ALPHARETTA, GA, September 29, 2011— Xcentric, LLC was recognized as one of the nation's fastest-growing private companies for the fourth year in a row by Inc. 5000, an exclusive ranking of America’s top independent entrepreneurs.
The companies on this year’s list report having created 350,000 jobs in the past 3 years, and the combined revenue among the honorees reached $366 billion, up 14 percent from last year. The median growth rate of 2011 Inc. 5000 companies remains an impressive 94 percent, despite the stagnant economic environment.
To qualify for the Inc. 5000 List, companies must be U.S.-based, privately held, for profit, and independent as of December 31, 2010. Additionally, companies must have been founded and generating revenue by March 31, 2007. The top 5000 qualified candidates are then ranked according to their percentage revenue growth over the last four years.
“We are excited about being part of Inc. 5000 again this year and about the opportunities such growth provides for serving CPA firms more effectively as our team and resources expand to meet the growing technology needs of the industry,“ says Trey James, Xcentric’s president and CEO.
Based in Alpharetta, GA, Xcentric provides peace of mind to CPA firms nationwide through highly leveraged network technology solutions. Xcentric’s complete network hosting model, the Xcentric Cloud Network, allows CPA firms to rid themselves of IT management headaches related to server upgrades, administration, IT staffing, and application updates. Xcentric provides CPA-specific technology guidance, infrastructure deployment, and accounting application focused network support. Founded in 2002, Xcentric focuses on accounting firms and currently serves over 550 firms across the nation.
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Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc.is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.