Diversified, Level 3, IMS and Cenero Among 2019 Inc 5000 Fastest-Growing U.S. Companies

AV firms secure places on the annual spotlight of companies that have grown most in the past three years, including some that have been on the list often.

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Diversified, Level 3, IMS and Cenero Among 2019 Inc 5000 Fastest-Growing U.S. Companies

A handful of AV integration firms—including one that’s been on the list for four years running and another one on the list for the seventh time in eight years—were singled out as among the fastest-growing privately held U.S. companies, better known as the Inc 5000.

This is the fourth straight year both Cenero and 2018 CI Integrator of the Year Diversified have been on the list and the seventh time IMS Technology Services has been included among the Inc 5000. Level 3 Audio Visual is on the list for the third time in the past five years.

Innovative Collaboration, Texadia Systems and Felix Media Solutions are first-time Inc 5000 honorees.

“It is a true honor to be ranked once again to the Inc. 5000,” said Fred D’Alessandro, founder and CEO of Diversified. “Diversified has experienced tremendous growth over the past few years, both domestically and across the globe, and I am so proud of our dedicated team who delivers quality, innovative solutions for our clients every day. We would not be able to do it without them!”

“Our phenomenal growth is a direct result of our team’s ongoing commitment to creating extraordinary meeting and presentation environments for our valued clients,” Cenero president Rob Gilfillan told CI in an email about the honor.

“As a seven-time recipient in the past eight years, [co-founder and wife] Jill [Renninger] and I are honored to be a part of the IMS team,” said IMS co-founder John Renninger. “This group of people constantly takes this organization to greater heights year after year.”

“We are honored to once again to be included amongst the nation’s Inc. 5000 companies,” said Level 3 president Jeremy Elsesser. “I feel our growth and success are due to our incredible employees and the quality management system we’ve enacted for integrating AV technology into our clientele’s businesses.”

“It’s been a big year for us,” says Innovative Collaboration president Al Sheppard. “We opened our doors five years ago and didn’t expect to grow this quickly. We’ve received three national awards this year for our growth and talent development and couldn’t have done it without our incredible clients and talented team. We’re proud of our continued growth and are looking forward to what the future holds for our company.”

“We set off on this adventure to create an AV integrator where people are given the tools and freedom to do their best work and focus on pleasing customers,” says Felix Media Solutions CEO Lionel Felix. “We’ve been lucky to have an incredible team of people that live and breathe this culture. Our growth is owed to this incredible team and the clients that value us for it.”

Companies on the 2019 Inc. 5000 are ranked according to percentage revenue growth from 2015 to 2018. They must be U.S.-based, privately held, for-profit, and independent–not subsidiaries or divisions of other companies as of Dec. 31, 2018. The minimum revenue required for 2015 is $100,000; the minimum for 2018 is $2 million.

More About the Honorees

Here’s a closer look at the achievement of the AV integrators who are including among the fastest-growing privately held companies in the U.S., the Inc 5000.

Diversified [#1576]

262% three-year growth

2018 revenue: $741.4M

Inc 5000 appearances: 2016-2019

Innovative Collaboration [#1834]

222% three-year growth

2018 revenue: $5.6M

Inc 5000 appearance: 2019

Felix Media Solutions [#1925]

208% three-year growth

2018 revenue: $3.8M

Inc 5000 appearance: 2019

Level 3 Audio Visual [#2125]

189% three-year growth

2018 revenue: $27.7M

Inc 5000 appearances: 2015, 2017, 2019

Texadia Systems [#2887] 

130% three-year growth

2018 revenue: $10.2 million

Inc 5000 appearances: 2019

IMS Technology Services [#3941]

83% three-year growth

2018 revenue: $38M

Inc 5000 appearances: 2012-2017, 2019

Cenero [#4052]

80% three-year growth

2018 revenue: $50.2M

Inc 5000 appearances: 2009, 2013, 2016-2019

Is your firm among the fastest-growing firms in AV? We want to share your stories. Email executive editor Craig MacCormack

at craig.maccormack@emeraldexpo.com for more information about how to be included in the 2019 Fast-Growing Firms coverage.

About the Author

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Craig MacCormack is a veteran journalist with more than 20 years of experience covering local and national news and sports as well as architecture and engineering before moving into his current role. He joined Commercial Integrator in January 2011.

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