Companies on the Inc. Regionals: Midwest list had a median growth rate of 86 percent
DOWNERS GROVE, Ill.–(BUSINESS WIRE)–Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, today revealed that Sevan is No. 121 on its fifth annual Inc. Regionals: Midwest list, the most prestigious ranking of the fastest-growing private companies in the Midwest, which includes Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin. An extension of the national Inc. 5000 list, the Regionals offer a unique look at the most successful companies within the Midwest economy’s most dynamic segment–its independent small businesses.
“It’s an incredible honor to be recognized on the Inc. 2025 List of Fast-Growing Companies in the Midwest by such a distinguished organization,” said Jim Evans, CEO and Founder of Sevan. “This achievement is a testament to the hard work, dedication, and innovation of our talented Sevan team. We are fortunate to collaborate with exceptional clients and partners who continuously inspire us to grow and evolve. Congratulations to all the outstanding companies that earned a spot on this year’s list—we are proud to be in such great company.”
The companies on this list show a remarkable rate of growth across all industries in the Midwest. Between 2021 and 2023, these 139 private companies had a median growth rate of 86 percent; by 2023, they’d also added 7,977 jobs and $13.2 billion to the region’s economy.
Complete results of the Inc. Regionals: Midwest, including company profiles, can be found at https://www.inc.com/regionals/midwest starting April 1. You’ll also find an interactive database that can be sorted by industry, metro area, and other criteria.
“The honorees on this year’s Inc. Regionals list are true trailblazers driving economic growth in their respective regions, industries, and beyond. This list celebrates their achievements and tells the stories of remarkable companies that are fueling growth and adding jobs in local economies throughout the country,” said Bonny Ghosh, editorial director at Inc.
Sevan is an innovative, global leader in design, program management, construction services and data analytics. As a certified veteran-owned company, Sevan puts its clients’ capital to work—creating speed and scale—via dramatically enhanced efficiencies and accelerated schedules for high-quality program rollouts, maximizing ROI. We partner with some of the world’s biggest brands and serve the unique needs of clients in restaurant, retail, and government multi-site spaces. As an extension of our clients’ teams, our in-house experts manage capital improvement initiatives through every step of a program’s lifecycle.
More about Inc. and the Inc. Regionals
Methodology
The 2025 Inc. Regionals are ranked according to percentage revenue growth over two years. To qualify, companies must have been founded and generating revenue by March 31, 2021. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, a number of companies on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2023 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Sevan
Sevan is a leading global provider of innovative solutions in site development, design, program management, and construction services for organizations operating across multiple sites. As a veteran-owned firm driven to provide efficiency and accelerate project timelines, Sevan facilitates high-quality program rollouts that maximize client returns. Trusted by the world’s top brands, Sevan delivers customized, cutting-edge solutions to the restaurant, grocery, fuel and convenience store, retail, and government sectors nationwide.
For more information about Sevan and its comprehensive suite of services, please visit www.sevan.com.
About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.
Contacts
Edward Flavin
Vice President, Marketing & Communications
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