EAST HARTFORD, Conn.
Sept. 14 /PRNewswire/ -- OAKLEAF, a leading provider of sustainable waste logistics and recycling solutions, is pleased to announce that it has been named once again 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 at number 2,038. Additionally, OAKLEAF earned rankings in several Inc. 5000 categories including being ranked Number 29 in the Top 50 listing in the Environmental Services Companies category; number 35 in the Top 100 Gross Dollars of Growth category; and number 43 in the Top 100 Companies by Revenue category. OAKLEAF has now been recognized by Inc. for a variety of awards every year since 2001.
"We are pleased that OAKLEAF has again been included on the Inc. 5000 list," said Steve Preston, President and Chief Executive Officer of OAKLEAF. "OAKLEAF continues to demonstrate value to our customers through sustainable waste logistics, waste diversion and recycling services. The outcome is reflected in the growth of our company," added Preston.
OAKLEAF provides service to more than 100,000 locations through its network of over 5,000 certified haulers, recyclers, and waste diversion experts. OAKLEAF, an enterprise consisting of 5 subsidiaries, with nearly 700 employees in the U.S. and Canada provides waste and recycling services to a highly diversified blue chip customer base including multi-location retail stores, restaurants, hotels, manufacturing, residential and commercial property and mall clients throughout North America.
The Inc. 5000 rankings are based on a company's percentage revenue growth from 2005 through 2008. 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 2005 and at least $2 million in 2008. OAKLEAF earned $594.6 million in revenues, representing a 156.5% growth rate 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 $214 billion and median three-year growth of 126 percent. Most important, the 2009 Inc. 5000 companies created more than 1 million 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.
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 nearly 700 employees, and a nationwide network of over 5,000 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 by Inc. Magazine every year since 2001, including the Inc. 500 List, the Inc. 5000 List, and 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 visitwww.newmountaincapital.com.