Atlanta, GA, Sept. 2, 2011 (GLOBE NEWSWIRE) -- Inc. magazine ranked The Rainmaker Group No. 2907 on its annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy−America’s independent entrepreneurs. The Rainmaker Group, a world leader in automated profit optimization software and services for the multifamily housing and gaming/hospitality industries, joins Spirit Airlines, The Go Daddy Group, YouSendIt, ExactTarget, McGraw Communications, Publix, and Dunkin Donuts, among other prominent brands featured on this year’s list.
Rapid adoption of Rainmaker revenue management solutions
"Rainmaker’s position on the Inc. list indicates the accelerated adoption of our automated revenue management and profit optimization solutions by the multifamily housing and gaming/hospitality industries, which allow our customers to maximize revenue from apartment leases and secure the most valuable customers to increase their profitability, respectively," said Tammy Farley, principal and co-founder of The Rainmaker Group. The Company’s solutions include Rainmaker LRO™ (Lease Rate Options) rate optimization software system for the multifamily industry, and the revolution™ profit optimization system for the gaming/hospitality industry.
Bruce Barfield, also principal and co-founder of The Rainmaker Group, added, "We are grateful to our customers for their trust and confidence in our products and to our exceptional professional team who develop and continually enhance our systems to deliver the best solutions and outstanding customer service each and every day. Together, they are the reason for our growth."
Inc. 5000 show impressive revenues, job creation
In a stagnant economic environment, the median growth rate of 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. 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," says Inc. magazine Editor Jan Berentson.
Inc. Methodology
The 2011 Inc. 500|5000 list is ranked according to percentage revenue growth when comparing 2007 to 2010. To qualify, companies must have been founded and generating revenue by March 31, 2007. Additionally, they had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2010. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2007 is $100,000; the minimum for 2010 is $2 million.
About Rainmaker
The Rainmaker Group is a Microsoft Gold Certified Partner and industry-leading provider of revenue management and profit optimization solutions to owners/operators in the multifamily housing and gaming/hospitality industries. Rainmaker software, coupled with professional business consulting services, enables multifamily housing operators to maximize revenue from apartment leases and helps operators of casino hotels and other hospitality enterprises secure the most valuable customers to increase their profitability. Rainmaker software delivers real results for multifamily housing operators such as Archstone, AvalonBay Communities, Equity Residential, Post Properties, Simpson Housing, Mid-America Apartment Communities and many others. Gaming/Hospitality clients include leading casino/hotel organizations such as Atlantis The Palm Dubai, Caesars Entertainment, IP Casino Resort Biloxi, Isle of Capri Casinos, MGM Resorts International, Omni Hotels & Resorts, Wynn Las Vegas and other leading companies. Headquartered in northern Atlanta, GA, Rainmaker is a solid, profitable, rapidly growing, privately held company. For more information, go to www.LetItRain.com.
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.