 Inc. Magazine Reveals Its 25th Annual List of America’s
500 Fastest-Growing Private Companies
CarterBaldwin Ranks No. 455 on the 2006 Inc. 500 with a
Three-Year Sales Growth of 327%
NEW YORK/ATLANTA – August 24, 2006 – nc., The Handbook of the American Entrepreneur, today announced its 25th annual Inc. 500 ranking of the fastest-growing private companies in the country. CarterBaldwin, a premier executive search firm, is one of only 20 Atlanta companies to be included on this year’s list. The Company ranks #455, with a three-year sales growth of 327%. This is the second consecutive year CarterBaldwin has been included on the Inc. 500 an honor shared with only 40% of the organizations included on this year’s list.
The 2006 Inc. 500, as revealed in the September issue of Inc., reported the most robust bunch of companies the magazine has ever compiled, with aggregate revenue of $19.7 billion, up from $16.5 billion last year and $12.9 billion in 2000. The two largest companies on this year’s Inc. 500 are the biggest ever to make the list – No. 170 Western Refining ($3.4 billion in revenue) and No. 376 Newegg.com ($1.26 billion) – and the third and fourth companies in Inc. 500 history to crack the billion-dollar mark. In all, 14 companies topped $200 million in annual revenue, compared with 11 last year.
Most important, the 2006 Inc. 500 companies were engines of job growth, having created more than 90,000 jobs since those companies were founded.
“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-growth companies in the nation, the ones coming up with solutions to some of our most intractable ills, 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.”
"It is exciting and gratifying to receive such a prestigious ranking," said Jennifer Poole Sobocinski, Managing Partner at CarterBaldwin. "It truly reflects the spectacular results our team consistently works so hard to achieve.”
The 2006 Inc. 500 list measures revenue growth from 2002 through 2005. To qualify, companies had to be U.S.-based, privately held independent – not subsidiaries or divisions of other companies – as of December 31, 2005, and have, and have at least $600,000 in net sales in the base year.
Visit www.inc.com to dig deeper into this year’s Inc. 500 rankings.
About CarterBaldwin
CarterBaldwin is a premier executive search firm focused on identifying top industry leaders, including CEOs, Board Members, Vice Presidents and Directors, for dynamic companies throughout the United States. With more than 40 years of combined experience, the partners at CarterBaldwin have a proven track record of delivering personalized, high quality search services to their clients who include leading Fortune 500 companies, medium-sized businesses and pre-profit startups across multiple industries. For more information, visit www.carterbaldwin.com.
About Inc.
Inc., the only major business magazine dedicated exclusively to owners and managers of growing private companies, delivers real solutions for today’s innovative company builders. It provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Inc. is also the only publication that focuses on small to medium-size businesses, responsible for more than half the nation’s gross domestic product and 70% of its new jobs. And Inc. looks beyond work to address the entrepreneurial lifestyle. Inc., a Mansueto Ventures LLC publication, inspires and informs, with cutting-edge coverage that reflects our readers’ energy, brashness, and imagination. For more information, visit www.inc.com.
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For more information about this topic, or to schedule an interview with CarterBaldwin, please call Noelle Abarelli at (404) 377-9831 or e-mail noelle@soleadomarketing.com.
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