MILTON, Wis., Aug. 15, 2018 (GLOBE NEWSWIRE) -- Inc. magazine today ranked Diamond Assets #7 on its 37th annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. Wisconsin-based Diamond Assets is the most trusted Apple hardware trade-up partner, working with schools and enterprises to maximize the residual value of their Apple devices. The company’s three-year growth rate was 19,717 percent. Click to Tweet.
The list represents a unique look at the most successful companies within America’s most dynamic segment—America’s independent entrepreneurs. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“Just four short years ago, we discovered that schools and businesses were missing out on a critical financial opportunity, as the concept of trading up tech devices was in its infancy and many organizations merely recycled their old technology,” said Mike McKenna, CEO of Diamond Assets. “We encouraged organizations to think differently about the lifespan of their technology, and to trade-up their technology by leveraging the value of their used Apple equipment to purchase new Apple products.”
Diamond Assets works with organizations to maximize the residual value of their Apple fleet through a turnkey trade-up program that pays organizations for their used Apple devices. This provides the funds necessary for future technology investments and puts organizations on a path to sustainable technology funding.
The 2018 Inc. 5000 list shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.
Complete results can be found at www.inc.com/inc5000.
“If your company is on the Inc. 5000, it is 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.”
Inc. 5000 Methodology
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Diamond Assets
Diamond Assets is the most trusted Apple hardware trade-up partner, working with organizations to maximize the residual value of their Apple devices. Founded in 2014, the company has grown to 120 employees located at their Milton, Wis. headquarters and across the country. For more information visit www.diamond-assets.com.
For information contact:
Linda Muskin, 847.432.7300
lmuskin@teamclarus.com
Mara Conklin, 847.816.9411
mconklin@teamclarus.com