Dovel Technologies Ranks No. 1124 on the 2016 Inc. 5000
Inc. Magazine Unveils 35th Annual List of America’s Fastest-Growing Private Companies—the Inc. 500|5000
August 29, 2016 McLean, VA – – Dovel Technologies, a leader in software application development and emerging information technology solutions in the government and Health IT market, announced today they have been ranked at number 1124 on the annual Inc 5000 list of America’s Fastest-Growing Private Companies. This is Dovel’s first appearance on the list. The company earned its rank with a three-year growth rate of 344%.
Dovel’s success over this period is a mixture of organic growth within their federal client base which includes Food and Drug Administration, U.S. Securities and Exchange Commission, Department of Education, and growth through acquisition. In 2014 the company acquired RNSolutions which brought along a major contract with Health and Human Services, Administration for Children and Families (ACF) for the Center of Excellence Program – the largest enterprise-wide grants management system in the federal government.
“Our execution of an aggressive growth strategy helped propel us out of the small business status and created new expansion opportunities within the full and open market,” said Paul Leslie, CEO of Dovel. “I am proud of our team and their commitment to exceed customer expectations with innovative solutions. It is that dedication, creativity, and innovation that is fueling our consistent growth year over year.”
The 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list’s history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
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The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation’s most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.