Morton Consulting, an IT consulting and project management firm based in Glen Allen, Virginia, was ranked 419 on the Inc. 500 list of the fastest growing private companies in the United States. The company grew over 700% in the past three years, reporting $5.6 million in revenue for 2009. Founded in 2006 by Mark Morton, an IT industry veteran, the firm has expanded to 50 employees covering the mid-Atlantic region. A key factor in the company's growth was its acquisition of a local IT service company in 2009, which provided new accounts and operational staff. Morton aims to continue expanding its geographic footprint and service offerings.

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Glen Allen IT business makes Inc. 500 list
AL HARRIS
AUGUST 24, 2010
0
Just one Central Virginia business made the annual Inc. 500 list of the
country’s fastest growing companies.
Morton Consulting of Glen Allen came in at No. 419. The firm specializes in
IT consulting and project management.
The company grew more than 700 percent in three years, reporting $5.6
million in revenue for 2009. The firm was founded in 2006 by Mark Morton, a
VCU graduate and IT industry veteran of 20 years who had worked for Wellpoint and Markel Corp.
“We provide staffing and consulting services, principally in the IT space,” Morton said of his business.
Morton started the firm in 2005 with his own funds and a small loan from his father-in-law.
“It was uncharted territory,” Morton said. “At the time, my wife and I had just purchased a new home, and
we were expecting our third son. Leaving the security of a well established organization and taking on a new
venture – it was definitely nerve-wracking.”
But the gamble has paid off. The company has grown to 50 employees and covers the mid-Atlantic with a
presence in Northern Virginia and Raleigh. Morton’s client base is concentrated in the insurance, finance
and health-care sectors, but the firm also does work for other sectors, including higher education.
One factor behind the company’s growth was last year’s acquisition of a local IT service company called
Xperts.
“Most companies would have thought in 2009 the economy was in terrible shape and ask, ‘Why would you
go and buy something?’” said Morton. “It made sense for our business and gave us access to accounts we
didn’t have and also gave us operational staff to help us run the business on the inside.”
In 2009, Morton said that accounts from Xperts made up a third of the company’s business. The other twothirds were split evenly between existing and newly added accounts.
The firm is still growing, with several job openings.
“Our goal is to continue to expand our geographic footprint and focus on maturing our presence and service
offerings,” Morton said.
Morton Consulting joins 48 other Virginia businesses in the top 500 companies. You can peruse the list
here.
Last year, three Richmond area businesses made the list: Robinson Radio, Packet360 and Logical
Innovations, which shut down its Richmond office shortly thereafter and moved its operations to Indiana.
(You can read last year’s RBS story here.)
Al Harris is a BizSense reporter. Please send news tips to Al@richmondbizsense.com.
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View all posts by Al Harris
About the author: Al Harris
Al Harris was a BizSense reporter from 2008 to 2011.
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