Private Equity Played an Outsize Role in the Growth of Inc. 5000 Awardees

NASHVILLE, Tenn. ~ A new report from BluWave, the Business Builders' Network that connects the private equity industry with best-in-class talent, industry consultants and service providers, has revealed the significant impact of private equity on America's fastest-growing companies.

The Influence of Private Equity Report found that private equity-backed companies have added more than 800,000 jobs over the past three years. These companies represent approximately 11 percent of the Inc. 5000 awardees, but account for 64 percent of the 1.2 million jobs added by Inc. 5000 awardees over the same period.

The report also found that private equity-backed companies grew remarkably fast, with an average growth rate of 480 percent in total revenue over the three-year review period. This is due to the meaningful provisioning of strategic resources by PE firms which helps their portfolio companies expand in more accelerated, predictable and confident ways.

HCI Equity Partners is one such PE firm that has four of its portfolio companies recognized on the Inc. 5000 list. These companies provide valued products and services to a wide range of end markets including food, preventative maintenance, protective gear and hospitality markets.

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"We are immensely proud to have four of our portfolio companies recognized in the Inc. 5000 list," said Doug McCormick, Managing Partner and Chief Investment Officer at HCI Equity Partners. "It's a privilege to support the growth and development of such amazing businesses, while providing value to our stakeholders and creating jobs that are built to last."

Scott Milberg, CEO of AmerCareRoyal – a single-stream resource for disposable products – also commented on HCI's partnership: "Through thoughtful partnership, HCI has added value across multiple areas of our organization...the operational engagement they provide helps us successfully deliver transformational initiatives and accelerate our growth."

BluWave's analysis further reveals that approximately 11 percent – or more than 550 – of all Inc. 5000 companies are backed by private equity firms. BluWave releases quarterly data and predictions about the private equity market and broader economy through its ongoing series of Industry Insights Reports which are powered by thousands of project requests from dealmakers contacting BluWave to support their critical due diligence and value creation resource needs.
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