Firm Makes List of America’s Fastest-Growing Private Companies for 7th Straight Year
ATLANTA, Georgia – September 16, 2014 – Insight Sourcing Group, the premier management-consulting firm focused exclusively on procurement, announced today that it has been recognized by Inc. Magazine for the seventh consecutive year as one of the fastest growing companies in the United States. The annual Inc. 500|5000 is an exclusive ranking of the nation’s fastest-growing private companies. Insight Sourcing Group’s impressive growth placed it at 2,635 on this year’s list, with revenue increasing nearly 143% since 2011.
“Starting with our ranking as number 228 on the 2008 Inc. 500 list and now with our 7th year in a row on the Inc. 500/5000 list, our growth and success can be attributed to three things,” said Tom Beaty, founder and CEO. “First, create a fantastic client-focused value proposition with a measurable ROI, and then deliver it with passion and a commitment to the pursuit of excellence for the sake of excellence. Second, attract the absolute best and brightest and retain them by creating a great place to build a career. Finally, recognize that even great services become obsolete so never be satisfied and always innovate.”
The 2014 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2012.
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. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today.
About Insight Sourcing Group
Insight Sourcing Group is the premier management consulting firm focused exclusively on strategic sourcing and procurement-related services in North America.
Founded in 2002, the firm works with senior executives and procurement leaders to accelerate strategic sourcing savings, increase spend visibility, provide category intelligence, and implement procurement best practices. With hundreds of corporate and more than 50 private equity clients, Insight Sourcing Group has developed a reputation for delivering big impact. Typical client results include up to a 30% EBITDA improvement, 842% first-year return on investment, and project payback in less than 90 days.
Insight Sourcing Group has also developed a market-leading spend visibility technology called SpendHQ™ which provides on-demand spend visibility to drive strategic sourcing results & on-going analytics to measure performance and compliance.
Inc. Magazine has ranked Insight Sourcing Group among the fastest growing private companies in America every year since 2008, making Insight Sourcing Group one of the few firms to be listed seven years in a row. In 2014, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the US and the #2 Most Innovative Consulting Firm by Vault.com.