Promotional products businesses have long been listed in Inc. magazine’s annual Inc. 5000 ranking of the country’s fastest-growing private companies, and 2020 is no exception.
This year, 12 of Cleveland, Ohio-based Proforma’s (PPAI 196835, D13) affiliated distributors made the magazine’s list. In order of ranking, they are Proforma BrandCentric Solutions, No. 1,358 with 328-percent growth; Waterfront Promotional Merchandising, No. 1,476 with 301-percent growth; Proforma 3rd Degree Marketing, No. 2,179 with 193-percent growth; Proforma Think Ink, No. 2,293 with 183-percent growth; Proforma GPS Global Promotional Sourcing, No. 3,378 with 112-percent growth; Proforma IdeaPress, No. 3,719 with 98-percent growth; Proforma Progressive Marketing, No. 4,077 with 85-percent growth; Proforma Packaging, Printing & Promotions, No. 4,093 with 85-percent growth; Proforma Printing Systems, No. 4,340 with 76-percent growth; The Branding Agency Powered by Proforma, No. 4,500 with 71-percent growth; Proforma Add-A-Line, No. 4,766 with 62-percent growth; and Proforma Durkee, No. 4,983 with 56-percent growth.
“We are very proud that Proforma continues to be recognized for the consistently remarkable growth our owners have achieved in recent years,” says Proforma Founder Greg Muzzillo. “The fact that Proforma continues to be the only organization with any affiliate owners represented on the Inc. 5000 is a true testament to the best-in-class technology and business success solutions we provide to our owners that fuel their ability to constantly innovate and deliver exceptional results. It’s exciting to lead a network of owners who are shaping the future of the promotional product and print industry.”
Other industry companies on the list include: Swag.com, No. 218 with 1,999-percent growth; Advoc8, No. 754 with 631-percent growth; Doing Good Works, No. 822 with 580-percent growth; Whitestone Works, No. 1,373 with 325-percent growth; SoBe Promos, No. 2,110 with 199-percent growth; MRL Promotions, No. 2,599 with 161-percent growth; Brandito, No. 2,604 with 157-percent growth; Culture Studio, No. 2793 with 135-percent growth; and Creative Studio Promotions, No. 4,228 with 80-percent growth.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. Editor-In-Chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
To be eligible for the 2020 Inc. 5000, businesses must have met certain criteria, including being privately-owned, for-profit, based in the United States, and generating at least $100,000 in 2016 and $2 million in 2019. Thirty Proforma businesses reached the growth qualifications to apply in 2019.
If your company also made Inc. magazine’s list and was not mentioned in this article, please contact JamesK@ppai.org to be included in a follow-up story.