RENOVO SOLUTIONS RANKS ON INC. 5000 FOR THIRD YEAR IN A ROW
August 21, 2018
FOR IMMEDIATE RELEASE
Contact: Luis Rodriguez
Vice President, Sales & Marketing
RENOVO SOLUTIONS RANKS ON INC. 5000 FOR THIRD
YEAR IN A ROW
Irvine, CA (August 21, 2018) – RENOVO SOLUTIONS announced today that Inc. Magazine ranked RENOVO as No. 4136 on its annual 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. This is the third consecutive year that RENOVO SOLUTIONS has appeared on the Inc. 5000 list. https://www.inc.com/profile/renovo-solutions
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 healthcare 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.
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.
About Inc. Media:
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. For more information, visit www.inc.com.
About RENOVO SOLUTIONS
RENOVO SOLUTIONS provides technology management service solutions to reduce costs, increase quality, and improve equipment performance in healthcare, research and life science organizations nationwide. They also provide unbiased technology management consulting. For more information, visit www.Renovo1.com.