For Immediate Release
CARCHEX Named to Inc. 5000 for Fourth Consecutive Year
Extended Auto Warranty Provider Ranks in 2012 Inc. 5000 with Three-Year Sales Growth of 48%
HUNT VALLEY, MD, September 5th, 2012 — Inc. magazine today ranked CARCHEX NO. 3664 on its sixth annual Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies. CARCHEX, based out of Hunt Valley, Maryland, was featured on the list for the fourth consecutive year.
“We are honored that Inc. 5000 recognized CARCHEX to the list for the fourth year in a row,” CARCHEX CEO Jason Goldsmith said. “We are proud of our continued and consistent growth and success. Achieving this honor in four of the toughest economic years is a testament to CARCHEX’s deep commitment to providing exceptional value, customer service, and innovation in our industry.”
The list represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Payment processing company Unified Payments tops this year’s list. CARCHEX joins Microsoft, Pandora, Zappos, and OtterBox, the makers of rugged cases to safeguard mobile electronics devices and other valuables, among other prominent brands featured on this year’s list.
The Inc. 5000 is ranked according to percentage revenue growth from 2008 through 2011. The median growth rate of 2012 Inc. 5000 companies remains an impressive 97 percent. Companies on this year's list report creating over 400,000 jobs in the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000/welcome.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
Headquartered in Hunt Valley, Md., CARCHEX is the premier provider of Extended Auto Warranties and Mobile Vehicle Inspections. As the preferred partner to the most trusted names in the automotive industry, including Pat Goss of TV’s MotorWeek, Carfax and Kelley Blue Book, CARCHEX provides customized coverage plans allowing consumers whose factory warranties have expired to get the highest level of protection for their vehicles at the most competitive prices. A decade long commitment to protecting automotive consumers and providing exceptional customer service has translated into an A+ Rating with the Better Business Bureau. To learn more about CARCHEX and to Get Protected, visit http://www.CARCHEX.com.
About Inc. 500 | 5000
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (http://www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at http://www.inc.com.
Abel Communications for CARCHEX
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