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T2 Systems Named to Inc. 5000’s Annual List of America’s Fastest-Growing Private Companies


Indianapolis – Aug. 16, 2016 – T2 Systems today announced it ranked. No. 2171 on the Inc. 5000, the most recognized ranking of the nation’s fastest-growing private companies. The Indianapolis-based T2, a national leader in parking technology, posted a three-year sales growth of 169% to earn its current spot.

 

T2 has made the list eight times since 1999, one of only three Indiana-based firms to achieve this status as often. T2 also earned a “Top Indianapolis Companies” designation, where it ranked among the Top 20.

 

The Inc. 5000 list represents the most successful companies within the American economy’s most dynamic segment – its independent small businesses, according to Inc. magazine. T2 joins the ranks of such companies as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow and many other well-known names who gained their first national exposure as honoree of the Inc. 5000.

 

“It’s quite an honor to be among the fastest growing businesses in the U.S. And even more so, we’re thrilled to be in such a select group of Indiana companies to reach this milestone of consistent growth, with us making the list eight times in 22 years,” said CEO Mike Simmons.

 

“We started this journey more than two decades ago to make parking better, and we’ve never lost sight of that goal of continuous improvement for our customers. It’s very rewarding to see our efforts recognized this way. There is great pride in our accomplishments, and also in our team that makes it happen every day.”

 

“The Inc. 5000 list stands out where it really counts,” says Inc. President and Editor-In-Chief Eric Schurenberg. “It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great – usually from scratch. That’s one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.”

 

The Inc. 5000’s aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period.

 

About the Inc. 5000
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, the prestigious list to nation’s most successful private companies has become the hallmark of entrepreneurial success.

 

Methodology
The 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independent – not subsidiaries or divisions of other companies. The minimum revenue required for 2012 is $100,00; the minimum revenue for 2015 is $2 million. The full list can be found here.

 

About T2 Systems, Inc.
Started in 1994, T2 Systems is a technology-focused parking systems provider with deep roots in the evolving parking industry. This commitment is evident in T2’s quality products and services, thought leadership and strong customer relationships. The company’s unified parking management and payment solutions provided under the T2 and Digital brands are in use by over 1,100 organizations across the US and Canada including universities, cities, towns, hospitals and parking operators. T2 Systems has offices in Indianapolis, Vancouver and virtual offices throughout North America. For additional information about T2 Systems products and services, visit www.T2systems.com.