press release
GRO Ranks #157 On The 2022 Inc. 5000 Annual List
With Three-Year Revenue Growth of 3,223% Percent, GRO Receives Ranking #157 Among America’s Fastest-Growing Private Companies
TUSCALOOSA, Alabama, August 16, 2022 – Today, Inc. revealed that GRO is No. 157 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Being recognized as the #157 fastest-growing private company in America is an incredible achievement for the GRO team,” says Matt Pavlick, President of GRO. “It is especially meaningful because our rapid growth was achieved virtually 100% organic, which is a testament to the hard work and dedication our team puts forth every single day to take care of our clients and deliver results.”
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of Covid-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 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. magazine, which will be available on August 23.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
"Being able to show such growth over the last few years amid the economic hardships this country faced, has been quite a gratifying experience," said Justin Widmayer, VP of Agency Operations. "I’m very thankful for our clients who have put their trust in us to help grow their own businesses, and our team, whose devotion and talent continues to impress us every day. We are very fortunate to have such an incredible group of people at GRO that helped us make this possible."
About GRO
Founded in 2018, GRO is an award-winning full-service digital marketing agency that helps scaling businesses win and retain clients. Whether it is a better diversification of advertising spending, tighter definition of a client’s consumer profile, reducing the cost of acquiring new customers, or better controlling and managing the changing needs of an effective digital marketing program, GRO has an exceptional team capable of delivering in a very transparent, high touch service way. GRO was recently recognized on the Inc. 5000 list as the 157th fastest-growing private company in America. Services offered include Google Advertising, SEO, Social Media Advertising, Programmatic Advertising, Web Design, Creative, and Video Production.
Contact:
Matt Pavlick
President
Phone: (205) 469.1519
Email: [email protected]
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 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. The top 500 companies on the Inc. 5000 are featured in Inc. magazine’s September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc.
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 websites, 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 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com