Durham-Based IT Company Ranks No. 2,286 on the List of Fastest-Growing Private Companies in the U.S.
DURHAM, N.C., August 22, 2019 (Newswire.com) - OnPar Technologies (www.onpartech.com) — a full-service Microsoft solutions provider delivering innovative business solutions to customers nationwide — is proud to announce its inclusion in the 2019 Inc. 5000. The Inc. 5000 is an annual list recognizing the fastest-growing privately held companies in the United States. This year, OnPar Technologies ranks No. 2,286.
Inc. (www.inc.com), a weekly magazine that covers small businesses and startups, releases an annual list of the top 500 and 5,000 fastest-growing private companies. This list represents a unique look at a traditionally dynamic segment of the U.S. economy — independent small and midsized businesses. Companies such as Microsoft, LinkedIn, Yelp and Domino’s Pizza received their first national exposure as honorees of the Inc. 5000. This year’s list achieved an astounding three-year 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 last three years.
During the last three years, OnPar Technologies grew 176 percent, with a 2018 revenue of $4 million. This is OnPar Technologies’ second consecutive year on the Inc. 5000 list. The company ranked No. 1,609 in 2018.
“It’s an incredible honor to be included on the 2019 Inc. 5000 for the second year in a row,” OnPar Technologies CEO Jeremy McParlan says. “Recognition like this motivates us to keep finding new ways of providing the best full-service Microsoft solutions to our customers.”
Complete results of the Inc. 5000, including company profiles and an interactive database, can be found at www.inc.com/inc5000.
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 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. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success.
About OnPar Technologies
OnPar Technologies is a cloud-first, full-service Microsoft partner dedicated to delivering transformative technology solutions to help businesses prosper in the digital age. With various technology certifications, OnPar Technologies is a recognized expert at the forefront of Microsoft technology advancements and couples these powerful technologies to empower our customers and transform businesses. For more information, visit www.onpartech.com or visit our LinkedIn, Twitter or Facebook.
Source: OnPar Technologies