CRAIN'S CHICAGO BUSINESS ranks Richard Group #20 for Fastest Growing Companies in Chicago

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Chicago Crain’s Fast 50 List Honors Richard Group for the Third Year
Richard ranks #20 on the list of Fastest Growing Companies in Chicago as well as #2 for Fastest-Growing Construction, Engineering, or Architecture Company in Chicago

CHICAGO, IL, JUNE 13, 2024— The annual Crain’s Fast 50 list was announced, and for the third year, Richard Group was honored as one of the Top 50 fastest-growing companies in the Chicago region. With a 764.1% revenue growth over a five-year period, Richard Group ranked number 20 on the list for 2024.

Every year, Crain’s Chicago Business invites Chicago area companies to apply to showcase “the highest-flying companies in the region.” To qualify, companies must meet a rigid list of criteria,  including consistent revenue growth year-over-year for at least five years and a minimum of $15 million in revenue in 2023. Companies must also be headquartered in the seven-county Chicago area as of Dec. 31, 2023.

We are honored to be recognized and ranked by Crain’s as a Crain's Fast 50 fastest-growing company," said Jed Richard, CEO + President of Richard Group. "This achievement underscores our commitment to excellence, innovation, and the dedication of our talented team. We are proud of our significant growth and diversification. This accolade is a testament to everyone's grit, gratitude, and greatness at Richard Group."

“This year's winners saw five-year median revenue growth of an impressive 505% and an average revenue increase of 2,375%, driven by the enormous growers topping our list. Logistics, construction, and consumer service sectors lead the way, with six companies apiece,” states Sophie Rodgers from Crain’s Chicago Business.

ABOUT RICHARD GROUP

Established in 2014 by Founder and CEO Jed Richard, Richard Group is a veteran-owned, national general contracting company proud to develop, design, build, and maintain many of the most innovative structures on earth. By prioritizing people and purpose, Richard Group sealed its reputation by more than doubling in size since 2022. Recognized as a Top-5 fastest-growing general contractor in the country and Best Places to Work by Inc. 5000 and Crain’s Chicago Business, Richard Group proudly employs over 100 full-time construction management and craft professionals across 16 states.

For more information, visit https://www.richardgroupllc.com/

ABOUT CRAIN’S CHICAGO BUSINESS
ChicagoBusiness.com is the news site of Crain's Chicago Business, one of more than 20 business publications owned by Crain Communications. Its mission is to be the top source of news, analysis, and information on business in metropolitan Chicago for decision-makers in the private and public sectors. To read the full list of the Top 50 Fastest Growing Companies, visit https://www.chicagobusiness.com/fast-50/chicagos-fastest-growing-companies-2024