Service Express Recognized in Inc. 5000’s List of Fastest-Growing Companies in 2020
August 12, 2020
Grand Rapids, MI – Third-party maintenance (TPM) company Service Express has been featured on Inc. 5000’s list of America’s fastest-growing privately held companies for the 12th time. Inc.’s 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment – independent business. Service Express joins other well-known honorees such as Microsoft, Dell, Yelp, Zillow and more.
“As a rapidly growing data center maintenance company, we are honored to be included in the Inc. 5000 list among many other accomplished companies,” says President and CEO Ron Alvesteffer. “I’m incredibly proud of our team and look forward to providing new offerings, including our expanded ExpressConnect® platform, to streamline data center maintenance.”
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over one million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
Inc. will be hosting a week-long virtual event beginning on October 19th. This event will include seminars, education sessions, entertainment and special company recognition. Complete results of the Inc. 5000, including the Service Express company profile, can be found online at inc.com/inc5000.
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 to 2018. 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.
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 18,000,000 today. For more information, visit inc.com. The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success.