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Inc. Magazine Unveils Exclusive List of America’s Fastest-Growing Private Companies—the Inc. 5000

Layered Technologies Ranks No. 622 on the 2009 Inc. 5000 with Three-Year Sales Growth of 441%

Inc. Magazine Unveils Exclusive List of

America’s Fastest-Growing Private Companies—the Inc. 5000

 

Layered Technologies Ranks No. 622 on the 2009 Inc. 5000

with Three-Year Sales Growth of 441%

NEW YORK, August 19, 2009 -- Inc. magazine today ranked Layered Technologies, Inc. (Layered Tech) No. 622 on its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies.  The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs.  Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.

“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”

Layered Tech, a global provider of managed dedicated hosting, on-demand virtualization/cloud computing and Web services, ranked in the top 12 percent of Inc.’s list because of its three-year growth rate of 441 percent.  The Plano, Texas-based company invests heavily in R&D to add new technologies and services to remain a top 10 hosting provider globally.  Layered Tech evolved from an emerging dedicated hosting company to a recognized Web hosting provider whose scalable infrastructure powers millions of sites and a wide array of Internet-enabled applications.

The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy.  Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent.  The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.

This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).

The Hottest Regions for Fast-Growing Companies

Once again, California tops the Inc. 5000 with the most companies of any state with 612. The Golden State is followed by Texas (393), New York (316), Florida (263), and Virginia (261). All 50 states, plus Washington, D.C., and Puerto Rico, are represented on this year’s list.

New York boasts 371 Inc. 5000 companies, making it the top metropolitan area, followed by Washington, D.C. (317), Los Angeles (253), Atlanta (209), and Chicago (203).

The Inc. 5000 at a Glance

Bolstered by this year's No. 1 company, Northern Capital Insurance, Insurance emerged as the top industry, with an average growth rate of 667 percent. Other strong performers include Energy (523 percent) and Government Services (491 percent).

In total, the companies on the Inc. 5000 have created more than 1 million jobs. Health is the top employer with 156,223 jobs, followed by Business Products & Services (122,911), IT Services (89,632), Food & Beverage (86,572), and Construction (65,494).

IT Services had the most companies on this year’s list with 658, followed by Business Products & Services (502), Advertising & Marketing (398), Construction (354), and Manufacturing (342).

Topping this year’s list is Northern Capital Insurance, a Miami-based firm that is helping to revolutionize Florida’s ailing insurance industry. The company generated $95 million in revenue in 2008 and an impressive three-year growth rate of 19,812 percent.

The top woman-owned company is P3S (No. 17 overall), a San Antonio–based firm that provides IT network security and physical security services, mostly to the Defense Department. P3S, owned by Mary Ellen Trevino, recorded revenue of $13.5 million in 2008 and a three-year growth rate of 5,898 percent. The top minority-owned company is Harley Stanfield (No. 3 overall), a Washington, D.C.–based real estate investment firm that buys existing properties, makes them energy efficient, and then resells them as investment properties. Harley Stanfield, founded by Cedric Franklin, posted revenue of $38.4 million in 2008 and a three-year growth rate of 13,350 percent.

The Inc. 5000 posted an aggregate revenue of $214 billion in 2008, up nearly 16 percent from the previous year.  The top five industries by total revenue include Health ($22.7 billion), Business Products & Services ($19.6 billion), Construction ($18.8 billion), Energy ($14.7 billion), and IT Services ($13.2 billion).

 

The Top 10 Inc. 5000 Companies Ranked by Growth

 

Rank

Company

Location

Industry

Year Founded

Three-Year Revenue Growth

2008 Revenue

No. 1

Northern Capital Insurance

Miami

Insurance

2003

 

19,812.2%

$95 million

No. 2

National Retirement Partners

San Juan Capistrano, California

Financial Services

2003

13,416.4%

$47.4 million

No. 3

Harley Stanfield

Washington, D.C.

