Atlanta-based consulting firm among elite group to rank 11 times on Inc’s annual list of fastest growing private companies.
ATLANTA, Georgia — August 15, 2018 — In 2017, Insight Sourcing Group joined the Inc. 5000’s “10x Club,” the elite group of companies that have ranked for ten consecutive years. Today, the Atlanta-based procurement consulting firm announces that it has been recognized as one of America’s fastest-growing private companies for the eleventh year in a row, reaching a milestone that only a small number of Inc. 5000 honorees reach.
“Of the tens of thousands of companies that have applied to the Inc. 5000 over the years, only a fraction have made the list more than once,” said James Ledbetter, Editor-in-Chief of Inc. Media. “A mere half a percent have made the list 11 times.”
Insight Sourcing Group ranked #3,746 on this year’s list, having posted a three-year sales growth of 98% and adding 45 jobs during the same period. Outside of the firm’s core business of strategic sourcing and procurement consulting, its various business units continue to contribute to the company’s rapid growth: its SaaS-based spend visibility division, SpendHQ, experienced 42% growth in the first half of 2018 and is used by over 250 clients worldwide; its energy consulting division, ISG Enterprise Energy Solutions, has performed over 450 energy cost reduction projects for clients (including several Fortune 200 companies); and InsightGPO has grown to almost 1,000 members that are now leveraging the firm’s indirect group purchasing programs to achieve rapid, quick-hit savings.
“It is a great feeling to make the Inc. 5000 for the 11th year in a row, and I remember the excitement of making the list for the very first time when our firm placed at #226,” says Tom Beaty, CEO and founder of Insight Sourcing Group. “Eleven years later, our continued success is a tribute to the extraordinary team we have built and the great results we continue to deliver for our clients.”
To view the complete list of 2018 Inc. 5000 winners, click here.
About Insight Sourcing Group
Insight Sourcing Group is the largest boutique consulting firm in North America focused exclusively on Strategic Sourcing and procurement-related services. The firm has developed a reputation for the collegiality and high caliber of its team, its tremendous focus on client results, its entrepreneurial and innovative approach to the space, and for its ability to consistently deliver strong outcomes. 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. Insight Sourcing Group has worked with hundreds of corporate clients of all sizes and over 50 Private Equity firms. Learn more at www.insightsourcing.com.
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.