AMERICA’S 5,000 FASTEST – GROWING PRIVATE COMPANIES REVEALED;
5,000 FAST-GROWTH COMPANIES TO QUELL YOUR RECESSION FEARS –
LIST REPORTS AGGREGATE REVENUE OF $185 BILLION
Trinet Internet Solutions Ranks No. 1,022 on the 2008 Inc. 5,000 with Three- Year Sales Growth of 362.9%
IRVINE, CA – September 15, 2008 – Inc. today ranked Trinet Internet Solutions, Inc. No 1,022 on its annual ranking of the 5,000 fastest-growing private companies in the country and No. 12 on the Top 50 Media Companies in America list. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.
“Our second annual Inc. 5,000 continues the most ambitious project in business journalism,” said Inc. 5,000 Project Manager Jim Melloan. “The Inc. 5,000 gives an unrivalled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”
Trinet continues to grow at a rapid pace and proves its status by making this year’s list for the second year in a row. As one of the more senior companies on the list, Trinet’s ranking is quite an achievement, meaning that though it’s been in business for more than 13 years, its growth rate is still quite substantial.
“We were honored last year to be recognized on this list, so making the list for a second year in a row, feels even more substantial. It means that we’re doing something right,” says John Carley. “We sit each week and have a conversation about how we can continue to grow and stay competitive in this highly spirited industry and feel we’ve arrived at a few key practices that allow us to stand apart from the competition.”
The 5,000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5,000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5,000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.
Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5,000 list with the most companies of any city with 355. Washington, D.C. comes in a close second with 300 companies on the list; Los Angeles comes in third with 244 companies, and Atlanta (194 companies) and Chicago (189 companies) round out the top five. Interestingly, only 62 companies on the Inc. 5,000 are not based in metropolitan areas.
Grand Rapids, Mich. leads the list with the highest median revenue of any metro area ($26.2 million, 16 companies), followed by San Antonio, Texas ($21.3 million, 25 companies), Baton Rouge, La. ($18.8 million, 14 companies), Houston ($17.1 million, 97 companies), and Kansas City, Mo.-Kan. ($16.5 million, 39 companies).
Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5,000 fastest-growing businesses are in the Energy category (which grew by 298%), followed by Government Services (which grew by 220%), Security (200% growth), IT Services and Software (both grew by 187%), and Consulting (which grew by 182% on average).
The largest business category is IT Services, with 579 Inc. 5,000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5,000.
Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).
Methodology
The 2008 Inc. 5,000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, for profit, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.
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About Inc. 500|Inc. 5,000 Conference Each year, Inc. magazine and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars — the privately held small businesses that drive our economy. The Inc. 500|Inc. 5,000 Conference brings together members of the Inc. 5,000 community—both a new class of Inc. 5,000 honorees and the list’s alumni—for three days of powerful networking, inspired learning, and momentous celebration. For the first time ever, this powerful networking event is open to all. Please join us September 18-20, 2008 at the Gaylord National Resort and Convention Center in Washington, D.C. For more information or to register, visit www.Inc500Conference.com or call us at 877-211-0489.
About Trinet Internet Solutions, Inc.: Trinet Internet Solutions, Inc. is a full service web firm headquartered in Irvine, CA with an East Coast office in the metro Washington, D.C. area. Founded in 1995 and now an award-winning agency with over two hundred clients, the company has grown to have expert capabilities in: eMarketing strategy and consulting services, Web design and development, application programming and eMarketing management and measurement services. Trinet portfolio of clients can be found at: www.trinetsolutions.com/portfolio.
If you’d like more information on this topic or to learn more about Trinet Internet Solutions, Inc. please contact Alexis Djeredjian at 949.442.8900.