Pacesetter Award 2010
April 30, 2010 Atlantic Capital Bancshares honored at Atlanta Business Chronicle's Pacesetter Awards Publication names organization one of Atlanta’s fastest-growing private companies
(ATLANTA, Ga. – April 30, 2010) – Atlantic Capital Bancshares, Inc. (Atlantic Capital), parent of Atlantic Capital Bank, announced today that it has received one of the Atlanta Business Chronicle’s Pacesetter Awards honoring the 50 fastest-growing private companies in Atlanta for 2010. Atlantic Capital ranked 22nd in the publication’s list, which was based on an analysis of the nominated companies’ growth over the past two years. Atlantic Capital Bancshares posted a significant increase in revenue and grew its staff by more than 25 percent during that time period. Both of these achievements may be attributed to the company’s dedication to building a team of seasoned, experienced bankers, implementing advanced technologies and maintaining healthy capital levels despite the recent economic turmoil.
“We were very pleased to learn that Atlantic Capital Bancshares is the only bank holding company included in the 2010 Atlanta Business Chronicle’s Pacesetter Awards,” said Doug Williams, President and Chief Executive Officer of Atlantic Capital Bancshares. “Our success is due to a strategic focus on building strong relationships with small to midsize corporations, a select group of commercial real estate developers and affluent private individuals. That strategy, coupled with the generous capital raised prior to our inception and our excellent credit quality, positioned us for robust growth at a time when many of our competitors encountered extreme difficulties.”
In order to qualify for the awards, nominated companies must be privately-held, headquartered in metro Atlanta and founded during or prior to the first quarter of 2007. Additionally, nominees must have experienced revenue growth of more than 50 percent between 2007 and 2009 and have generated at least $1 million and no more than $300 million in revenue in 2009. The Atlanta Business Chronicle honored all award recipients with a breakfast reception at the InterContinental Buckhead on April 23rd. For more information, visit www.atlcapbank.com |