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Saturday, Feb 22, 2025

LA’s Largest Private Companies, by the Numbers

Total revenue for all 150 private companies on this year’s list reached $127,915,118,000. That’s a 2.1% increase from last year’s $125,326,700,000.

Of the companies that generated at
least $1 billion in revenue in 2018:

• Westlake Financial Services and Velocity Vehicle Group reported the highest year-over-year percentage growth. Westlake Financial Services saw revenue surge 34.9% to roughly $1.5 billion, up from about $1.1 billion in 2017. Velocity Vehicle Group Services reported a gain of 20% to about $1.2 billion, up from around $1 billion.

• America Chung Nam suffered the largest year-over-year decline in revenue, falling 23.8% to roughly $1.5 billion from just under $2 billion.

• Forever 21 Inc., which recently filed for Chapter 11 bankruptcy protection, saw a 22.5% drop in revenue to $3.1 billion from $4 billion.

Departures from the list:

• Retailers Z Gallerie and Loot Crate Inc., which both filed for bankruptcy, fell off this year’s list.

• Eminent Inc., which does business as Revolve Clothing, went public.

• E.T. Horn Co. Inc. was acquired by publicly traded IMCD.

• Parsons Corp., which ranked No. 8 last year, moved its headquarters from Los Angeles to Centreville, Va.

• Bergelectric Corp., the No. 53 company last year, moved its operations to Carlsbad.

A look at the top executives for the companies on this year’s list reveals:

• Men lead 129 of the companies on this year’s list.

• Eleven companies have a woman as the top executive.

• At seven companies, two men share the top executive positions.

• At three companies, a man and woman share the top executive positions.

Read More: 2019 Largest Private Companies Special Report

Josh Niv
Josh Niv
Josh Niv is the Research Director for the Los Angeles Business Journal. In this role, Josh gathers all the data to compile the weekly Lists.

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