About Growth Factors
Growth Factors
Mission, Vision, Values
Our People
Prem Chand
Founder, Investor
Growth Factors is a new kind of private investment firm designed to help stable companies break through barriers and reach their highest potential. The firm was built on the real-world experience of a successful Silicon Valley entrepreneur, Prem Chand.
From humble beginnings on a family farm in the small agricultural town of Biggs, California, Prem built Milestone Technologies, into one of the Valley’s premier IT services firms. Under Prem’s, leadership, Milestone grew to employ more than 2,000 people in 18 countries, serving more than 200 clients. Prem stepped down as CEO in 2017 and started Growth Factors in February 2018.
Now, Prem and his team are dedicated to helping other entrepreneurs achieve their goals for success. Growth Factors team members apply hands-on experience and leverage market-proven methodologies that align culture, marketing, and branding, sales, data-driven operations, IT infrastructure, and financial resources to transform good companies into great ones.
Tara Spencer
Vice President Portfolio Integration
Tara brings 15+ years of integrating global systems including facilities, HR, administration and IT. At Growth Factors, Tara plans and executes the strategic integration of our portfolio companies’ processes and systems. Her unique ability to create scalable systems gives our portfolio companies a solid foundation for breaking through barriers and achieving growth.
Jim Schultz
Vice President Mergers and Acquisitions
Jim is a Senior Financial Executive with experience spreading through technology and manufacturing service sectors, and real estate. Most recently, Jim served as CFO / Vice President of Finance at Milestone Technologies Inc., working alongside Prem for over 15 years, growing Milestone from 75 to over 2,000 employees. Through his 35+ year career, Jim has managed numerous M&A transactions from both the buy and sell side. Jim is an adaptive leader who understands global challenges and the evolving world of investment opportunities.
Arina Hackwell
Controller
Arina is a highly effective Accounting Professional that drives strategic Accounting and Finance initiatives for Growth Factors and portfolio companies. As Financial Controller, Arina oversees Accounting management and is responsible for financial planning analysis and strategic succession plans. With 15+ years of experience in multiple industries, Arina brings a diverse and well-rounded approach to understanding best practices through leading Accounting principles across various sectors.
Becky Bruce
People Operations Manager
Becky is a Certified HR professional, bringing over a decade of HR Operations and Management Strategy to accelerate growth for organizations. In her prior role, she successfully led the HR integration from an acquisition by the World’s largest Multinational e-commerce company, Ali Baba (2010). With a commitment to excellence in the People Operations space, Becky understands at the core of an organization is its people. Becky’s ability to align culture and values with industry-leading processes enables organizations to develop and companies to scale.
Victoria Iboa
Business Process Manager
Victoria supports the strategy of the business and portfolio companies through cross-functional alignment on key initiatives. She brings over a decade of strategic project planning and execution. In her previous role at Milestone Technologies Inc., she grew her career from Administrative Assistant to Chief of Staff – responsible for global communications, executive project management, and oversaw the global administrative team. Victoria plays a key role in helping execute executive strategies and optimizing outcomes for Growth Factors and portfolio companies.
News and Press
Prem Chand to Address Breaking Through Barriers to Create Exponential Business Growth at Cal State Chico, Center for Entrepreneurship
Growth Factors, a unique investing and business strategy firm that helps companies escape “The Grind”, in partnership with the Chico State Center for Entrepreneurship, announce an informative session featuring Prem Chand, serial entrepreneur and successful business leader on October 17th. Attendees enjoy a lively, informative discussion about the factors that must be present for entrepreneurs to break through barriers, thrive and achieve their greatest potential.
read moreGrowth Factors Launches with Unique Investment and Business Strategy to Create Exponential Growth for Good Companies
October 8, 2018– Pleasanton, CA – Growth Factors, a unique investing and business strategy firm that helps companies escape “The Grind”, launched today and unveiled its first three investments. The firm’s strategy is to take majority ownership in established...
read moreQ&A: Milestone Technologies Founder Prem Chand
FREMONT — Prem Chand, founder and CEO of Fremont-based Milestone Technologies, got interested in logistics as a youth operating tractors and working the Chico farmland owned by his parents, who were immigrants from India. In 1997, Chand founded Milestone, which offers...
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