Inc. Magazine Names Think One of America’s Fastest-Growing Private Companies for the Third Consecutive Year
Think ranks 3,006 on Inc. Magazine’s 2023 list of America’s 5,000 fastest-growing companies.
BALTIMORE, MD, August 21, 2023– Think, a national management consulting firm that helps both the private and public sectors achieve operational excellence, announced today it has been named to Think Magazine’s 2023 Fastest-Growing Private Companies list for the third consecutive year.
Think ranked 3,006 on Inc.’s list of the 5,000 fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other name brands gained their first national exposure as honorees on the Inc. 5000.
“It is an honor to once again make the Inc. 5000 list with so many exceptional companies across the country,” said Tony Gruebl, founder and CEO of Think. “In spite of rising inflation and threats of recession we focused on executing our strategy and our team delivered. We are bullish on our business and on our prospects.”
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
Think has grown an average of 44% per year over the last three years and employs 260 consultants and professionals in regions across the country. This past March Think and HighPoint Digital, Inc., a leading provider of IT and customer experience solutions in the government sector, announced that via their joint venture Think HighPoint JV, LLC were awarded a contract with a total value of approximately $108 million for the Centers for Medicare & Medicaid Services (CMS).
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
For the complete 2023 Inc. 5000 list, go to www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.
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Founded in 2004, Think is a national management consulting firm serving both the private and public sectors. Think is a transformative partner that helps clients bridge the gap between the company they are today and the company they want to become. Founded on the principles of trust and reliability, we approach every challenge with a fighting spirit and the resolve required to redefine the standard for operational excellence across sectors and at any life cycle stage of business. Our team comprises senior executives with deep experience in Technology, Human Capital, Operations and diverse industry knowledge and perspective. Simply put, our advisor-experts supercharge transformation and the right structuring. To learn more visit us at https://thinkconsulting.com.
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent – not subsidiaries or divisions of other companies – as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visitwww.inc.com. For more information on the Inc. 5000 Conference & Gala, visithttp://conference.inc.com/.