SANTA ANA, Calif., Aug. 14, 2019 /PRNewswire-PRWeb/ -- In today's release of the annual Inc. 5000, Inc. magazine announced that Debtmerica is among the nation's fastest-growing private companies. It's the third time Debtmerica has made the exclusive list.
Although the company has been on this honor roll before, this year's ranking is of special significance to the company, coming exactly 10 years after their first Inc. 5000 placement was achieved in 2009.
"Firms can often come and go from this list, never to return," says Debtmerica's managing partner, Jesse Stockwell. "It's a testament to our incredible team of talented, hard-working employees that we find ourselves receiving this honor again today, a full decade after receiving it for the first time."
Inc. 5000 companies are ranked according to the percentage revenue growth over a three-year period, with the 2019's list covering 2015 to 2018. To qualify, companies must be U.S.-based, privately held, for profit, and independent. They must also have had a minimum revenue of $100,000 in 2015 and $2 million in 2018. First published in 1982, the Inc. 5000 has become a hallmark of success for privately held businesses. Renown companies, such as Oracle, Zappos, Under Armour, and Jamba Juice, have gained initial attention with appearances on the Inc. 5000.
"The companies on this year's Inc. 5000 have followed so many different paths to success," says Inc. editor in chief James Ledbetter. "There's no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities."
In sizing up the company's success, Harry Langenberg, who along with Stockwell, is managing partner at Debtmerica, highlights the company's 'people-first' culture. "While we aim to achieve outstanding results and service levels for our clients, we also provide development and career growth opportunities for our staff. Giving back to the community is another staple of the company experience, which we do through a variety of fundraising and volunteering programs. This focus on helping others is part of our mission and has been key to enabling our growth."
The complete listing of the Inc. 5000, including an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. A print edition arrives on newsstands August 20. The publisher will also honor the companies listed with a gala this October at the JW Marriott Desert Ridge Resort and Spa in Phoenix, Arizona.
Since its founding in 2006, the team at Debtmerica has had one vision – to help Americans struggling with debt issues attain financial independence. The company's focus on negotiated debt settlement provides a very powerful, effective solution, with the ultimate goal of helping its clients become debt free and remain so. By reducing debt balances over the course of the program and providing an affordable monthly payment, consumers can experience lasting benefit to their financial well-being.
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Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit http://www.inc.com.