Inc. magazine has named Petrelli Previtera Schimmel #2703 on its 2019 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. As an Inc. 5000 honoree, the firm joins the ranks of Microsoft, Dell, Pandora, Timberland, LinkedIn, Yelp, and others.
Since 1982, the Inc. 5000 list has honored companies’ extraordinary journeys. The list is the most prestigious honor for growing private businesses and business leaders. Companies on the 2019 Inc. 5000 are listed on Inc.com.
To qualify for Inc. 5000, companies must have been established and generating revenue by March 31, 2015. They must be U.S.-based, privately held, for-profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2018. The minimum revenue required for 2015 is $100,000. The minimum for 2018 is $2 million. Inc.’s September issue features the top 500 companies on the list.
‘Astounding’ Three-Year Growth
Honorees are very competitive within their markets. Inc. noted that this year’s list as a whole shows staggering growth compared with prior lists. Companies on the 2019 list achieved an astounding three-year average growth of 454 percent and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
Founded in 1979, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies. Inc. received the National Magazine Award for General Excellence in both 2014 and 2012. The monthly audience reach for the brand has been growing significantly, from 2 million in 2010 to more than 20 million today.
Inc. has produced the Inc. 5000 since 1982. This prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. This year’s event is on October 10 to 12 in Phoenix, Arizona. Speakers include some of the greatest innovators and business leaders of our generation.