Carahsoft is honored to be recognized for our outstanding performance by the industry, trade press and, most importantly, our partners.
Reston, VA – October 5, 2010 – Carahsoft Technology Corp., the trusted government IT solutions provider, today announced that it has been recognized as the second fastest growing firm among the Top 100 largest revenue producers on the Inc. 5000 list for 2010. This is Carahsoft’s third consecutive appearance on the annual list which is an exclusive ranking of the nation's fastest-growing private firms.
Carahsoft’s 2009 revenue of more than $585 million and its three-year growth rate of 543% percent placed the company at #564 on the Inc. 5000. Carahsoft also ranked #19 among the Top 100 companies by gross dollars of growth, and among the top 20 percent of the Government Services sector which showed the biggest gain in terms of numbers of companies on the list.
“We are pleased to rank once again among the nation’s fastest growing firms,” said Craig P. Abod, Carahsoft president. “The government’s demand for our IT solutions has remained strong, and our team’s commitment to providing unparalleled service to our vendor, reseller and consulting partners continues to enable our outstanding performance.”
The 2010 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2006 to 2009. To qualify, companies must have been founded and generating revenue by June 30, 2006. Additionally, they had to be based in the United States, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2009.
“The leaders of the companies on this year’s Inc. 5000 have figured out how to grow their businesses during the longest recession since the Great Depression,” said Inc. president Bob LaPointe. “The 2010 Inc. 5000 showcases a particularly hardy group of entrepreneurs.”
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. 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 712,647, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology. Visit us online at www.inc.com.