Fighting To Win

34th Annual Report On The Nation's Largest Black-Owned Businesses

with majority-owned leviathans, and many black investment banks ventured into asset management and private equity as a means of generating new sources of fee income.

Despite tough competition and an unpredictable economy, the BE 100S remains resilient. In boxing, as in business, the only way to remain a champion is to train relentlessly, re-examine your fighting strategy, and never give up. On the following pages, you will find examples of companies that embrace this philosophy.
Industrial/Service Eligibility
A company must be at least 51% black-owned and have been fully operational for the previous calendar year (Jan. 1, 2005 through Dec. 31, 2005). Companies listed must manufacture or own the products they sell or provide industrial or consumer services. (Brokerages, real estate firms, and firms that provide professional services, such as accounting firms and law offices, are not eligible.)

TOP 10 SALES GROWTH LEADERS

Company Location 2005 Sales* 2004 Sales* % Increase
TAG Holdings L.L.C. Troy, MI $340.000 $103.000 230.10
The Peebles Corp. Coral Gables, FL 449.658 202.925 121.59
Capsonic Elgin, IL 68.000 37.000 83.78
RLJ Development L.L.C. Bethesda, MD 168.100 92.200 82.32
CAMAC International Corp. Houston, TX 1,490.000 987.000 50.96
Q3 Industries Inc. Columbus, OH 70.000 47.000 48.94
On-Target Supplies & Logistics Ltd. Dallas, TX 37.000 24.991 48.05
Eagle Group International Inc. Atlanta, GA 141.000 98.000 43.88
Beauchamp Distributing Co. Compton, CA 83.400 59.700 39.70
Barden Cos. Inc. Detroit, MI 519.000 372.000 39.52

*IN MILLIONS OF DOLLARS. AS OF DEC. 31. PREPARED BY B.E. RESEARCH.
REVIEWED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM EDWARDS & CO.

TOP 10 EMPLOYMENT LEADERS

Company Location Employees Sales* Employee To Sales Ratio
MV Transportation Inc. Fairfield, CA 9,163 $373.486 1:41
Manna Inc. Louisville, KY 6,250 203.200 1:33
Barden Cos. Inc. Detroit, MI 4,100 519.000 1:127
V and J Holding Cos. Inc. Milwaukee, WI 3,500 90.000 1:26
The Bartech Group Inc. Livonia, MI 3,258 198.000 1:61
Thompson Hospitality Herndon, VA ALIGN=”MIDDLE”>2,800 188.000 1:67
The Gourmet Cos. Atlanta, GA 2,000 170.000 1:85
H.J. Russell & Co. Atlanta, GA 1,871 316.944 1:169
Radio One Inc. Lanham, MD 1,830 371.134 1:203
RS Information Systems Inc. McLean, VA 1,800 360.000 1:200

*IN MILLIONS OF DOLLARS. AS OF DEC. 31. PREPARED BY B.E. RESEARCH.
REVIEWED BY THE CERTIFIED PUBLIC ACCOUNTING FIRM EDWARDS & CO.

INDUSTRIAL/SERVICE SUMMARY

 

2005

2004

% Change

Total Staff 73,181 70,569 3.70
Total Sales* $17,245.398 $14,292.871 20.66

*IN MILLIONS OF DOLLARS. AS OF DEC. 31. PREPARED BY B.E. RESEARCH.

 

FINANCIAL SERVICES FIRMS
FINANCIAL SERVICES SUMMARIES
Top 25 Banks

 

2005

2004

% Change

Number of Employees 1,851 2,015 -8.14
Assets* $5,332.981 $5,076.958 5.04
Capital* $438.570 $427.021 2.70
Deposits* $4,307.745 $4,098.706 5.10
Loans* $3,629.152 $3,449.778 5.20

Top 10 Private Equity Firms

 

2005

2004

% Change

Number of Employees 98 90 8.89
Capital Under Management* $3,976 $3,134 26.87
Number of Funds 49 29 68.97
Total No. of Portfolio Companies 250 272 -8.09

Top 15 Asset Management Firms

 

2005

2004

% Change

Number of Employees 382 371 2.96
Assets Under Management* $77,455 $73,331 5.62

Top 10 Investment Banks

 

2005

2004

% Change

Number of Employees 381 398 -4.27
Total

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