All Press Releases for August 23, 2023

B&S Site Development Recognized on the 2023 Inc. 5000 for 2nd Year in a Row

With three-year revenue more than doubled, B&S ranks among America's Fastest-Growing Private Companies



"Our tremendous growth over the last three years is due to our experienced team of professionals who partner to deliver quality site work on schedule." - Chris Kete, CEO

    MANASSAS, VA, August 23, 2023 /24-7PressRelease/ -- Inc. revealed that Brown & Settle Inc., parent company of B&S Site Development LLC (B&S) ranks No. 3665 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. With revenue more than doubled in three years, B&S Site Development joins Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known name brands who gained their first national exposure as honorees on the Inc. 5000.

"As the demand for data centers continues to grow exponentially, B&S has focused on data center site development. Some of the world's largest end users, general contractors, and developers rely on us," says Chris Kete, CEO, B&S. "Our tremendous growth over the last three years is due to our experienced team of professionals who partner to deliver quality site work on schedule."

The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year's top 500 companies, the average median three-year revenue growth rate ticked up to an astonishing 2,238 percent. In all, this year's Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

"Running a business has only gotten harder since the end of the pandemic," commented Inc. editor-in-chief Scott Omelianuk. "To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, can be found at www.inc.com/inc5000.

About B&S Site Development
B&S Site Development LLC (B&S) is a full-service site development contractor. Headquartered just outside of Washington, DC and directly within the data center capital of the world, B&S specializes in large parcel, mission critical site development projects. The B&S growth story continues with enthusiastic business leadership from outside the industry and an approach that is not constrained by conventional subcontractor thinking. B&S won bronze at the American Business Awards for Construction Company of the Year and is ranked on the Inc. 5000 List of America's Fastest Growing Private Companies.

More about Inc. and the Inc. 5000

Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.

About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.'s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.

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Contact Information

Linda Chase
B&S Site Development
Manassas, VA
USA
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