10 Consecutive Years of Exponential Organic Growth Lands FTG Among Rarefied Group of Private Companies in America
PHOENIX, AZ (August 15, 2019) – Ultrex, and the Flex Technology Group (FTG) of companies, which now includes Laser Options, ProCopy, Cannon IV, Action Imaging Group, Ultrex, Infincom, Flo-Tech, Marimon, ONNYX, Century, Shamrock, OET, OESA, and CBE have once again been included in Inc. Magazine’s list of America’s fastest growing private companies.
Coming in at #924 on this year’s annual Inc. 500|5000 list, not only has FTG broken the top 1000, but this also marks the company’s tenth consecutive year making this prestigious list. The organization has jumped from #3062 in 2017, to #1379 in 2018, and has now landed #924 on the 2019 Inc. 500|5000 list.
Making the list gets harder every year as the company’s starting base grows, so this marks a truly amazing accomplishment. While tens of thousands of companies have applied to the Inc. 5000 over the years, only a small fraction have made the list more than once and only a mere one percent have made the list ten times.
“Achieving this elite status for ten consecutive years is a true testament to the value that we bring to our clients and to our great people who deliver on our value proposition,” states Frank Gaspari, CEO of Flex Technology Group.
Flex Technology Group has expanded rapidly since 2016. The company’s portfolio of office technology companies now includes 15 partner dealerships generating over $325 million in annual revenues and serves over 60,000 customers nationwide. To learn more about FTG’s growth strategy, please visit www.flextg.com/connect.
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About Flex Technology Group
Flex Technology Group provides customized office technology solutions for national and leading-edge regional companies. The company focuses on print, document management, document production and managed IT solutions, representing industry-leading suppliers such as Canon, Ricoh, Konica Minolta, HP, Lexmark, and various software solutions. FTG services over 65,000 customers nationally. For additional information on FTG, please visit www.flextg.com.
More about Inc. and the Inc. 5000
Methodology
The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.
About Inc. Media
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 www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.