Seattle, WA – Xtreme Consulting Group was named the #41 Fastest-Growing Private Company by Inc. magazine in their September edition. The list, based on percentage of revenue growth from the last four years, is a comprehensive look at one of the most important sectors of American economy – independent-minded entrepreneurs. Xtreme Consulting Group achieved a remarkable 3,092% growth during the 4 year period.
Since debuting in 1991 with 100 of the fastest growing private companies, then expanding the following year to the Inc. 500 and again in 2007 to the Inc. 5000, the list has served as evidence of the significant accomplishment of entrepreneurial companies.
“As an Inc. 500 honoree, Xtreme Consulting Group shares a prestigious pedigree with such notable alumni as GoDaddy, Under Armour, Microsoft, Jamba Juice, Oracle and scores of other powerhouse companies,” says Tony Richardson, CTO and co-founder.
About the Inc. 500 Methodology and Background
The 2009 Inc. 500 measures revenue growth from 2005 through 2008. Companies must be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2008. The minimum revenue required for 2005 is $200,000; the minimum for 2008 is $2 million. In total, the companies on the Inc. 500 have created more than 55,000 jobs. Government Services is the top employer with 6,895 jobs, followed by Telecommunications (6,338), Health (5,803), IT Services (5,179), and Energy (4,559).
The Inc. 500 posted an aggregate revenue of $18.4 billion, up more than 34 percent from last year, even in a down economy. The top five industries by total revenue include Consumer Products & Services ($3.1 billion), Energy ($2.5 billion), Government Services ($1.9 billion), Advertising & Marketing ($1.3 billion), and Real Estate ($1.2 billion).The full list can be found here:www.inc.com/inc5000/index.html