Inc. magazine revealed that AEBetancourt is No. 28 on its 2021 Inc. 5000 Regionals: Midwest list, the most prestigious ranking of the fastest-growing private companies in Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Midwest economy’s most dynamic segment—its independent small businesses.
No. 28 on the 2021 Inc. 5000 Regionals: Midwest list
With a growth rate of 350% in revenue between 2017 and 2019, the news of this recognition comes on the heels of many noteworthy accomplishments for AEBetancourt in the last year, including:
- Recognition as a Best and Brightest Top 101 companies to work for in the nation
- Recognition as one of West Michigan’s Best and Brightest Companies to work for a second year in a row
- Opening a new office in Detroit, Michigan
- Strategic affiliation with Become Unmistakable and the uMap™ system
“Our business growth and success is a direct result of the hard work and dedication of our team to be the premier industry leader in designing, building and executing talent strategy solutions.” said Arthur Betancourt, Principal and Founder of AEBetancourt. “Great people do great things, and I couldn’t be more proud of the talented people I get to work with everyday. This achievement only motivates us to reach for more in ourselves and for our clients.”
The companies on this list show stunning rates of growth across all industries in the 12 Midwest states. Between 2017 and 2019, these private companies had an average growth rate of 199 percent and, in 2019 alone, they employed more than 43,000 people and added more than $11 billion to the Midwest economy. Companies based in the Chicago, Detroit, and Cincinnati areas brought in the highest revenue overall. Complete results of the Inc. 5000 Regionals: Midwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/midwest.
“This list proves the power of companies in Midwest states no matter the industry,” says Inc. editor-in-chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
More about Inc. and the Inc. 5000 Regionals
The 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million.