Merchants Fleet announced it has been named to Inc 5000’s list of fastest-growing private companies in America for the second time in three years.
The list represents a one-of-a-kind look at the most successful companies within the economy’s most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“We are proud to be the fastest-growing in our industry, and now again seen as one of the fastest growing in the world,” said Brendan P. Keegan, Chairman, CEO and President of Merchants Fleet.
“Innovation is at the heart and soul of everything we do at Merchants, and it has allowed our company to grow at a fast pace, while keeping intense focus on delivering value to our clients. The important work we are doing with fleet electrification is a critical step toward a more sustainable future for our clients and our nation—the future is bright.”
Merchants first landed on Inc’s Fastest Growing Private Companies list in 2020 and has since seen exponential growth. In 2021, the Merchants’ portfolio of vehicles grew by nearly $500 million. That same year, the company put 20,000 vehicles on the road in the last mile delivery space alone, with 4 million packages per day delivered in a vehicle managed by Merchants during the holiday season.
“The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated,” says Scott Omelianuk, editor-in-chief of Inc. “Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today.”
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.