Matrix Companies Ranks No. 900 on the 2007 Inc. 5,000
with Three-Year Sales Growth of Nearly 400%
CINCINNATI, OH – September 5, 2007 – The Matrix Companies ranks No. 900 on Inc. magazine’s inaugural list of the 5,000 fastest-growing private companies in the country, Matrix Companies president Brent Messmer announced today.
The Inc. 5,000 – an extension of Inc.’s annual Inc. 500 list – was established to recognize businesses that either are too big to grow at the pace required to make the Inc. 500, or that may be too small to make the list but nevertheless are growing at a rapid pace.
The 2007 Inc. 5,000, as revealed online at www.inc.com, reported median revenue of $9.4 million and median three-year growth of 140 percent.
“The Inc. 5,000 provides the most comprehensive look ever at the most important part of the economy – the entrepreneurial part,” said Inc. 5,000 Project Manager Jim Melloan. “The expansion of the list has allowed us to tell the stories of larger companies, older companies, and a wealth of companies in industries like Manufacturing and Construction that are underreported in the business media. Taken as a whole, these companies represent the backbone of the U.S. economy.”
In the last two years alone – in addition to its Inc. 5,000 ranking – the Matrix Companies has won the Cincinnati USA Regional Chamber’s Emerging Business of the Year award and ranked No. 18 on the Cincinnati Business Courier’s Fast 55. Last year, the company also ranked #1 in the Fast 55 revenue-category ranking of the fastest growing companies in the 15-county region.
“We sincerely appreciate our clients for their continual support and for placing their trust in us. Having said that, this would not possible were it not for the incredible group of dedicated employees who follow our business model every day. Only through their commitment are we able to achieve the level of success we have in such a short amount of time,” Messmer said.
The Matrix Companies is a full-service risk management company with workers’ compensation group rating and claims administration accounting for 75 percent of total revenue. Other services provided include vocational rehabilitation, investigations and commercial security systems.
The seven-year-old company presently occupies 10,600 square feet in the PNC Tower in Roselawn and employs a staff of 38.