Kalamazoo, MI, 8/13/2024 – Inc. revealed today that Aldevra ranks No. 3359 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. This marks the fourth time Aldevra has been honored on the Inc. 5000 list, a testament to the company’s sustained growth and excellence in the government contracting space. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses.
“We are thrilled to be recognized on the Inc. 5000 list for the fourth time,” said Rodney Marshall, president & CEO of Aldevra. “This achievement means the world to us because it’s a testament to the passion and dedication of our entire team—from the corporate staff to every employee out in the field supporting government contracts across the country. Aldevra has come a long way from its humble beginnings, and every milestone like this reminds us of the trust clients have placed in the company and the strong relationships built along the way. We’re more excited than ever about what the future holds, and we’re committed to continuing to grow, innovate, and make a positive impact in our industry.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, rising costs of capital, and intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In total, the Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, visit www.inc.com/inc5000. The top 500 companies will also be featured in the September issue of Inc. magazine, available on newsstands starting August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
Founded in 2009, Aldevra quickly established itself as a trusted partner for federal agencies, offering a wide range of products and services, including food service equipment and professional services such as healthcare professionals and construction and facilities management personnel. With a mission to provide unparalleled quality and customer service, Aldevra has grown from a small business operating from a kitchen table to a significant player in the government contracting industry.
Aldevra’s journey on the Inc. 5000 list began in 2018 with an impressive debut at number 689, followed by a climb to 541 in 2019, and a ranking of 2351 in 2020. Ranking 3359 in 2024 is a testament to Aldevra’s exceptional growth and resilience, showcasing its ability to scale operations and deliver high-quality services across various sectors. This recognition comes alongside other recent accomplishments, including being named an apparent awardee on OASIS+ for the facilities domain, winning a $240 million MATOC contract with the U.S. Army Corps of Engineers (USACE) for construction management services, securing a spot in the Foodservice Equipment Report’s top 40 dealers for 2024, and earning a GSA Multiple Award Schedule (MAS) for professional services. These accolades further solidify Aldevra’s reputation for excellence and leadership in the industry.
Aldevra is poised for continued expansion, with plans to further solidify its presence in the foodservice industry as well as professional services. The recognition from the Inc. 5000 list validates past successes and propels Aldevra forward in its mission to provide high-quality products and timely service at the best value. With a focus on innovation, customer satisfaction, and quality, Aldevra is excited to build on its momentum and explore new opportunities in the coming years.
Aldevra invites potential clients and partners to learn more about its offerings and future initiatives. Visit www.aldevra.com or contact sales@aldevra.com or 269-350-1337 for more information.
About Aldevra
Aldevra was founded in 2009 by current President & CEO Rodney Marshall, a U.S. Marine Corps veteran and minority entrepreneur. The company began by selling foodservice equipment to the federal government and later expanded to include medical equipment and professional services, helping to meet a broader range of customer needs. Today, Aldevra is recognized as a top foodservice equipment dealer in the U.S., specializing in federal government sales while also growing its commercial and e-commerce customer base. Its professional services division provides federal agencies with healthcare professionals, construction and facilities managers and technicians, and administrative support. Whether it’s equipment or staffing, Aldevra is committed to delivering high-quality products and timely service at the best value.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 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 achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 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. For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
