Scottsdale, AZ, March 21, 2022 – Inc. magazine’s latest addition revealed that Gearfire, the firearms, outdoor sports, and sportfishing industry’s leader in eCommerce, Point of Sale, and Merchant Services is No. 92 on its third annual Inc. 5000 Regionals Southwest list. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful and fastest-growing private companies within the Southwest region economy’s most dynamic segment–its independent small businesses.
The recipe for Gearfire’s meteoric growth is simple – deliver results. Every day our clients are growing and setting new sales records – and their success is our success, says JW Shultz, CEO of Gearfire. Bottom line, Gearfire provides business solutions, accompanied by outstanding customer service and amazing growth results which only further prove we’ve got the right mixture of technology and people in this amazing industry.
The companies on this list show a remarkable rate of growth across all industries in the Southwest region. Between 2018 and 2020, these 141 private companies had an average growth rate of 154% percent and, in 2020 alone, they added 10,563 jobs and nearly $10.9 billion to the Southwest region’s economy. Companies based in the Austin, Texas, Scottsdale, Arizona, and Fort Worth, Texas, areas had the highest growth rate overall.
Gearfire is honored to have achieved an impressive overall increase of 115%, cementing its prominent position on the list, as well as within their industry.
Complete results of the Inc. 5000 Regionals Southwest, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/southwest.
This year’s Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America’s off-the-charts growth companies. They’re disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you’ll be hearing about for years to come, says Scott Omelianuk, editor-in-chief of Inc.
Since 2012, Gearfire has played a pivotal role in transforming the way thousands of businesses within the firearms, outdoor sports, and sportfishing industries sell online, collect payments, and manage their in-store operations. With a proprietary suite of award-winning technology solutions, a carefully selected leadership team, and dedicated workforce, Gearfire maintains its focus on technological innovation that ignites customer growth. For more information, visit gogearfire.com.
More about Inc. and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, several companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.