Sept. 11, 2007 – Newberry ranked on new Inc. 5,000 list of fast-growing companies
After increasing revenue by 42.2 percent in the last three years, The Newberry Group,
Inc. has been included among the fastest-growing private companies in the country.
The company is ranked on Inc. Magazine’s first-ever Inc. 5,000 list.
Newberry has been ranked among the fastest growing IT companies on the Inc. 500
list every year since 2004. The Inc. 5,000 list, an extension of Inc. magazine’s
annual Inc. 500 list, includes businesses from all sectors and catches many businesses
that are too big to grow at the pace required to make the Inc. 500. Newberry’s rank
this year was 4,533.
“The Newberry Group has been able to grow so substantially over the last three years
due to our continued commitment to excellence, our passion for building technology
solutions for our clients and, without a doubt, our talented team of professionals,”
Chairman and CEO Brenda D. Newberry said. “We’ve developed and provided many high-level
technical capabilities as we’ve worked on contracts with government agencies in
the past 10 years. Our current strategy for continued growth is to bring those capabilities
to the commercial sector while continuing to expand our work for our existing federal
clients and additional government agencies.”
The award comes as no surprise to Newberry clients like Kevin Trokey, Chief Operating
Officer at St. Louis insurance firm Welsch, Flatness & Lutz, Inc.
“This recognition is certainly well deserved. We had made a huge investment in a
custom program for one of our operating units that never worked as designed and
hadn’t been properly documented by the firm who wrote it. The Newberry Group came
in evaluated the program, documented the entire system, and quickly had it operating
as intended. As valuable as their performance was, the frequent and clear communication
they established with our internal IT department was equally valuable,” Trokey said.
The Newberry Group, Inc. ranked 442nd among IT companies on this year’s list. Newberry
ranked 88th out of all Missouri companies on the list and 5th out of all Missouri
IT companies.
To qualify for the 2007 Inc. 5,000 list, companies had to be U.S.-based and privately
held, independent – not subsidiaries or divisions of other companies – as of December
31, 2006, and have had at least $200,000 in revenue in 2003, and $2 million in 2006,
the period measured by Inc. Magazine.