Explosive Growth Lands Merchants Fleet on Inc 5000’s Fastest Growing Private Companies List for Second Time
Hooksett, N.H., August 16, 2022 - Merchants Fleet, the nation’s fastest growing fleet management company, 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.
About Inc.
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 & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
