About Growth Factors

Growth Factors

Growth Factors are natural proteins in our body that promote the growth, organization and maintenance of cells and tissues. Growth Factors in business are the data, methodologies and processes that organize people and efforts to build and maintain momentum toward reaching the company’s greatest potential.

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

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.



Esther Devai

Administrative Project Coordinator

Esther supports the strategy of the business, and partners, through cross-functional alignment on key initiatives. She has experience in supporting HR, Partner Relations, Systems Integrations, Logistics, and Budget Management. Esther plays a key role in helping execute across 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.

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Q&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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Contact Us


7901 Stoneridge Dr., Suite 504
Pleasanton, CA   94588 

O: (925) 523-3789

[email protected]