FOR IMMEDIATE RELEASE
Inc. Magazine Unveils List of America’s Fastest-Growing Private Companies
NEW YORK, NY – Aug. 12, 2009 – Inc. magazine today ranked Enspire Learning number 3561 on its third annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies.
Enspire Learning is a leading provider of simulation-based management training, leadership development experiences, and online learning solutions. Enspire Learning believes learning that is interactive, meaningful and fun creates a workforce that is more engaged, more capable, and able to provide better business results.
“We are proud to have achieved 67 percent growth over the past 3 years,” said Bjorn Billhardt, CEO of Enspire. “We have a phenomenal team at Enspire and they have worked hard to create innovative learning experiences that have provided real value to our clients. Over the past three years we completed our first seven figure custom e-learning outsourcing project, won accolades for many of our simulation projects, and launched successful products including Executive Challenge, a leadership development simulation, and Fluent in Finance, a business acumen curriculum.”
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on www.inc.com.
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc.is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.