Data center service provider Peak 10 has been named to Inc. magazine's annual Inc. 500 ranking of the fastest-growing private companies in the country. Peak 10 makes the list for the second consecutive year at number 240 with a three year growth rate of 529 percent.
Following its recent acquisition of Nashville-based RenTech, Peak 10 owns and operates eight data centers in six strategic markets. One of its past acquisitions, Louisville-based Xodiax, made the Inc. 500 in 2004.
"We are again honored to be recognized by Inc. Magazine as one of the 500 fastest growing private companies in the nation," said David H. Jones, president and chief executive officer for Peak 10. "The growth required to make a prestigious list like the Inc. 500 for the second year in a row is a clear indicator of Peak 10's market leadership and that our long-standing strategy of placing a high priority on localized customer support and service is on target. The key to our success lies in the drive, entrepreneurial spirit and dedication of our employees. It is their commitment to our business approach and vision that continuously delivers value to our customers and will fuel our growth moving forward."
The Inc. 500 ranks privately held companies according to revenue growth from 2002 to 2005. To be eligible for this year's Inc. 500, companies had to be U.S.-based, independent and privately held through their fiscal year 2005, and have had at least $600,000 in net sales in the base year of 2002. Inc. verifies all information using tax forms and audited financial statements from certified public accountants and by conducting interviews with company officials.
Since 2000, Peak 10 has been providing a local solution for outsourcing data center services that lowers costs, maximizes internal resources but keeps an organization's valuable information technology assets close to their business. The company combines its network of world-class data centers and portfolio of managed services with localized engineering and support to serve market-leading companies nationwide.