DENVER – Smashburger received No. 1 ranking on Forbes magazine’s first annual America’s Most Promising Companies list. This list consists of 100 privately held, newer companies with strong business models and management teams, notable customers, strategic partners and precious investment capital.

Smashburger claims to be the “fastest-growing, better-burger restaurant concept” in the US. There are currently 143 Smashburger locations in the US and the company plans to reach the 500 unit milestone within the next few years. It also recently announced its plans to expand into the Middle East and Canada.

"We are thrilled to join this impressive list of America’s 100 Most Promising Companies and are honored to be recognized for our rapid growth and innovative concept," said Dave Prokupek, chairman and CEO of Smashburger.