PATRIOT GROWTH INSURANCE SERVICES NAMED AMONG INC.'S FASTEST GROWING PRIVATE COMPANIES IN AMERICA

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Aug 15, 2023, 10:00 ET

FORT WASHINGTON, Pa., Aug. 15, 2023 /PRNewswire/ -- Inc. magazine revealed today that Patriot Growth Insurance Services LLC ranked 1,280th 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.

"I am immensely proud and humbled to have Patriot be recognized as one of the fastest-growing companies in the U.S. and making the prestigious Inc. 5000 list," said Matt Gardner, founder, chairman and CEO of Patriot. "This is a testament to every Patriot employee and our partner agency's dedication, support and unwavering commitment to our innovative business model, clients and the ever-evolving insurance industry. As we continue to grow, we will remain focused on delivering unparalleled service and solutions that empower our employees, clients and partner agencies to navigate the future confidently."

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 was an astonishing 2,238 percent. This year's Inc. 5000 companies have added 1,187,266 jobs to the economy over the past three years.

"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 it requires – is truly an accomplishment. Inc. is thrilled to honor the companies that are building our future."

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.

About Patriot Growth Insurance Services
Founded in 2019, Patriot is a growth-focused national insurance services firm that partners with employee benefits and property and casualty agencies across the United States. Business Insurance magazine ranks Patriot as the 26^th largest broker in the U.S. With more than 1,700 employees operating in 132 locations across 26 states, Patriot's collaborative model delivers resources and strategic support to its agencies, whose leaders continue to operate with a high degree of autonomy in their local markets. Patriot creates true alignment with its partner agencies, and its operating philosophy fosters enhanced career opportunities for its dedicated and professional team. Patriot is backed by GI Partners and Summit Partners. For more information, please visit www.patriotgis.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 over 50 million people across various channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced yearly 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.

Media Contact:
Tammy Cameron
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SOURCE Patriot Growth Insurance Services