Park Place Technologies Achieves 12th Consecutive Year on the 2024 Inc. 5000 List of Fastest-Growing Private Companies

Inc. revealed Aug. 13 that Park Place Technologies, the leading global data center and networking optimization firm, ranks No. 4416 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. This honor marks the 12th consecutive year in which Park Place has featured on the Inc. 5000 list; and with a three-year revenue growth of 95%, Park Place sits even higher at No. 364 among America’s fastest-growing private companies within the IT Services industry.

The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.

“It is a true milestone for Park Place Technologies to be recognized on the Inc. 5000 list for the 12th consecutive year,” said Chris Adams, President and CEO at Park Place Technologies. “Our global team is relentless in focusing on customer experience, which enables our continuous organic growth and complements our strategic acquisition strategy.”

Park Place Technologies’ consistent growth and success can be attributed to its robust portfolio of services and products that cater to the evolving needs of businesses worldwide. From hardware maintenance and professional services to managed services and network monitoring software, Park Place Technologies offers comprehensive solutions that empower its clients to optimize equipment uptime and performance throughout the entirety of the IT infrastructure lifecycle.

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.

“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.”

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. The top 500 companies are featured in the September issue of Inc. magazine, available on newsstands beginning Tuesday, August 23.

Park Place Technologies Media Contact

Michael Miller | Director of Global Communications

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