Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000…
Inc. magazine today revealed that Everest Ice and Water Systems (www.everesticeandwater.com) is No. 2024 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. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are honored and humbled to be recognized as a part of the Inc. 5000 List for 2021,” says Dan Doromal, Director of Operations of Everest, “When this company was started, our goal was to completely change the way people in this country purchase ice. Our team has continued to innovate and push boundaries by introducing new technologies into an industry that has remained stagnant for a great many years. We are so very proud of how far our team has come and very excited for the road ahead”
Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which will be available on newsstands on August 20. “The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”
Methodology Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year’s Inc. 5000. 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
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 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com. For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/
Everest has been an Ice and Water Vending manufacturer since 2008, originally starting out of Pittsburgh, PA. We understand that to grow in this industry the focus must be primarily on product innovation and reliability. We focus on and continue to focus on engineering and design to simplify the lives of their customers and machine operators.
The Everest motto, Always Climbing, originates from the primary focus of supporting business owners in the ice industry by providing the best equipment in the industry. Everest did not design a machine that monetizes Everest’s service and support. The industry and Everest’s competitors make revenue centers out of supporting the machine. Everest does not believe in that. Their goal is to help the customer become as successful as possible with their first machine so we can celebrate with them when they purchase their tenth, twentieth, and fiftieth machine.