Inc. Magazine Names Exact Solar to List of America's Fastest-Growing Private Companies

Exact Solar Reaches Elite Private Company Ranking for Third Year
 
Exact Solar Receives Third INC 5000 Award
Exact Solar Receives Third INC 5000 Award
YARDLEY, Pa. - Aug. 20, 2019 - PRLog -- In the 38th annual Inc. 5000 ranking, Exact Solar has again earned a spot that recognizes record recent year on year business growth. Only one out of every eight private companies have performed well enough to earn a mention for three consecutive years.

The list highlights those that are successful in the most dynamic segment of the American economy – independent small and midsized businesses. According to the publication, the chosen are creators. They create companies, they create value, and they create jobs. Many have gone on to be the most recognized public brands, such as Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and others.

"We are honored to be recognized on the Inc. 5000 for the third year in a row. In a competitive solar energy market, credit really goes to our amazing team, from salespeople to installers to our excellent office staff, that always puts our customers first and never gives less than 100%. Because of our team, Exact Solar was one of just four Pennsylvania energy related companies to be named and the only company with an exclusive solar power focus," says Mark Bortman, owner and CEO of Exact Solar. He adds, "Our smaller size allows us to take the time each customer needs to be educated about what they are purchasing and confident that they are getting the best system for their home and their family. Unlike the larger national installers, we never incentivize our installers with bonus pay for faster installations, so each job is installed perfectly for each unique home. That attention to detail, and obvious care, makes all the difference to our customers."

Not only have the companies on the 2019 Inc. 5000 been very competitive within their markets, but the list overall impressive growth compared with prior lists. 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. These top 500 companies are featured in the September issue of Inc., available on newsstands August 20.

"The companies on this year's Inc. 5000 have followed so many different paths to success," said 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."

In addition to being recognized nationally for our business growth, Exact Solar is especially proud of our repeated industry and customer rankings. For six years running, the company has received an Angies' List Super Service award, a direct measure from our customers. We have also been a Top 500 Solar Contractor for six consecutive years, recognized among our solar peers.

More about Inc. and the Inc. 5000 Methodology

The 2019 Inc. 5000 is ranked according to percentage revenue growth when comparing 2015 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2015. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2018. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. 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. The Exact Solar Inc. 5000 profile can be found at www.inc.com/profile/exact-solar.

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Tags:Solar Energy, Clean Energy, Solar Power
Industry:Energy
Location:Yardley - Pennsylvania - United States
Subject:Awards
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