Grand Rapids-based public relations firm Lambert, Edwards & Associates was recently named one of Inc. magazine's top 5,000 fastest growing private companies (they came in at 2,333). The full press release is below the fold. Grand Rapids PR Firm Lambert, Edwards & Associates Named to Inc. 5000 List of Fastest Growing Companies in America
GRAND RAPIDS, Mich., August 24, 2010 – Lambert, Edwards & Associates (LE&A), a leading Michigan-based public relations and investor relations firm, today announced it has been ranked #2,333 by Inc. magazine for its fifth annual Inc. 5000 list. LE&A was named to the list of the nation’s fastest-growing private companies after a growth rate of 104 percent over the past three years. This is the company’s third straight year on the list.
The Inc. 5000, an extension of Inc. magazine’s annual Inc. 500 list, is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy. LE&A joins Spirit Airlines, television maker Vizio, Honest Tea and Dunkin Donuts, among other prominent brands featured on this year’s list.
“Our inclusion in this illustrious list for the third straight year is a testament to our clients who believe in us and our team who supports their success,” said Jeff Lambert, president and managing partner of Lambert, Edwards & Associates. "Our challenge now is to build on this recognition and our 12 straight years of growth with more innovation, more people and more clients that value our unique blend of national expertise and Midwest work ethic."
In a stagnant economic environment, median growth rate of 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year. 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 www.inc.com/5000.
The 2011 Inc. 500 is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million.
PR and investor relations firm Lambert Edwards makes 2011 @incmagazine 5000 list! Third straight year for award-winning firm. http://ow.ly/6am12
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (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 www.inc.com.
About Lambert, Edwards & Associates
Named the 2010 PRWeek Small Agency of the Year, LE&A (www.lambert-edwards.com) is a top-10 Midwest-based PR firm and a top-20 investor relations firm nationally with approximately 100 clients based in 20 states and five countries. As Michigan’s only statewide firm – with offices in Grand Rapids, Lansing and Detroit – LE&A serves middle-market companies and national brands in five practice areas: Automotive, Consumer, Financial Communications, Health Care and Public Affairs. LE&A has posted 12 consecutive years of growth and earned four Silver Anvil awards – the profession’s highest honor – in the past five years. Follow us on Twitter: @LambertEdwards.