Inc. magazine’s annual Inc. 5000 ranking of the country’s fastest-growing private companies has long showcased the accomplishments of promotional products companies, and 2019 is no exception.
West Palm Beach-headquartered United Franchise Group—distributor Fully Promoted (PPAI 240143, D12) is one of its affiliated companies—made this year’s list, ranking at No. 4348 with a three-year growth rate of 70 percent. Ray Titus, United Franchise Group’s founder and CEO, says, “Being recognized by Inc. magazine is a true honor because it not only recognizes our growth as a company, but it’s a reflection of the hard work and dedication each of our employees and franchisees brings to the workplace every day.”
This year, nine of Cleveland, Ohio-based Proforma’s (PPAI 196835, D13) affiliated distributors made the magazine’s list. In order of ranking, they are: Springboard Promotions, ranked at No.902 with 471 percent growth; The Idea Box, ranked at No.1320 with 311 percent growth; Think Ink, ranked at No.1332 with 310 percent growth; Angelini + Diamond Solutions, ranked at No.1500 with 276 percent growth; BrandCentric Solutions, ranked at No.1615 with 255 percent; Printing Systems, ranked at No.2592 with 151 percent; The Branding Agency, ranked at No.3559 with 98 percent growth; GPS Global Promotional Sourcing, ranked at No.3801 with 88 percent growth; and Add-A-Line, ranked at No.4257 with 72 percent growth.
“We are very proud that Proforma was once again recognized for the consistently remarkable growth our owners have achieved in recent years,” says Proforma Founder Greg Muzzillo. “It’s exciting to lead a network of owners who are shaping the future of the print and promo industry.”
Other industry companies on the list include: Advoc8, No. 199 with 2,027 percent growth; iClick, No.1208 with 339 percent growth; MRL Promotions, No. 1282 with 321 percent growth; Whitestone Branding, No.1623 with 254 percent growth; SoBe Promos, No.1783 with 229 percent growth; Doing Good Works, No. 2062 with 195 percent growth; Culture Studio, No.2793 with 135 percent growth; Brandito, No.3344 with 107 percent growth; Swag Promo, No.3577 with 98 percent growth; Creative Studio Promotions, No.4177 with 75 percent growth; TK Promotions, No.4206 with 74 percent growth; and The Icebox, No.4254 with 72 percent growth.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. Editor-in-Chief James Ledbetter. “There’s no single course you can follow or investment you can make that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
To be eligible for the 2019 Inc. 5000, businesses must have met certain criteria, including being privately-owned, for-profit, based in the United States and generated at least $100,000 in 2015 and $2 million in 2018.