America's 5000 Fastest-Growing Private Companies Revealed

NEW YORK , Dec. 1 /PRNewswire/ -- Inc. ranked Passport Health 3,296 on its annual ranking of the 5000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy...


NEW YORK , Dec. 1 /PRNewswire/ -- Inc. ranked Passport Health 3,296 on its annual ranking of the 5000 fastest-growing private companies in the country. 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. 5000 continues the most ambitious project in business journalism," said Inc. 5000 Project Manager Jim Melloan . "The Inc. 5000 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."

Passport Health has become the nation's largest provider of travel medical services and vaccinations growing form 106 offices in 2006 to more than 160. Passport Health provides destination-specific travel health information and immunizations for international travelers. Clients include major corporations, universities and NGO's. "I am thrilled that our company is being recognized with this honor," commented Fran Lessans , Passport Health's founder and CEO.

Passport Health's Travel Medicine Specialists administer and prescribe vaccinations and medications recommended by the CDC, WHO, and other world surveillance organizations that constantly monitor outbreaks and other health hazards that affect travelers when they arrive at their destination. Services include a full range of immunizations, travel health information, protective vaccines for a healthy lifestyle, and on-site immunizations for groups and organizations, including flu clinics. More information on Passport Health can be found at http://www.passporthealthusa.com.

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at http://www.inc5000.com.

Hottest Regions for Fastest-Growing Companies

The New York metro area tops the Inc. 5000 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. 5000 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. 5000 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. 5000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5000.

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

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