GRAND RAPIDS, Mich., Aug. 28, 2018 /PRNewswire/ -- On August 15, 2018, Inc. magazine revealed its 37th annual Inc. 5000 List of America's Fastest-Growing Private Companies. The list represents a unique look at the most successful American companies within the economy's most dynamic segment – its independent small businesses. Among the 2018 Inc. 5000 honorees, were four Blackford Capital Portfolio Companies.
Over the past 3 years, Blackford Capital and its portfolio companies have been recognized on the Inc. 5000 list. "Blackford Capital continues to be honored by the number and percentage of portfolio companies that grace the Inc. 5000," said Martin Stein, Blackford Capital's Founder and Managing Director. "The recognition is truly a testament to both portfolio company and Blackford employees who work tirelessly to support each business and help achieve hyper growth."
Based on the percentage of revenue growth achieved from 2014 through 2017, Custom Profile, Ellison Bakery, Grand Power Systems, and Quality Aluminum Products all made the prestigious ranking of the nation's fastest-growing private companies. Steve Paul, CEO of Grand Power Systems, proudly shared, "We are pleased to have Grand Power Systems included in Inc.'s ranking of the fastest-growing companies for a 2nd year in a row. It is a testament to the hard work of the GPS team and the support we receive from Blackford Capital on a day-to-day basis. Aggressive growth in revenue and profitability continue to be our primary focus as we look to 2019 and beyond. This award serves as a reminder of what we can accomplish when we work with a common purpose."
Custom Profile – No. 4953 Grand Rapids, MI based leading manufacturer of plastic profile extruded products.
Ellison Bakery – No. 4778 Fort Wayne, IN based cookie and snack manufacturer.
Grand Power Systems – No. 2902 Grand Haven, MI based manufacturer of engineered electrical products. This is Grand Power Systems' second consecutive year being honored by Inc. In 2017, Grand Power Systems ranked No. 3301.
Quality Aluminum Products – No. 4824 Hastings, MI based manufacturer of exterior aluminum building products. This is Quality Aluminum Products' second consecutive year being honored by Inc.
"If your company is on the Inc. 5000, it's unparalleled recognition of your years of hard work and sacrifice," says Inc. editor in chief James Ledbetter. "The lines of business may come and go, or come and stay. What doesn't change is the way entrepreneurs create and accelerate the forces that shape our lives." 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 inc.com/inc5000.
About Blackford Capital Founded in 2000, Blackford Capital is a private equity investment firm headquartered in Grand Rapids, Michigan. Blackford Capital makes majority control investments in founder and family-owned, lower middle-market manufacturing, distribution, and service companies. Currently, Blackford Capital has thirteen portfolio companies. For more information, visit blackfordcapital.com.