Exeter, RI, October 5, 2012 -- Carousel Industries, a leader in data networking and converged communications, announced it has been recognized by Providence Business News in the magazine's Top 15 Fastest Growing list.
With more than $326 million in annual revenue and an impressive 97 percent three-year growth rate, Carousel has continued to have strong growth as the leading data networking and converged communications solutions provider. Carousel was recognized as the third fastest growing company with annual revenue of $25 million or more.
“We're excited to be recognized again by Providence Business News as one of the fastest growing companies in the region. The key to our success is a knowledgeable and enthusiastic team,” said Jeffrey W. Gardner, CEO, Carousel Industries. “It's because of our people that we consistently meet our revenue, customer loyalty and operational excellence goals.”
Carousel continues to accelerate faster than the market, even in challenging economic times. Since last year's list, Carousel moved up a notch from the fourth fastest-growing private company in its category. As the only IT company to make Providence Business News' Top Private Companies list, Carousel has proven that is possible to not only grow revenue and staff size in a difficult economy, but thrive.
Providence Business News, a prominent business publication focused on the Rhode Island market, pushes an annual list of the fastest-growing companies based on annual revenue from the previous year. Carousel was recognized on the list when it was first published in 2010 and has rapidly climbed the ranks as one of the top private companies in the state.
Carousel Industries designs, delivers and supports technology solutions that become the foundation of our clients’ businesses. This includes unified communications, managed services, virtualization, Voice over IP (VoIP), video conferencing and collaboration and data infrastructure solutions. Since Carousel was founded in 1992 we’ve grown an average of 30% - 50% per year with 2011 revenues of approximately $326 million. Today we have over 5,000 customers, including 35 of the Fortune 100. Carousel has been recognized by both VAR and CRN Magazines as one of the top technology integrators in the US and we’ve been listed in the Inc. 500/5000 six times.
Carousel is headquartered in Exeter, RI with over 1,000 employees working from offices in 30 locations across the US, including over 250 service technicians deployed across the country. For more information visit http://www.carouselindustries.com
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