BridgePoint Technologies Ranks No. 2279 on the 2010 Inc. 5000 with Three-Year Sales Growth of 111%
NEW YORK, August 24, 2010 -- Inc. magazine today ranked Oak Brook-based IT consulting firm BridgePoint Technologies NO. 2279 on its fourth annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. BridgePoint Technologies was also ranked 90th on the list of fastest-growing private companies in the Chicago metro area.
"We are truly proud of receiving this recognition for the second year in a row and during one of the hardest economic recessions on record”, said Michael Millhouse CEO and President. "This was made possible by the hard work and dedication of everyone at BridgePoint. It is an honor to be part of the 2010 Inc. 5000 list."
As a full service Information Technology consulting firm, BridgePoint is able to offer its clients a comprehensive suite of scalable business solutions that have consistently helped customers reduce costs, increase revenue and gain competitive advantage through technology.
"Providing cost effective technology solutions has been our model since day 1 and we continue that tradition even more so now as companies are struggling to keep up in a tough economy. Being selected for the 2010 Inc. 5000 List is a testament to the technology solutions and customer service we provide to our clients and we couldn’t be prouder", said John Gavilan, Vice President and CTO of BridgePoint Technologies.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
Despite the fact that most of this year’s measuring period of 2006-2009 took place during the latest recession, aggregate revenue among the companies on the list actually increased to $321.6 billion, up more than 50 percent from last year. The effects of the recession are seen, however, in the median three-year growth rate, which dropped to 96 percent from last year’s 126 percent. This year’s Inc. 5000 employ a record 1.4 million people, up from one million on last year’s list. With unemployment remaining stubbornly high, policymakers and business leaders will do well to look to the Inc. 5000 companies for fresh ideas on achieving growth and creating jobs.
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 www.inc.com/5000.
Methodology
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2006 is $80,000; the minimum for 2009 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. The top 10 percent of companies on the list constitute the Inc. 500, now in its 29th 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 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.
About BridgePoint Technologies
BridgePoint Technologies is an Information Technology consulting firm that delivers innovative, scalable business solutions to help our clients reduce costs, increase revenue and gain competitive advantage through technology. We work closely with clients to understand their unique business needs and then develop a roadmap on how best to achieve those goals utilizing best-of-breed technologies. With four strategic business units – IT Consulting and Staffing, IT Managed Services, Hosting and Design Services, and Custom and Mobile Application Development, BridgePoint is able to offer their clients a comprehensive suite of scalable business solutions that have consistently helped customers reduce costs, increase revenue and gain competitive advantage through technology.
For more information about the company, please visit http://www.mybridgepoint.com
Media Contact: Laura Barker, 630-368-2981, lbarker@mybridgepoint.com