Published:
IBT Enterprises Named to Inc. Magazine List of 5000 Fastest-Growing Businesses
ATLANTA, Sept. 3 /PRNewswire/ -- Inc. magazine has ranked IBT Enterprises,
a leader in design, build, construction, and consulting services, number 2,832
on its Inc. 5000 list of the fastest-growing private companies in the country.
The Inc. 5000, an extension of Inc. magazine's annual Inc. 500 list,
catches many businesses that are too big to grow at the pace required to make
the Inc. 500, as well as a host of smaller firms. Taken as a whole, these
companies represent the backbone of the U.S. economy with combined revenue of
$185 billion. Most important, the 2008 Inc. 5000 companies were engines of job
growth, having created more than 826,033 jobs since those companies were
founded.
"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."
IBT Enterprises grew by 127 percent between 2004 and 2007, a significant
increase from last year's list which ranked the company 3,317 with 93 percent
growth. In the past year IBT has broadened its customer base as well as its
service offering with LEED accredited staff and green building projects.
"IBT has thrived by helping financial institutions and specialty retailers
build brands, improve customer retention and achieve extraordinary
performance," said Mylle Mangum, CEO of IBT Enterprises. "A testament to this
success is our second consecutive appearance in the Inc. 5000 list. The
recognition underscores our dedication to provide financial institutions with
unique and high-quality consumer experiences."
The 2008 Inc. 5000, online at www.inc.com , reported aggregate revenue of
$185 billion and median three-year growth of 147 percent. Complete information
on this year's Inc. 5000, can be found at www.inc5000.com/ . The list features
a profile for each company, almost all of them written as a result of Inc.
interviews with management. In addition, the list is searchable according to
numerous criteria, including industry, city, state, region, and year founded.
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.
Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To
qualify, companies must be U.S.-based and privately held, independent - not
subsidiaries or divisions of other companies - as of December 31, 2007, and
have had at least $200,000 in revenue in 2004, and $2 million in 2007.
About IBT Enterprises
IBT Enterprises, an IBT Holdings company, is a leading source of
forward-thinking designs and ideas in the arena of financial services and
specialty retail. Over its 23-year history, the company has consulted to more
than 190 retail and 550 financial services clients on the development of
thousands of workspaces. IBT offers a comprehensive range of integrated
services, including retail distribution strategy, market research, space
planning, design and construction, performance training and coaching. IBT is a
certified Woman Owned Business Enterprise and a member of the U.S. Green
Building Council. For more information about IBT Enterprises visit
www.ibtenterprises.com .
About Inc.com
Inc.com, the Daily Resource for Entrepreneurs, delivers advice, tools,
breaking news, and rich multi-media to help business owners and CEOs start,
run, and grow their businesses more successfully. Information and advice
covering virtually every business and management task, including marketing,
sales, finding capital, managing people can be found at www.inc.com .
Media Contact
For IBT:
Brian Boudreaux
Arketi Group
404-929-0091 x211
bboudreaux@arketi.com
SOURCE IBT Enterprises
Copyright © 2008, PRNewswire
Copyright © 2008, NewsBlaze,
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