Inc. Magazine Unveils Exclusive List of America’s Fastest-Growing Private Companies—the Inc. 5000

NEW YORK-(Business Wire)-September 21, 2009 - Inc. magazine has ranked NorthStar Moving Corporation No. 2,500 on its third annual Inc. 5000, NorthStar Moving’s third consecutive ranking on this exclusive list of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy—America’s independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.

“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”

NorthStar Moving Corporation, the leading residential and commercial mover in California, offering local, intrastate, interstate, and international moves, as well as storage services, has redefined the moving industry as the first to offer eco-luxury moving services, elevating basic moving and storage services to a new unparalleled level of customer service, customized care, and environmental consciousness. NorthStar Moving provides special care to ensure valuables are well protected—from convenient mobile storage, to eco-luxury service packages including partnerships with domestic recyclers to recycle old household items responsibly as well as professional organizers, home tech services, and even Oprah’s dog trainer. The award-winning company is proud to provide its RED CARPET SERVICE and totally green biodiesel fleet as well other environmental-friendly practices to its celebrity clientele and continues its rapid growth in the luxury moving market.

The 2009 Inc. 5000, unveiled on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. 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 on Inc.com.

This year’s list also offers a preview of which industries are poised for growth in coming years. With an average growth rate of 667 percent, Insurance ranked as the top industry overall. Government Services was the top industry gainer with 252 companies on this year’s list, up from 135 last year. Health is the top industry by both total revenue ($22.7 billion) and total employment (156,223 jobs).

The Hottest Regions for Fast-Growing Companies

Once again, California tops the Inc. 5000 with the most companies of any state with 612. The Golden State is followed by Texas (393), New York (316), Florida (263), and Virginia (261). All 50 states, plus Washington, D.C., and Puerto Rico, are represented on this year’s list.

New York boasts 371 Inc. 5000 companies, making it the top metropolitan area, followed by Washington, D.C. (317), Los Angeles (253), Atlanta (209), and Chicago (203).

The Inc. 5000 at a Glance

Bolstered by this year's No. 1 company, Northern Capital Insurance, Insurance emerged as the top industry, with an average growth rate of 667 percent. Other strong performers include Energy (523 percent) and Government Services (491 percent).

In total, the companies on the Inc. 5000 have created more than 1 million jobs. Health is the top employer with 156,223 jobs, followed by Business Products & Services (122,911), IT Services (89,632), Food & Beverage (86,572), and Construction (65,494).

IT Services had the most companies on this year’s list with 658, followed by Business Products & Services (502), Advertising & Marketing (398), Construction (354), and Manufacturing (342).

Topping this year’s list is Northern Capital Insurance, a Miami-based firm that is helping to revolutionize Florida’s ailing insurance industry. The company generated $95 million in revenue in 2008 and an impressive three-year growth rate of 19,812 percent.

The top woman-owned company is P3S (No. 17 overall), a San Antonio–based firm that provides IT network security and physical security services, mostly to the Defense Department. P3S, owned by Mary Ellen Trevino, recorded revenue of $13.5 million in 2008 and a three-year growth rate of 5,898 percent. The top minority-owned company is Harley Stanfield (No. 3 overall), a Washington, D.C.–based real estate investment firm that buys existing properties, makes them energy efficient, and then resells them as investment properties. Harley Stanfield, founded by Cedric Franklin, posted revenue of $38.4 million in 2008 and a three-year growth rate of 13,350 percent.

The Inc. 5000 posted an aggregate revenue of $214 billion in 2008, up nearly 16 percent from the previous year. The top five industries by total revenue include Health ($22.7 billion), Business Products & Services ($19.6 billion), Construction ($18.8 billion), Energy ($14.7 billion), and IT Services ($13.2 billion).

The Top 10 Inc. 5000 Companies Ranked by Growth

Rank

Company

Location

Industry

Year
Founded

Three-Year Revenue Growth

2008
Revenue

No. 1

Northern Capital Insurance

Miami

Insurance

2003

19,812.2%

$95 million

No. 2

National Retirement Partners

San Juan Capistrano, California

Financial Services

2003

13,416.4%

$47.4 million

No. 3

Harley Stanfield

Washington, D.C.

