Magellan Announces Nearly 300% Growth
Magellan Search & Staffing’s rapid growth has propelled them higher still on the Inc. 500|5000 list of the nation’s fastest-growing, privately held companies, placing number 1349 in 2013, up from 1725 in 2012. Magellan attained a ranking of 28 for the Philadelphia Market Metro Area, 33 for the state of Pennsylvania and 57 for the HR/Recruiting Industry.
Recognized for their tremendous growth, Magellan has once again ranked among America’s top independent entrepreneurial companies. Magellan Search & Staffing posted an enviable 299 percent growth rate between 2009 and 2012. Magellan attributes this success to their continued commitment to quality and service. The company has been widely acclaimed locally and nationally, receiving several business awards:
• Philadelphia’s Fastest Growing privately held businesses in the Philadelphia region (2007, 2008, 2011, 2012)
• Inc. 5000 (2012 and 2013)
• Top Executive Recruiters (2009, 2011, 2012, 2013)
• Inavero’s Best of Staffing Talent and Best of Staffing Client (2013)
• Philadelphia’s 40 Under 40 (2012, Matthew Kenefic, Founder and President)
• PICPA 40 Under 40 (2012, Brandon Saylor, Managing Director of Magellan’s Accounting & Finance Division)
What is the key to Magellan’s continued success? According to Joseph Nicolas, CEO of Magellan Search & Staffing, “Our high level of emphasis on the needs of our clients has been instrumental in driving our growth. We empower our recruiters by giving them the tools and training they need to find and deliver top talent.” He added, “I’m excited about our growth and fully expect this trend to continue as we deliver great service to our clients throughout the Philadelphia area and nationally.”
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for-profit and independent – not subsidiaries or divisions of other companies – as of December 31, 2012. The minimum revenue required for 2009 is $100,000 the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.