Less than a tenth of a percent of companies reach the milestone
ADDISON, Ill., August 13, 2024–(BUSINESS WIRE)–Parts Town Unlimited, the parent company of Parts Town, the world’s leading high-tech distributor of OEM parts for food service equipment, appliances, heating, ventilation and air conditioning (HVAC), consumer electronics parts and related products, today announced that it has been recognized by Inc. Magazine as one of the Fastest Growing Companies in the U.S. for the 16th consecutive year.
Achieving this milestone places Parts Town Unlimited in an elite group where fewer than one-tenth of one percent of companies earn a spot on the Inc. 5000 list for 16 consecutive years. The list recognizes the fastest-growing, privately held, for-profit companies in the country. Parts Town Unlimited earned its ranking by reporting revenue of over $2.3 billion for 2023, a 192% increase over 2020.
“Being recognized as one of the fastest-growing companies in the country for 16 consecutive years is a testament to the power of culture in creating long-term competitive advantage. Our 5,500+ team members who live our values every day deserve this recognition,” said Steve Snower, Sixth Man (aka CEO) of Parts Town Unlimited. “Our values-based culture has enabled us to provide differentiated customer service, build deep partnerships with manufacturers and become the leading innovator in the markets we serve. As we continue to expand our product offerings and global reach, we will remain true to our core values.”
Over the past five years, Parts Town Unlimited has grown to over 45 unique global brands and over 5,500 team members worldwide. The company has also launched a number of innovative solutions including PartPredictor, a unique AI-powered tool for the food service industry, expanding its same-day delivery capabilities, and a new industry-first data plate scanner for the HVAC industry available in the Parts Town app.
Complete Inc. 5000 results, 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.
About Parts Town Unlimited
Parts Town Unlimited is the global leader in high-tech distribution of replacement parts for mission-critical equipment and related products and services for the food service, appliance and HVAC industries. Guided by its core values of Safety, Integrity, Community, Passion, Courage and Innovation, Parts Town Unlimited offers infinite possibilities, unlimited potential and limitless innovation with a focus on people, innovation and long-term partnerships. Parts Town Unlimited is an organization without borders, led by dreamers who continually grow and add value to our partners and great opportunities to our team members around the world.
About Parts Town
Parts Town is the leading, technologically innovative distributor of original equipment manufacturers (OEMs) for food service, appliance and HVAC equipment. When an appliance has a problem, Parts Town is there to help with the world’s most widely-invented parts, innovative technology and an unmatched customer experience. Tailored solutions benefit service technicians of all types, as well as chain and independent restaurants, schools, healthcare facilities and hospitality venues.
By partnering with the leading manufacturers of food service, appliance and HVAC parts, Parts Town improves the supply chain, increases sales of genuine OEM parts and keeps each customer’s business running smoothly. Parts Town also partners with appliance and accessory retailers of all sizes to offer a one-stop shop through its Parts Town marketplace.
For more information visit https://www.partstown.com/
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Katie Whorton
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