Inc. Magazine Unveils 35th Annual List of America’s Fastest-Growing Private Companies — the Inc. 5000
HomeVestors of America, Inc. appears on the list for second time; this year, ranking No. 1257
NEW YORK/DALLAS (August 24, 2016) – Inc. magazine ranked HomeVestors of America, Inc. the We Buy Ugly Houses® people, No. 1257 on its 35th annual Inc. 5000, the most prestigious ranking of the nation’s fastest-growing private companies. The list takes a unique look at the most successful companies within the American economy’s most dynamic segment — its independent small businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.
“We are thrilled to be a part of this list among some of the most well-known companies and brands in America,” said David Hicks, co-president of HomeVestors. “This honor reflects our continuous and significant growth throughout our 20 year history of buying residential properties across the U.S.”
HomeVestors has achieved a tremendous 308 percent growth over the last three years. The company’s focus on a personalized experience for buying and selling houses has led the company to become a force in the real estate industry with 728 franchisees nationwide and growing every quarter.
“It’s been amazing to see our team grow over the last 20 years,” said Ken Channell, co-president of HomeVestors. “It is a privilege to be recognized by Inc. for that growth. We are so excited to be providing franchisees the opportunity to build independently owned and operated businesses by helping customers solve their real estate problems. We are anticipating continued growth as more people who want to have a real estate investment business learn there is a system for accomplishing that dream.”
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc., is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433 percent. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about eight percent of all jobs created in the entire economy during that period. 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 http://www.inc.com/inc5000.
“The Inc. 5000 list stands out where it really counts,” says Inc. president and editor-in-chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”
Consideration for this prestigious award is based off of companies that have generated at least $100,000 in revenue in 2012 and at least $2 million in revenue in 2015. The annual Inc. 5000 event honoring all the companies on the list will be held from October 18 through 20, in San Antonio, TX. Speakers include some of the greatest entrepreneurs of this and past generations, such as best-selling author and strategist Tony Robbins, SoulCycle co-founders Elizabeth Cutler and Julie Rice, Cornerstone OnDemand founder, president and CEO Adam Miller, Marvell Technology Group director and co-founder Weili Dai, and New Belgium Brewing co-founder and executive chair Kim Jordan.
Dallas-based HomeVestors of America, Inc. is the largest professional house buying franchise in the U.S., with more than 65,000 houses bought since 1996. HomeVestors® recruits, trains and supports its independently owned and operated franchisees that specialize in building businesses based on buying, rehabbing, selling and holding residential properties. Most commonly known as the “We Buy Ugly Houses®” company, HomeVestors strives to make a positive impact in each community. In 2015, for the tenth consecutive year, HomeVestors was among the prestigious Franchise Business Review’s “Top 50 Franchises,” a distinction awarded to franchisors with the highest level of franchisee satisfaction. In 2015, HomeVestors was recognized as the 19th fastest growing franchise by Entrepreneur Magazine and in 2016 the company is number 91 in the Franchise 500 by Entrepreneur Magazine. For more information, visit www.HomeVestors.com.
More about Inc. and the Inc. 500|5000
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 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. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 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 of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.