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IRVINE, CA, August 26, 2021 /24-7PressRelease/ -- Inc. magazine has revealed that The Spanish Group is ranked in the top half of its prestigious annual listings of the fastest-growing private companies in the United States. This was accomplished by achieving a two-year revenue growth of 305%; a triumph made even more noteworthy because it took place during some of the most challenging economic times in recent memory. The list represents a unique look at the most successful companies within the American economy's most dynamic segment—its independent small businesses. Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
For the 1st time, The Spanish Group has appeared on the Inc. 5000 National List, ranking No. 1542 with a Two-Year Revenue Growth of 305%.
The tremendous success of The Spanish Group is worth reflecting on for several reasons. The first is that simply achieving any growth as a translation service during an international pandemic and subsequent bans on travel and immigration is an impressive victory. The Spanish Group successfully pivot during these trying times into critical domestic services, including quickly translating communications related to COVID-19, offering essential services for medical facilities and small businesses, and providing translations for the instructions on the COVID-19 test kits being distributed on a national scale.
The second reason The Spanish Group's success is something to pay attention to, is that this exponential growth has occurred in an industry that many had proclaimed dead years ago. With automated services from Google and Microsoft taking up a considerable amount of real estate in the translation world, this is a market where many traditional players are beginning to struggle. By focusing on underserved communities, and highly complex industries such as healthcare and manufacturing, The Spanish Group has demonstrated that their services are not only viable but more necessary than ever in a globalizing world.
"Even in tough times, these Companies are set on reinvention. The vision that led Inc. 5000 founders to rapid growth is helping them thrive during this extraordinary crisis" -Leigh Buchanan, editor-at-large for Inc. magazine.
While companies on the 2021 Inc. 5000 are always very competitive within their markets, this year's list proved exceptionally resilient and flexible given 2020's unprecedented challenges. Together, the recognized companies have added more than 610,000 jobs over the past three years. "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."
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. The top 500 companies are featured in Inc.'s September issue, which will be available on newsstands on August 20.
More about The Spanish Group
The Spanish Group LLC is a first-class certified translation service that reliably serves the modern needs of global trade, law, and immigration. The Spanish Group's name is synonymous with easy-to-use, affordable language services for individuals, organizations, and multinational corporations.
The Spanish Group started off with a single employee and grew into an incredible story of vision and success. Now, in 2021, multiple government agencies and firms across numerous sectors rely on The Spanish Group to conduct their day-to-day operations. The company has become indispensable to immigrant communities around the world and takes great effort to work with people in their native languages. The Spanish Group helps facilitate thousands of successful Immigration applications each year.
More about Inc. and the Inc. 5000.
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. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 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 three decimal places. There was one tie on this year's Inc. 5000. 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
As the world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference, visit http://conference.inc.com/.
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