Real Estate

2003

13,350.3%

$38.4 million

No. 4

Perfect Fitness

Mill Valley, California

Consumer Products & Services

2002

12,749.3%

$63.5 million

No. 5

IntegraClick

Sarasota, Florida

Advertising & Marketing

2002

12,654.4%

$96.4 million

No. 6

Kiva Systems

Woburn, Massachusetts

Logistics & Transportation

2003

10,399%

$21.4 million

No. 7

Freedom Health

Tampa

Insurance

2004

10,035.3%

$182.8 million

No. 8

One Technologies

Dallas

Advertising & Marketing

2000

9,946.4%

$50.7 million

No. 9

MediaTrust

New York City

Advertising & Marketing

2004

9,481.1%

$38.3 million

No. 10

Criterion Systems

Vienna, Virginia

Government Services

2005

8,433.7%

$20.3 million

 

 

The Top 10 Inc. 5000 Companies Ranked by Total Revenue

 

Overall Rank

Company

Location

Industry

2008 Revenue

No. 4606

Hy-Vee

West Des Moines, Iowa

Food & Beverage

$6.2 billion

No. 3304

CH2M Hill

Englewood, Colorado

Engineering

$5.6 billion

No. 826

Maxum Petroleum

Old Greenwich, Connecticut

Energy

$4.9 billion

No. 1178

Lansing Trade Group

Overland Park, Kansas

Business Products & Services

$4.4 billion

No. 1710

Medical Management Options

Baton Rouge, Louisiana

Health

$4.4 billion

No. 4445

Kingston Technology

Fountain Valley, California

Computer Hardware

$4 billion

No. 3771

Brightstar

Miami

Telecommunications

$3.6 billion

No. 3474

CoBank

Greenwood Village, Colorado

Financial Services

$2.6 billion

No. 4219

Cooper-Standard Automotive

Novi, Michigan

Manufacturing

$2.6 billion

No. 4288

IASIS Healthcare

Franklin, Tennessee

Health

$2.1 billion

 

 

Methodology

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008.  To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders.  With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

About the Inc. 500|5000 Conference

Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy.  The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.

About Layered Technologies

Layered Technologies is a leading global provider of managed dedicated hosting, on-demand virtualization/cloud computing and Web services.  By providing high-quality technology, infrastructure and support, Layered Tech enables customers to eliminate capital expenses and save on operating costs while focusing on core business issues.  Layered Tech’s scalable infrastructure powers millions of sites and Internet-enabled applications including e-commerce, software as a service (SaaS), content distribution and more.  Our clients range from leading-edge Web 2.0 startups, successful mid-sized enterprises and some the world’s largest consultancy and integration firms.  For more information about Layered Technologies, please visit www.LayeredTech.com or call 1-866-584-6784.

 

# # #

 

More Stories By Christina Baldwin

Christina Baldwin brings to Jetstream PR diverse communications experience with a special emphasis on high-tech, B2B, healthcare and hospitality communications. In her more than seven years of experience, Christina has managed a variety of public relations campaigns for clients including InnerWireless, MEDHOST, Harris Corporation, GlaxoSmithKline, John Q. Hammons Hotels, Texas Scottish Rite Hospital for Children, and ALTANA Pharma. Christina leads clients’ media and analyst relations programs and also directs tradeshow initiatives. She manages awareness-building activities for a number of clients, including InnerWireless, MEDHOST and Layered Technologies, all of which are now viewed as prominent players in their markets. Prior to joining Jetstream in 2004, Christina gained experience at Publicis Dialog in Dallas where she was a key member of the healthcare and travel/hospitality teams. Christina’s client service experience in a variety of disciplines has provided her the opportunity to acquire in-depth knowledge of several industries. She has successfully built lasting relationships with key print and broadcast media, securing placements in The Wall Street Journal, the Dallas Business Journal, USA Today, The Los Angeles Times, The Chicago Times, the Associated Press, CNBC, CNN, and in most of the healthcare, travel/hospitality trades.

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