With Three-Year Revenue Growth of613% Percent,MaxBP Ranks No.968 Among America’s Fastest-Growing Private Companies
NEW YORK,August 15, 2023 – Inc. revealed today that MaxBP ranks No. 968 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. 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.
“In 2011 I led an Enterprise Software company to the Inc. 5000, ranking No. 822, on the heels of challenging economic times.” says MaxBP CEO Neil McConnell. “Today, I am even more proud of this achievement while managing extraordinary challenges and throughout, continuing to improve our products, increase our offerings, ensuring our customers, ranging from professional and collegiate athletes down to youth learning the game, were achieving the results they strived for using our products”
The Inc. 5000 class of 2023 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 ticked up to an astonishing 2,238 percent. In all, this year’s Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.
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.
“Running a business has only gotten harder since the end of the pandemic,” says Inc. editor-in-chief Scott Omelianuk. “To make the Inc. 5000—with the fast growth that requires—is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future.”
McConnell agrees “This accomplishment is really the sum of actions by our staff, partners, vendors and customers who all went the extra mile to ensure we thrived in the extra-challenging environment COVID created. We are grateful for the actions by all involved.”
MaxBP’s flagship product the MaxBP Reaction Training Machine is the most effective vision and reaction training tool for baseball, softball, hockey, lacrosse, and similar sports requiring eye-hand coordination. Complementing MaxBP are its two portfolio brands, Frost Gear and HeavySwing. Frost Gear's cold-weather technology products, including batting gloves, throwing gloves, and apparel, are used by professionals and athletes alike–all of whom have one thing in common–the need to conquer the cold and play ball effectively. And new in 2023, their summer line with cooling technology. HeavySwing provides patented handle-weighted training bats to build strength, power, and increase bat speed while promoting proper swing mechanics. Its products are specifically designed for live batting practice and hitting drills.
CONTACT:
Jacob Dubois - jacob@uptowncow.com
Devyn Howell - devyn@maxbp.com
More about Inc. and the Inc. 5000
Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always,Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, slated for October 31 - November 2 in San Antonio, visit http://conference.inc.com/.