Inc. Magazine has revealed that Blue Layer is No. 220 on its second annual Inc. 5000 Regionals: Texas list, the most prestigious ranking of the fastest-growing, Texas-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Texas economy’s most dynamic segment—its independent small businesses.
The companies on this list show stunning rates of growth across all industries in Texas. Between 2017 and 2019, these 250 private companies had an average growth rate of 210%. In 2019 alone, they employed more than 44,000 people and added more than $9 billion to the Texas economy, with companies based in the largest metro areas—Dallas, Houston, and Austin—bringing in the highest revenue overall.
“Being recognized on the Inc. 5000 Regionals list for the state of Texas is a tremendous honor,” said Blue Layer COO, Michael Strong. “For decades, the Inc. 5000 has been the global standard for industry exclusivity and credibility. Now, with the regional list, Blue Layer has earned the unique opportunity to be considered among our state’s very best and fastest-growing privately-held companies.”
The 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately-held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
“This list proves the power of companies in Texas no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
Complete results of the Inc. 5000 Regionals: Texas, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/texas.
Want to learn more about Blue Layer’s right-sized IT services? Contact our team to learn more about West Texas’ most recognized, award-winning MSP.
About Inc. Media
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.