Real Estate

2003

13,350.3%

$38.4 million

No. 4

Perfect Fitness

Mill Valley, California

Consumer Products & Services

2002

12,749.3%

$63.5 million

No. 5

IntegraClick

Sarasota, Florida

Advertising & Marketing

2002

12,654.4%

$96.4 million

No. 6

Kiva Systems

Woburn, Massachusetts

Logistics & Transportation

2003

10,399%

$21.4 million

No. 7

Freedom Health

Tampa

Insurance

2004

10,035.3%

$182.8 million

No. 8

One Technologies

Dallas

Advertising & Marketing

2000

9,946.4%

$50.7 million

No. 9

MediaTrust

New York City

Advertising & Marketing

2004

9,481.1%

$38.3 million

No. 10

Criterion Systems

Vienna, Virginia

Government Services

2005

8,433.7%

$20.3 million

The Top 10 Inc. 5000 Companies Ranked by Total Revenue
Overall Rank	Company	Location	Industry	2008 Revenue
No. 4606	Hy-Vee	West Des Moines, Iowa	Food & Beverage	$6.2 billion
No. 3304	CH2M Hill	Englewood, Colorado	Engineering	$5.6 billion
No. 826	Maxum Petroleum	Old Greenwich, Connecticut	Energy	$4.9 billion
No. 1178	Lansing Trade Group	Overland Park, Kansas	Business Products & Services	$4.4 billion
No. 1710	Medical Management Options	Baton Rouge, Louisiana	Health	$4.4 billion
No. 4445	Kingston Technology	Fountain Valley, California	Computer Hardware	$4 billion
No. 3771	Brightstar	Miami	Telecommunications	$3.6 billion
No. 3474	CoBank	Greenwood Village, Colorado	Financial Services	$2.6 billion
No. 4219	Cooper-Standard Automotive	Novi, Michigan	Manufacturing	$2.6 billion
No. 4288	IASIS Healthcare	Franklin, Tennessee	Health	$2.1 billion

Methodology

The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent — not subsidiaries or divisions of other companies — as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at Inc.com.

About the Inc. 500|5000 Conference

Each year, Inc. and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars—the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. 5000 community, both a new class of Inc. 5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 23–25, 2009, at the Gaylord National Resort and Convention Center in National Harbor, Maryland. For more information about the 2009 Inc. 500|5000 Conference & Awards Ceremony, and to register, visit www.Inc5000event.com. Stay connected with Inc. Events by following @IncEvents on Twitter.

About NorthStar Moving Corporation

Founded in 1994, Los Angeles-based NorthStar Moving Corporation has redefined the moving industry as the first to offer eco-luxury moving services, elevating basic moving and storage services to a new unparalleled level of customer service, customized care, and environmental consciousness. “A+” rated by the Better Business Bureau, recently voted Citysearch “Best Mover”, featured in The Robb Report Collection, recommended by The Franklin Report, MovingInsurance.com, GreenMoversUSA, and an impressive list of celebrity clientele, NorthStar Moving has proven the state-of-the-art way to move is with its red carpet service. In addition, NorthStar Moving’s corporate culture and growth continue to blaze a trail locally and nationally, ranked on the Inc. 5,000 list for the fastest growing companies in the U.S. for the third consecutive year, named one of the Top 100 Fastest Growing Private Companies by the Los Angeles Business Journal, and one of the Top 50 Fastest Growing Private Companies for the third consecutive year and ranked number four in the Top 30 Best Places to Work by the San Fernando Valley Business Journal. The company's services include local, long distance, international, residential, and commercial moves, as well as full-service and mobile storage. NorthStar Moving Corporation’s mission is to exceed their clients’ expectations with graceful customer care and to move service back into what should have always been the ultimate service industry: the moving industry. For more information, please visit www.NorthStarMoving.com or call (800) Ask-Pros - (800) 275-7767