Date: August 26, 2008
Source: OAKLEAF
Oakleaf Named To Inc. 5000 List As One Of The Fastest Growing Private Companies In America
Nation's Leading Provider of Waste and Recycling Services Recognized for Impressive Three-Year Growth Rate of 188.4% by Inc. Magazine; Earns Top 50 Ranking in Environmental Services Companies Category
OAKLEAF, the nation's leading provider of waste and recycling services, is pleased to announce that it has been named to the Inc. 5000 list as one of the fastest-growing, private companies in America. The Inc. 5000 list, which is published by Inc. Magazine, ranked OAKLEAF within the top 40% at number 1,975. Additionally, OAKLEAF earned rankings in several Inc. 5000 categories including being ranked Number 22 in the Top 50 listing in the Environmental Services Companies category; number 35 in the Top 100 Gross Dollars of Growth category; and number 40 in the Top 100 Companies by Revenue category. OAKLEAF has now been recognized twelve times since 2001 by Inc., including being named five times to the Inc. 500 List (now the Inc. 5000) and seven years consecutively to the Initiative for a Competitive Inner City (ICIC), a partnership program with Inc. Magazine that ranks 100 of the fastest-growing companies in America's inner cities through the annual Inner City 100 list.
"We are honored to have OAKLEAF included on the Inc. 5000 list," said Jim Barnes, OAKLEAF's Chief Executive Officer. "OAKLEAF continues to rank as one of the nation's most dynamic and forward-thinking companies and we are proud to be among some of the top independent entrepreneurs of our time. Our solid business model, coupled with our strategic approach to how we do business, continues to fuel us as a company."
OAKLEAF provides service to more than 100,000 locations through its network of over 5,500 certified haulers, recyclers, and waste diversion experts. OAKLEAF, an enterprise consisting of 5 subsidiaries, with over 750 employees nationwide provides waste and recycling services to a highly diversified blue chip customer base including multi-location retail stores, restaurants, hotels, manufacturing and mall clients throughout North America.
The Inc. 5000 rankings are based on a company's percentage revenue growth from 2004 through 2007. To qualify, a company had to be independent, for-profit and based in the United States. Additionally, they also had to have revenues of at least $200,000 in 2004 and at least $2 million in 2007. OAKLEAF experienced $481.8 million in revenues- representing a 188.4% growth, during a three-year period. With the financial backing of New Mountain Capital, a private equity fund, OAKLEAF is committed to steadily building upon its growth record.
The 5000 companies that made the list reported cumulative revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.
About OAKLEAF
OAKLEAF, founded in 1995, is an authority in providing sustainable waste logistics and recycling solutions for a broad base of multi-location retail, restaurant, hotel, manufacturing, property management and mall clients including Sears, United Technologies, Kmart, GAP, TGI Fridays and more. As the most rapidly growing waste outsourcing company in the nation with operations throughout the United States and Canada, an employee base of more than 750 employees, and a nationwide network of over 5,500 certified haulers, recyclers, and waste diversion experts, OAKLEAF provides services to over 100,000 locations throughout North America. OAKLEAF is backed by New Mountain Capital who provides significant financial and strategic resources to help continue OAKLEAF's strong growth and superior service to its customers. OAKLEAF has been recognized twelve times since 2001 by Inc. Magazine, including being named five times to the Inc. 500 List (now the Inc. 5000 List) and being recognized seven times by ICIC, the Initiative for a Competitive Inner City. Subsidiary operations include Valet Waste (doorstep trash pick up for the multifamily industry), IEM (mall services), WasteLess Environmental Management (waste logistics solutions for Canadian companies), and Greenleaf Compaction (equipment rentals, leases, and sales). OAKLEAF is also the exclusive provider of dumpster services for The Home Depot Dumpster Rentals.
For more information on OAKLEAF, please visit www.oakleafwaste.com.
About New Mountain Capital
New Mountain Capital is a New York-based private equity firm investing for long-term capital appreciation through direct investment in growth equity transactions, leveraged acquisitions and management buyouts. The Firm currently manages private and public equity funds with over $6 billion in aggregate commitments. New Mountain seeks out the highest-quality growth leaders in carefully selected industry sectors, and then works intensively with management to build the value of these companies.
For more information on New Mountain Capital, please visit www.newmountaincapital.com.
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