GWT Places on Inc. Magazine’s 2021 List of America’s Fastest-Growing Companies
For the 4th Time, Global Water Technology, Inc. Appears on the Inc. 5000, Ranking No. 1927 With Three-Year Revenue Growth of 231 Percent
NEW YORK, August 17, 2021– Inc. magazine today revealed that Global Water Technology, Inc. (GWT) is No. 1927 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.
“Growth is in our DNA at GWT,” says Evan Gray, Vice President of Corporate Strategy and Commercial Operations at GWT. We are honored to make the Inc. 5000 list for the 4th year in a row—a testament to the focus on our foundation of processes, systems, products, and talent that will further propel our growth in the years to come. The future is bright as we scale and introduce more of the U.S.—and eventually the world to the water treatment solutions and service excellence that has fueled our success thus far.”
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. Global Water Technology, Inc. added 15 positions in the past 18 months, including Chief Operating Officer, Michael Landers.
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 17, 2021.
“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.”
More about GWT
Global Water Technology, Inc. is one of the nation’s fastest-growing providers of commercial and industrial water treatment solutions. Founded in 1990 to meet a growing demand for personalized, affordable, and reliable water treatment services, GWT now serves a wide range of customer segments including hospitality, healthcare, manufacturing, commercial office buildings, data centers, food and beverage, as well as new construction clients. GWT’s reputation for superior service and cost-effective solutions for minimizing water consumption and extending the useful life of water systems equipment has propelled GWT from its Chicagoland roots to being a national provider with a presence to-date in more than 30 states.
For more detailed information about GWT, please visit our About Us page.
Sara Gulbrandsen, Manager, Sales & Marketing
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
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 web sites, 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 Vision 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 Vision Conference, visit http://conference.inc.com/.