NEW YORK, September 8, 2011 – TransPerfect, the world’s largest privately held provider of language services and translation-related technologies, has been named to Inc.’s fifth annual Inc. 5000 list, an exclusive ranking of the nation's fastest-growing private companies. TransPerfect’s revenues grew from $156 million in 2007 to $251.2 million in 2011—a three-year growth rate of 61 percent.
Founded in 1992, the TransPerfect family of companies provides a full range of global business services in more than 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 2011 Inc. 5000 represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs. In a stagnant economic environment, the median growth rate of the 2011 Inc. 500|5000 companies remains an impressive 94 percent. The companies on this year’s list report having created 350,000 jobs in the past three years, and aggregate revenue among the honorees reached $366 billion, up 14 percent from last year.
“Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs and drive the economy forward. Growth companies, not large corporations, are where the action is,” said Inc. magazine Editor Jane Berentson.
“The language services industry is no longer primarily about providing on-demand translation services to meet immediate client needs,” said Liz Elting, TransPerfect co-CEO. “Our focus over the past three years has been on helping our clients develop a comprehensive, long-term strategy to meet their global communication requirements. More and more companies are finding that operating in the global arena is no longer an option, but a critical aspect of their success. Our technology and services allow clients to streamline and optimize their global communications with all business stakeholders, including customers, employees, suppliers, and investors.”
For more information about the 2011 Inc. 5000 ranking and methodology, click here.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc.(www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 710,106, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing and technology. Visit us online at www.inc.com.
About the Inc. 500|5000 Conference
Each year, Inc.and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars – the privately held small businesses that drive our economy. The Inc. 500|5000 Conference & Awards Ceremony brings together members of the Inc. community, both a new class of Inc. 500|5000 honorees and the list’s alumni, for three days of powerful networking, inspired learning, and momentous celebration. Please join us September 22–24, 2011, at the Gaylord National Resort and Convention Center in National Harbor, Maryland, located minutes from downtown Washington, D.C. For more information about the 2011 Inc. 500|5000 Conference & Awards Ceremony and to register, visit www.inc500conference.com or call 866-901-3205.
About TransPerfect
With revenue of more than $250 million, TransPerfect is the largest privately held language services provider in the world. From offices in 70 cities on five continents, TransPerfect offers a full range of services in more than 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.