Tamarack Consulting, a provider of independent software solutions in the equipment finance and commercial lending industry, earned a place on the Inc. 5000 list of fastest growing private companies for the fifth consecutive year.

The Inc. 5000 distinction recognizes certain private companies using a set of quantitative metrics. In 2020, Tamarack ranked No. 3438, up nearly 150 spots from the company’s 2019 position.

“We’ve been fortunate to have sustained growth over the past five years,” Daniel Nelson, founder and CEO of Tamarack, said. “As we enter the next phase of our company’s life, we have refined our strategy, added key leadership roles and made investments in product development. This pivot in strategy will enable the company to sustain our strong growth record going forward.”

In July, Tamarack spun off of its Salesforce.com products division and refocused its business strategy around investment in digital technologies, enterprise software products and expanded delivery of professional services supporting digital transformation. Following the spin-off, Nelson added Scott Nelson, PhD, as chief digital officer (CDO) and Sid Overbey as vice president of corporate development to the leadership team. Both are technology industry veterans with expertise in using data, connectivity and cloud-based solutions to build innovative solutions in multiple markets.

Earlier in the year, the company released a troubled-debt restructuring utility to assist lessors during the current economic downturn and anticipated recovery as a result of the COVID-19 pandemic. Received by multiple Monitor 100 lessors, the offering provides an automation utility along with integration services enabling lessors to automate lease/loan modifications for lessees.