2013 Inc. 500|5000 recognizes 19 EO Nashville member companies

Fifteen percent of the 131 members comprising the Nashville chapter of Entrepreneurs’ Organization (EO) have been named to the 2013 Inc. 500|5000 list of the fastest-growing private companies in America, the magazine announced today.

EO Nashville member companies also make up 42 percent of Middle Tennessee-based companies on the 2013 Inc. 500|5000 list. Statewide, EO Nashville members account for 22 percent of Tennessee-based companies on the list.

“We consistently see a high number of EO Nashville member companies on the annual Inc. 500|5000 list. In 2011, 13 member companies made the list and last year 19 member companies were included,” said Joe Freedman, president of EO Nashville and president of Music City Tents & Events. “This year, with 19 members honored, is our best showing yet, which demonstrates that EO companies are invested in growing their economic footprint in Nashville and beyond.

EO is a global network that connects business owners to improve and enhance their lives and businesses through learning and sharing experiences. The Nashville EO chapter has 131 members and is one of the fastest growing EO chapters in the world. To join, an entrepreneur must be a founder, co-founder and controlling shareholder of a company with gross annual sales exceeding $1 million.

EO Nashville members who made the 2013 Inc. 500|5000 list are:

 

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These 19 companies employ 1,569 individuals; grew at an average rate of 279 percent from 2009 to 2012; and have combined 2012 revenues of $362.7 million.

According to the magazine, companies are chosen for the list by comparing revenue growth from 2009 to 2012. Companies must be U.S.-based, privately held, independent, for-profit and not a subsidiary or division of another company. Revenues in 2009 must have been at least $100,000 and at least $2 million for 2012.

The full list can be accessed at inc.com/inc5000/list/2013.

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20 EO Nashville Companies Recognized by Inc. 500|5000

Once again, EO Nashville members had a solid showing on the Inc. 500|5000 list of the fastest-growing private companies in America. This year, 20 EO Nashville member companies were included on the list. That represents 40% of Middle Tennessee companies on the list, and 23% of all Tennessee-based companies on the list. Not bad, when you consider that EO companies represent just 0.7% of the 15,000 businesses in Nashville.

EO Nashville members who made the 2012 Inc. 500|5000 list are:

These 20 companies employee 1,326 individuals; grew at an average rate of 199% from 2008 to 2011; and have combined 2011 revenues of $287 million. Furthermore, of the three Tennessee companies that made the Inc. 500, two were EO member companies: Medicare.com and Teknetex.

According to the magazine, companies are chosen for the list by comparing revenue growth from 2008 to 2011. Companies must be U.S.-based, privately held, independent, for-profit and not a subsidiary or division of another company. Revenues in 2008 must have been at least $100,000 and at least $2 million for 2011.

The full list can be accessed at inc.com/inc5000.