SNL Financial Named to "Inc. 5000" List of Fastest Growing Private Companies in the U.S. for 2009
Repeating its 2008 honor, SNL is the largest company based in Charlottesville, Va., to make the list.
Charlottesville, VA (Vocus/PRWEB ) August 13, 2009 -- For the second consecutive year, Inc. Magazine named SNL Financial one of the 5,000 fastest growing private companies in the United States. SNL was the largest of three Charlottesville-based companies to make the 2009 edition of the "Inc. 5000" list, with 2008 revenues of $86.3 million, an increase of 119% over three years.
The "Inc. 5000" ranks privately held companies based upon 3-year revenue growth through 2008. SNL rose through the rankings this year to No. 2514, up from its spot at No. 3213 on last year's list, and was one of only 20 Virginia-based companies on the list with revenues of $75 million or more.
Mike Chinn, SNL's president, commented: "We are once again honored to be included on the Inc. 5000 List. The recognition is a testament to the hard work, ingenuity and dedication to excellence of our more than 1,200 employees in nine cities across three continents. Despite the difficult economic climate, our company continues to grow at a favorable pace and remains a leader in the financial information sector."
Methodology
The Inc. 5000 is ranked according to percentage revenue growth from 2005 through 2008. To qualify, companies must have been founded and generating revenue by the first week of 2005, and therefore able to show four full calendar years of sales. Additionally, they have to be U.S.-based, privately held, for profit, and independent -- not subsidiaries or divisions of other companies -- as of December 31, 2008. Revenue in 2005 must have been at least $200,000, and revenue in 2008 must have been at least $2 million. The top 10 percent of companies on the list comprise the Inc. 500, now in its 28th year.
For more information on the Inc. 5000, go to: inc.com/inc5000.
About SNL Financial
SNL Financial is a leading provider of financial information on more than 3,300 public companies and 50,000 private companies in the business sectors critical to the global economy: Banking, Financial Services, Insurance, Real Estate, Energy and Media & Communications. The SNL information service integrates breaking news, comprehensive data and expert analysis into an electronic database available online and updated around the clock. For more information, visit www.snl.com.
SNL Contact:
Monica Jenkins
Press Relations Manager
+1.434.951.6951
mjenkins (at) snl (dot) com
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