CHICAGO, August 16, 2018 – Inc. magazine has released its 37th annual Inc. 5000 list, placing AArete at No. 2877. The list is the most prestigious ranking of the nation’s fastest-growing private companies and represents a unique look at the most successful companies within the American economy’s independent small business sector.
Not only have the companies on the 2018 Inc. 5000 been competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2%, and a median rate of 171.8%. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
“It is an honor to be recognized as one of the nation’s fastest-growing private companies for the third year in a row,” said AArete CEO and Managing Director Loren Trimble. “Our entire team’s determination, hard work and entrepreneurial spirit have propelled our continued success and helped make AArete the premier management consulting firm it is today.”
“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”
The 2018 Inc. 5000 is ranked according to percentage revenue growth over three years. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million.
The full list can be found here.
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AArete is a global management consulting firm that specializes in data-driven operational performance improvement and non-labor strategic cost reduction. We work with our clients across all industries and business functions to optimize their profits in a compressed timeframe and without reducing people. AArete identifies and implements significant bottom line improvements through sourcing methodologies, Big Data analytics, proprietary revenue cycle optimization techniques, and the Knowledge Management Center™, an internal intellectual property repository with benchmarking data and industry focused studies. For more information, visit www.aarete.com.
About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 18,000,000 today. For more information, visit www.inc.com.