For the 1st time, NDSE appears on the Inc. 5000, with a Three-Year Revenue Growth of 61% 

NEW YORK, August 12, 2020Inc. magazine today revealed that NDSE is on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. We are honored to be included on the Inc. 5000 list for 2020,” said Michael Pfaff, Director of Operations of NDSE.  “To be recognized along-side some of the most successful businesses in the world is truly humbling.  We have considerable goals for our company each year.  Thanks to our dedicated, hard-working team and the trust of our clients, we have been able to achieve these goals year after year.  This combined with our progressive approach and ability to continuously think outside the box has enabled us the 61% growth over the past three years.” 

Complete results of the Inc. 5000, including company profiles, can be found at www.inc.com/inc5000.  NDSE’s Profile can be found here: www.inc.com/profile/NDSE

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 1 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.”

 

More about the Inc. 5000

Methodology

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.