Five Evanston companies have been named among the 5,000 fastest-growing, independently-owned businesses in the country, according to Inc. Magazine’s ‘2012 5000 List.’
Below, take a closer look at the Evanston-based companies that made the list, including where they ranked and how much revenue they earned. The magazine also lists percent growth and number of employees.Company Rank 3-Year % Growth Revenue (in Millions) Industry # of Employees Iconic Development 407 924% $14M Real Estate 6 ConsumerBase 1,570 188% $6M Advertising & Marketing 42 Converged Communication Systems 2,088 125% $5.2M Telecommunications 44 Acquirent 2,162 119% $4M Human Resources 65 The Evanston Group 2,901 78% $12.3M Human Resources 11
To rank businesses across the country, Inc. looks at percentage revenue growth from 2008 to 2011.
To qualify, companies must meet a list of criteria including minimum revenue, specified founding date and for-profit requirements, among others. For a full explanation of methodology and complete results list of the Inc. 5000 including company profiles and an interactive, sortable database, visit the magazine’s website.
Companies on this year’s list report having created more than 400,000 jobs in the past three years with a combined revenue of $299 billion, according to Inc. Despite a downward economy, median growth rate of the 2012 honorees was 97 percent.
"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward," shared Inc. magazine Editor Eric Schurenberg in a recent statement. "Growth companies, not large corporations, are where the action is.”