Recognition puts Parts Town among 0.2% of companies to have made the list 11 times
ADDISON, Ill.–(BUSINESS WIRE)–Parts Town, the market leading foodservice equipment parts distributor with the most in-stock OEM (original equipment manufacturer) parts on the planet, celebrates its 11th consecutive placement to the prestigious Inc. 5000 list, ranking #2,165. Parts Town earned a spot on the list through an exceptional growth rate of 194% from 2015 to 2018.
This honor recognizes the country’s fastest-growing, privately held, for-profit companies based on recent percentage revenue growth. With 15 consecutive years of greater than 20% organic growth, Parts Town reports $550 million in revenue in 2018, a 40% increase in one year and an 558% increase since 2013.
Since earning their 10th consecutive placement on last year’s list, Parts Town has continued an upward trajectory of growth fueled by:
- Expansion in Europe market with new logistics center in Dusseldorf, Germany
- Introduction of Serial Number Lookup in January 2019, doubling the number of participating manufacturer partnerships since launch
- Expansion into HVAC industry through partnership with York
- Surpassing 600 team members in Chicago along with more than 1,800 worldwide
“Our 11th consecutive placement on the Inc. 5000 list gives us pride as a Chicago-based company as well as further inspiration to continue to grow and innovate in our industry and in our community,” said Steve Snower, Chief Enthusiasm Officer, a.k.a CEO, of Parts Town. “Our team at Parts Town prioritizes a commitment to actively focus on doing things the right way, not the easy way. It’s this passion from the team that allows us to continue to innovate and drive growth to receive this type of recognition.”
The Inc. 5000 list represents the most comprehensive look at the most important segment of the economy–America’s independent entrepreneurs. Complete results of the Inc. 5000, 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
Parts Town is the market-leading distributor of genuine OEM (original equipment manufacturer) foodservice equipment parts. When there’s a hiccup in any commercial kitchen, Parts Town is ready to jump in and help with the most in-stock parts on the planet, innovative technology, and an unmatched customer experience. Customized solutions benefit food equipment service companies, chain restaurants, institutions and independent restaurants.
Parts Town leads the way in industry innovation. Its Serial Number Lookup tool uses model serial number level detail from a variety of foodservice equipment manufacturers to create a more precise search and order process for buying replacement parts for commercial kitchen equipment. The 360-degree imaging technology, PartSPIN®, valuable interactive diagrams, convenient Smart Manuals, and the industry’s first mobile app allow customers to easily and conveniently find and view equipment manuals and parts in the field, where that info is needed most. These innovations, paired with same day shipping and extended hours of operation, ensure the correct part is ordered and delivered every time.
Partnering with the top manufacturers of commercial cooking, refrigeration, ice and beverage equipment, HVAC and more, Parts Town improves the supply chain, increases sales of genuine OEM parts and keeps every customer’s business running like clockwork.
Parts Town has been recognized for its company’s growth including 11 consecutive years of making the prestigious INC. 5000 list as well as seven placements to Crain’s Chicago Fast 50 list.
Parts Town makes finding and buying foodservice equipment parts easy, fast and kinda fun.