TeamLogic IT Makes Inc. 5000 List of Fastest-Growing Private Companies, Again
Five years running for the rapidly growing IT franchise opportunity shows the need for businesses to have reliable, local technology support
The TeamLogic IT franchise concept has been making news from the very beginning and attracting positive attention from veteran industry publications. So, it’s no surprise that the Inc. 5000 list continues to include this growing technology franchise.
The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment —independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000. TeamLogic IT ranks No. 4119 on the 2021 Inc. 5000, No. 8 in the Pacific region and No. 7 in California.
This is the fifth consecutive year TeamLogic IT has appeared on the list. Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges.
“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership and the help of a whole lot of people.”
Strong growth another list hallmark
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. The minimum revenue required for 2017 was $100,000; the minimum for 2020 was $2 million.
TeamLogic IT has a three-year revenue growth of 104%, and the company exceeded $100 million in network sales in April 2021, showing a growth in network sales of more than 24% from June 2020 to June 2021.
“TeamLogic IT is honored to be recognized on this prestigious list, and as one of the industry’s top managed IT service providers,” says Dan Shapero, President and COO. “Our entire suite of offices around the country are committed to providing reliable, secure and affordable technology solutions to companies of all sizes.”
TeamLogic IT is the technology franchise small and medium-sized businesses increasingly rely on for turnkey support. TeamLogic Its managed IT services contracts give clients peace of mind around their technology needs, and provide franchise owners with a steady, predictable revenue stream. The company now serves a wide and growing variety of clients in every business sector, from tourism and hospitality to healthcare, legal and accounting. Along the way, TeamLogic IT has grown to more than 245 locations around North America and continues to expand in both new and existing markets.