NEW YORK, August 13, 2024 Inc. revealed today that Bowtie Engineering ranks No. 4068 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000. 

“The team gets all the credit! And I get the benefit of continuously improving, implementing, and building a legacy in an ever-changing world. We are laser focused on our employees, which overflows to our clients.” CEO John Welch

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. 

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20. 

“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.” 

“As companies become more seasoned and build more enterprise value, it becomes harder year over year to sustain 30% or more growth annually.  Recognition needs to go to Bowtie’s employees for getting it right and keeping my vision alive of building a place where employees want to stay and create opportunities for personal growth.” said John Welch, CEO of Bowtie Engineering 

Bowtie Engineering is a national solutions-based systems engineering/integrated consulting firm.  Our firm is rooted in safety, compliance and domain expertise, with our origins as the leading national provider of arc flash studies & complex electrical engineering maintenance services. The firm today has evolved and expanded to include an integrated suite of services, including Energy EV, Sub-metering and Power Designs. The company, staffed by engineers and technicians trained in OSHA regulations and NFPA standards, headquartered in metro Atlanta.

CONTACT:

For more information, marketing: contact Aoife Roche: support@attentiongrabbersusa.com, sales: sales@bowtie8.com, 866-730-6620

More about Inc. and the Inc. 5000 

Methodology 

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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 four decimal places. 

About Inc. 

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company