AllBusiness.com
August 12, 2009
NEW YORK, NY, August 12, 2009 – TransPerfect, the world’s largest privately held provider of language and business services, has been ranked No. 1,790 on Inc. magazine’s third annual Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies. TransPerfect’s revenues grew from $74M in 2005 to $205M in 2008—a three year growth rate of 177.7%.
Founded in 1992, the TransPerfect family of companies provides a full range of global business services in over 100 languages, including translation, interpretation, cultural consulting, desktop publishing, legal services, and staffing solutions. The company also offers a suite of technology products that reduce the time, effort, and costs associated with translation workflows and the management of global content.
The 2009 Inc. 5000, unveiled today on Inc.com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy.
“Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate,” said Inc. 5000 project manager Jim Melloan. “That’s why our list is so eagerly anticipated every year.”
TransPerfect Co-CEO Liz Elting added, “We’ve worked hard to get to where we are today, but there is always room for improvement. We have more to accomplish and our goal for the future is to continually innovate and remain one step ahead of the evolving needs of our clients. Of course, we will always remain committed to our core principles: the highest level of quality and client service.”
For more information about the 2009 Inc. 5000 ranking and methodology, click here.
About TransPerfect
With revenue of over $250 million, TransPerfect is the largest privately held language services provider in the world. From offices in 66 cities on 5 continents, TransPerfect offers a full range of services in over 100 languages to multinationals worldwide. With a global network of over 4,000 linguists and subject-area specialists, TransPerfect is the largest translation company to be fully ISO 9001:2008 and EN 15038:2006 certified. TransPerfect is headquartered in New York and has regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com.