NEW YORK, Aug. 22, 2016 /PRNewswire/ -- TransPerfect, the world's largest privately held provider of language and technology solutions for global business, today announced that it has been named to Inc. Magazine's Inc. 5000 list. This is the 8th consecutive year that TransPerfect has received this honor.
Inc. Magazine publishes its annual Inc. 5000 list of the fastest-growing private corporations each summer, and companies are ranked based on job growth and revenue increases. TransPerfect's spot on the list puts it once again in the company of some of the country's most successful and fastest-growing businesses.
Thanks to 47% growth in sales and more than 1,600 new employee hires over the past three years, TransPerfect stands out on the list—with over $500 million in 2015 sales—for being the largest of over 20 language solutions providers awarded. All other honorees but one reported 2015 revenue totals under $40 million.
"Growth ensures that we have the resources to invest in innovation for our products and service offerings that benefit our clients, and allows us to invest in providing a workplace full of opportunities for our people," said Liz Elting, Co-CEO of TransPerfect. "I'm extremely grateful to our employees, clients, and linguists around the world who have all played an integral part in building TransPerfect, and who I know will help set our course into the future."
Co-CEO Phil Shawe commented, "We'd like to thank Inc. Magazine for recognizing TransPerfect, and we'd like to congratulate our fellow honorees. Being named to this list is the result of the hard work and commitment of what we know is the most loyal and dedicated team of employees in the industry, and they are the ones most responsible for creating and sustaining our culture of growth."
With annual revenues of more than $500 million, TransPerfect is the world's largest privately held provider of language services and technology solutions. From offices in 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 3,000 global organizations employ TransPerfect's GlobalLink® Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and EN 15038 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/transperfect-named-to-the-2016-inc-5000-list-of-fastest-growing-private-companies-in-america-300316462.html