A company growing now?

A company growing now?
Spinnaker, which provides supply chain consulting services, is booming
Emma Marshall
Tuesday, March 3, 2009

Spinnaker Management Group LLC, a Denver-based company that provides supply chain consulting services, is experiencing rapid growth and record revenues.
Immense success in the last year has tripled Spinnaker’s Denver workforce, doubled its office space and added 70 new clients. A new corporate location opening in Cherry Creek will open the possibilities for more growth, and a comfortable space to keep current clients satisfied.
“Because we help corporations save money and improve operations, we anticipated that Spinnaker would grow during tough economic times,” said Matt Stava, co-founder and managing principal of Spinnaker.
He said the value in Spinnaker’s services is keeping it from feeling the effects of the poor economy.
Founded in 2002
Spinnaker was founded in 2002, with the goal of offering a variety of services to businesses, while growing into a long-lasting, steady, healthy company, according to Stava. Spinnaker now serves over 85 large corporations, globally, with a variety of solutions in supply chain services. The retention rate for customers is constantly above 80 percent, according to Stava.
Now with more than 100 employees, and up to 60 more anticipated this year, Spinnaker has gained national recognition. A recent milestone for Spinnaker was recognition on the Inc. 500 list for the nation’s fastest-growing private companies in December 2008. The Denver Business Journal has highlighted the company for three years in a row for its triple-digit revenue growth in the list for the top 100 fastest-growing private companies in Denver.
A huge role in driving the growth is Spinnaker’s newest business line, application support for the JD Edwards supply chain software. More than 70 JD Edwards customers have chosen Spinnaker for their third party application support since September 2008.
“I can’t believe we started something with two people.,” Stava said. “When you realize, ‘We’ve hit what we dreamed,’ it turns into, ‘Well, what else do we want, and what does it take to get it?’”
Flourishing during recession
The recession has little impact on Spinnaker as more companies are looking to streamline their operations, maximize efficiency, and achieve cost-savings in their applications support. Spinnaker provides the solutions, priding increasing levels of honesty, integrity and client focus with every effort. Stava reminds clients that there is a face behind the business, and spends a majority of his day contacting customers and planning trips to visit them.
Stava understands the hard-working principle of persistence and dealing with change, and anticipates continued growth for Spinnaker, locally and globally.
Headquartered in Denver, Spinnaker offices are also located in Boston, Singapore, and London. For more information, visit www.spinnakermgmt.com.