Single Path announced today it has been named to Inc. magazine’s 27th annual Inc. 500 list of the fastest-growing private companies in the U.S. With a three year sales growth of 642.5%, Single Path is ranked number 15 of privately held fast growth telecommunications companies in the nation and number 27 in the overall privately held businesses in the Midwest region. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Companies such as Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel, Oracle and hundreds of other powerhouses gained early exposure as members of the Inc. 500.
“If you want to find out which companies are going to change the world, look at the Inc. 500,” said Inc. Editor Jane Berentson. “These are the most innovative, dynamic, fast-growing companies in the nation – the ones coming up with solutions to some of our knottiest problems, creating systems that let us conduct business faster and easier, and manufacturing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”
“Everyone at Single Path is honored to receive this prestigious recognition from Inc. 500. It further affirms our growth goals and objectives over the past three years” said Rob Koch, Single Path’s Managing Partner. “We look forward to continued growth and providing innovative advanced technology solutions to our clients”, Koch went on to say.
The 2008 Inc. 500 reported aggregate revenue of $13.7 billion and median three-year growth of 1,046%. Additionally, the 2008 Inc. 500 companies were engines of job growth, having created more than 51,414 jobs since those companies were founded.
Complete information on this year’s Inc. 500, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at http://www.inc5000.com .
The 2008 Inc. 500/5000 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 Single Path: Located in Lombard, IL, Single Path provides Cisco Unified Communications solutions to the commercial marketplace with vertical expertise in Education and Healthcare. In addition to more than 600 IP Communication deployments and over 100 years of combined local sales and engineering experience, Single Path is a market leader in Voice, Data, and Video. Single Path specializes in providing technology centered solutions to small and medium sized businesses while focusing on utilizing assets, lowering costs, collaborating, and driving dynamic workforces that can grow and evolve to meet the challenges of the changing business environment.
For more information about Single Path, please visit http://www.singlepath.com or call 866-609-PATH.
About Inc. magazine Founded in 1979 and acquired in 2005 by Mansueto Ventures, LLC., Inc. magazine ( http://www.inc.com ) 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 724,110, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.