The following was published on the Minneapolis-St. Paul Business Journal.
Thanks to a growth rate of 115.66% from 2020 to 2022, St. Louis Park-based Versique Inc. lands on the Fast 50 List at No. 21. The executive search firm reported revenue of $31.2 million last year.
For more on this fast-growing company, we asked President and CEO Tony Sorensen …
Describe the biggest challenge faced by your company in the past year and how you overcame it: 2021 and 2022 coming on the heels of the pandemic were some of the most explosive years of growth companies had seen in the past 20-plus years. Consequently, hiring naturally slowed this past year, and as a staffing company, we felt the effects. We focused on what we’re good at — which is building relationships with people over making deals — and we doubled down on planning for the future. The labor market continuously shifts, but companies always need good people, and we are always invested in the growth of our clients, employees, candidates and our business.
What’s next for your company’s expansion plans or growth strategy? We are looking forward to growing our service offerings in direct hire, interim solutions, and executive leadership search in Minnesota. Our new service offerings will allow us to capitalize on our relationships with executives in HR, finance and accounting, and other areas of expertise.
What’s a growing company you admire? Arctic Wolf is a cutting-edge cybersecurity company that operates globally. I admire that they’ve found ways to operate in a fast-paced and virtual environment, while still maintaining a strong company culture. That balance, I believe, is very important and not easy to accomplish.
Fast facts
Versique Inc.
Fast 50 rank: 21
Growth rate: 115.66%
2020 revenue: $14,478,123
2021 revenue: $24,467,073
2022 revenue: $31,224,138
Top executives: Tony Sorensen, Chris Ohlendorf
Headquarters: St. Louis Park
Employees at end of 2020: 97; Now: 171
Fast 50 press release (1)
