Response Team 1, a leading national property restoration, disaster loss recovery, and multifamily renovation company, has been named for the second consecutive year to the coveted Inc. Magazine 5000 list as one of the fastest growing private companies in America. The company captured the 352nd slot in the ranking, up from 422 last year, with revenue of $173.5 million.
The list is determined by the rate of revenue growth from 2011 to 2014. Response Team 1 grew revenue 1,339 percent in three years, making it the ninth fastest growing construction company nationally and in the top 20 of all Chicago metro area firms.
“To be included among the top 500 companies on the Inc. list for a second consecutive year demonstrates our ongoing commitment to building our business,” said John M. Goense, chairman and chief executive officer of Response Team 1. “Over the last three years we added 560 employees to the RT1 team. Our success is due to the talent, dedication and hard work of our employees.
“As we grow in the U.S. market, we will continue to make it our mission to provide the highest quality service while delivering optimal results to our customers.”
The Inc. 500 | 5000 list represents an exclusive ranking of the nation’s fastest-growing private companies, and includes a comprehensive look at the most important segment of the economy – America’s independent entrepreneurs.
To qualify, participants had to be U.S.-based, privately held, for profit, and independent companies – not subsidiaries or divisions of other companies – that were founded and generated revenue by March 31, 2011.
Complete results, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, is available at www.inc.com/inc5000.