94 MN Cos. Make Inc. 5000 List; 8 Rank in Top 500
Ninety-four Minnesota companies made Inc. magazine’s 2012 list of the 5,000 fastest-growing private companies in America—eight of them ranking in the top 500 and 17 ranking in the top 1,000.
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The list is based on each company’s percent revenue growth between 2008 and 2011. Here’s a look at the eight businesses that made the top 500:
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GarbageMan, A Green Company
• Rank: 71
• Description: An environmentally conscious garbage collection and disposal service and franchisor
• Headquarters: Plymouth
• 2011 revenue: $4.5 million
• Three-year growth rate: 3,684%
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Code 42 Software
• Rank: 313
• Description: Develops the data protection and backup software CrashPlan (personal backup), and CrashPlan PRO for enterprise-level customers
• Headquarters: Minneapolis
• 2011 revenue: $18.5 million
• Three-year growth rate: 1,194%
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MetroSpec Technology
• Rank: 333
• Description: Manufactures custom FlexRad LED light circuits
• Headquarters: Mendota Heights
• 2011 revenue: $5.8 million
• Three-year growth rate: 1,144%
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DefySupply.com
• Rank: 402
• Description: Sells discounted furniture online—more than 4,000 products—that it obtains directly from global manufacturers
• Headquarters: Minneapolis
• 2011 revenue: $2.4 million
• Three-year growth rate: 931%
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USP&E Global
• Rank: 421
• Description: Sells, installs, and services diesel, natural gas, and heavy fuel oil generators, gas turbine power plants, and switch gear and data center equipment
• Headquarters: Celina
• 2011 revenue: $43.8 million
• Three-year growth rate: 884%
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Erickson Builders
• Rank: 455
• Description: A family-owned, full-service residential and commercial contractor
• Headquarters: Rogers
• 2011 revenue: $6 million
• Three-year growth rate: 832%
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Intuitive Technology Group
• Rank: 461
• Description: Helps companies manage and support their IT infrastructure, from server to desktop to handheld
• Headquarters: Bloomington
• 2011 revenue: $12.2 million
• Three-year growth rate: 827%
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AimClear
• Rank: 463
• Description: A social media, PR, search, and display marketing agency
• Headquarters: Duluth
• 2011 revenue: $3.4 million
• Three-year growth rate: 823%
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The Minnesota companies that ranked between 501 and 1,000 on the list are Bulk Reef Supply, OppSource, Zeroez Carpet Care, ClickToShopLLC.com, ShopJimmy.com, Horizontal Integration, Renters Warehouse, Outsell, and WaterFilters.Net.
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Minnesota companies that ranked between 1,001 and 5,000 include some names you might recognize. Among them: The Nerdery, Olson, Proto Labs, Archway, Seward Co-op Grocery, Haberman, Trissential, Anytime Fitness, Prime Therapeutics, Knock, Great Clips, Loffler Companies, and Snap Fitness.
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Ranking first on Inc.’s list is Unified Payments, a North Miami Beach, Florida-based company that provides payment processing services to merchants across the United States. Its revenue grew 23,646 percent between 2008 and 2011. Second was Annapolis Junction, Maryland-based Astrum Solar, which grew 23,577 percent over the three-year period, and Alpharetta, Georgia-based Edge Solutions, which grew 21,036 percent.
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To see the Minnesota companies that made the Inc. list, click here. To see the full list of all 5,000 companies, click here.