LA’s Largest Private Companies, by the Numbers

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LA’s Largest Private Companies, by the Numbers
Clock Out: Forever 21 plans layoffs.

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

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