Threshold/Carve Marketing Firm Ranks No. 5 on Central Texas List of Fastest-Growing Private Companies
October 30, 2017
AUSTIN, Texas – Oct. 30, 2017 – Threshold/Carve, a full-service marketing agency, has been named No. 5 among companies with revenue from $500,000 to $9,999,999 on the annual Fast 50 list, which highlights Austin-area private companies that have grown rapidly in the past three years.
The recognition underscores the agency’s tremendous success as it expands into new markets and industries. Threshold/Carve was one of only four marketing firms making the list and topped many other marketing firms by demonstrating a 96 percent compounded annual growth rate from 2014 to 2016. Company rankings were announced at an Oct. 26 reception and awards presentation at the Hilton Austin hosted by the Austin Business Journal. Fast 50 companies were ranked in two groups – the top 25 firms with revenue from $500,000 to $9,999,999 and the top 25 firms with $10 million-plus in revenue.
“We are honored to be included with such an amazing list of companies in this years’ Fast 50,” said Billy Wilkinson, chief of everything else at Threshold/Carve. “Our team has worked hard to drive results for our clients which, in turn, has driven continued success for our company. Now that we have completed our acquisition of Carve, we look forward to the rewards of driving incremental success for our clients.”
The original firm, Threshold, acquired Canadian boutique marketing agency Carve Creative + Strategy in June. The new Threshold/Carve agency has produced a broader agency group better positioned to serve clients in the United States and Canada with a vast offering of services. Both agencies come together with strong reputations for their creative campaign solutions and proven digital marketing strategies. The newly formed group has an impressive track record of high-profile clients that span from national brands to local retailers to technology start-ups.
The new agency also has a broader client base that includes healthcare, technology, consumer brands, retail, B2B and financial services. The firm continues to grow its capabilities in the real estate industry where Threshold is already a leading agency.
The naming of the company among Central Texas’ Fast 50 is just the latest accolade earned by the firm, which also has won awards for projects such as Brochure Excellence for Arbor Company Senior Living Brochure, Website for Station at MacArthur and Campaign Distinction for Citizen Park.
Qualifications for Fast 50 nominations include:
- Demonstrate annual net revenue in each of the past three fiscal years. Net revenue is what was derived from sales of products or services.
- The company must have minimum net revenue more than $500,000 in each fiscal year of 2014, 2015 and 2016 and be willing to publicize this information.
- Independent, privately held corporation, proprietorship or partnership (not a majority-owned subsidiary or division) with headquarters in Travis, Hays, Williamson, Caldwell Bastrop or Burnett County. State agencies, government and print media are not eligible.