Minneapolis, MN – (August 14, 2019): EXB Solutions has earned a place on the Inc. 5000 list for the fifth consecutive year! The annual Inc. 5000 list recognizes the nation’s fastest-growing private companies and the awardees represent one of the most significant contributors to the American economy – independent entrepreneurs.
“We’re ecstatic, honored and proud to earn a spot for the fifth year in a row, joining many other noteworthy firms and entrepreneurs. It’s a testament to our high-growth and consistent drive for innovation. Our employees are the forces behind this accomplishment,” says Chris Schwartzbauer, CEO of EXB Solutions. He adds, that this feat comes at an exciting time for EXB, as the firm has rapidly expanded its team, focused on significant high-growth trajectory and added more robust solutions to its client offerings.
As a fifth time honoree, EXB joins an exclusive group of companies who have achieved this feat. Companies on the 2019 list are ranked according to the percentage growth of their annual revenue over a three-year period. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor in chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.” EXB Solutions is extremely proud of this remarkable achievement and plans to remain one of Minnesota’s economic success stories, moving forward.
ABOUT EXB SOLUTIONS Inc.,
EXB Solutions Inc. partners with Fortune 100 clients to build powerful technology for safety and mission-critical applications in the aerospace and medical device industries. Headquartered in Minneapolis, Minnesota, the service-disabled veteran-owned small business has developed systems engineering and embedded software solutions for over 19+ years. Our software solutions have helped fly successful space missions, enhanced patients’ lives through innovative, leading-edge medical devices, and advanced commercial, defense and aerospace systems. Learn more at www.exbsolutions.com.
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. The magazine publishes annual lists of the 500 and 5000 fastest-growing privately held small companies in the U.S. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. Learn more at https://www.inc.com/inc5000.