Local companies make Inc. 5000 fastest growing list [The Wisconsin State Journal :: ]
(Wisconsin State Journal (Madison, WI) Via Acquire Media NewsEdge) Aug. 22--Sixteen south-central Wisconsin companies are in the 2014 Inc. 5000 list of the fastest-growing privately owned U.S. companies, ranked by the website inc.com.
They include two that are among the 50 reporting the biggest percentage revenue growth over a three-year period: Restore Health and Nordic Consulting, both of Madison and both in the health field.
Restore Health is No. 36, with 6,663 percent growth, from $101,00 revenue in 2010 to $6.8 million in 2013. The company makes customized drugs and has 61 employees. Last year, itwas No. 80 on the Inc. 5000 list.
Nordic Consulting had a 46th-place ranking with 5,593 percent growth, from $1.4 million in revenue in 2010 to $81.4 million last year. It was not on the 2013 list.
Nordic, with 379 employees, provides consultants to organizations that use electronic health records systems created by Epic Systems Corp., Verona.
No. 900: AccuLynx, Beloit
No. 969: RevolutionEHR, Madison
No. 1,866: Information Technology Professionals, Madison
No. 1,907: SASid, Janesville
No. 2,608: WTS Paradigm, Middleton
No. 2,639: Vom Fass USA, Madison
No. 2,941: Quincy Bioscience, Madison
No. 3,017: Data Dimensions, Janesville
No. 3,483: Synergy Consortium Services, Madison
No. 3,565: Adesys, Fitchburg
No. 3,724: Midwest Prototyping, Blue Mounds
No. 4,209: New Glarus Brewing, New Glarus
No. 4,452: bb7, Madison
No. 4,950: ABC Supply, Beloit
Statewide, 70 companies made the list, down from 78 last year.
Revenue figures are voluntarily self-reported. Still, it is considered a respectable list -- "something people pay attention to," said UW-Madison School of Business associate professor Jim Seward.
Often, smaller firms are on the list, but their growth can still be significant, he said.
"The types of technologies that they're involved in and new hiring that goes on at these -- collectively, it's a big deal," Seward said.
"There's a time when that could have been Google. They're kind of on their way."
(c)2014 The Wisconsin State Journal (Madison, Wis.)
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