NEW YORK, August 17, 2021 Inc. magazine today revealed that Triumph Play Systems is No. 1441 on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segment - its 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.
"We were in the middle of expanding our manufacturing facility when Massachusetts schools closed because of the pandemic. The phones went silent for about a week. We got really nervous," said Michael Wooding, CEO of Triumph Play Systems. "Then it was like someone flipped a switch and phones started ringing off-the-hook. My team didn't miss a beat. Everyone got to work and made it happen. We wouldn't be an Inc 5000 company without them. I am extremely lucky to be surrounded by such great people."
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. Among the 5,000, the average median three-year growth rate soared to 543 percent, and median revenue reached $11.1 million. Together, those companies added more than 610,000 jobs over the past three years.
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 the September issue of Inc., which will be available on newsstands on August 20th.
"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."
Triumph Play Systems, located in Ashburnham, Massachusetts, is a custom manufacturer and retailer of residential white cedar swing sets and playground equipment. They work directly with each customer from design to delivery to ensure each Triumph play set is perfect in every way. They have a network of installers throughout the US, and ship directly to the customer world-wide.
More about Inc. and the Inc. 5000
Methodology
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.