inc. 500|5000 list celebrates the achievements of entrepreneurial superstars making a significant impact on the American economy through job creation and revenue generation.
The Inc. 500 is ranked according to percentage of revenue growth when comparing 2007 to 2010. To quality, companies must be U.S.-based, privately held, for profit, and independent. The full 2011 Inc. 500|5000 list will be available online at Inc.com on August 24, 2011, and in the magazine's September issue.
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