Renovo Solutions Ranks on INC. 5000, Again

Renovo Solutions announced that Inc. magazine ranked Renovo as No. 4,136 on its annual Inc. 5000 list, a ranking of the nation's fastest-growing private companies. The list represents a unique look at the successful companies within the American economy’s independent small business segment. This is the third consecutive year that Renovo Solutions has appeared on the Inc. 5000 list.

The entire 2018 Inc. 5000 list is available now online at www.Inc.com.

“RENOVO’S strategy to deliver innovative and cost-effective service solutions to the health care and life science market has positioned us for continued exponential growth. It’s a very exciting time for Renovo at this point in our company’s history. This incredible achievement would not be possible without the hard work and dedication of our employees, as well as through great relationships with our clients," says Sandy Morford, CEO of Renovo Solutions.

Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000's aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

Methodology

The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent – not subsidiaries or divisions of other companies – as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.