LAS VEGAS — Inc. magazine ranked Service Repair Solutions (SRS) number 2531 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. This marks the 4th consecutive year that SRS has made the list, which represents the most comprehensive look at the most important segment of the economy—America’s independent entrepreneurs. Service Repair Solutions joins Yelp, yogurt maker Chobani, Giftcards.com, KIND and famed hatmaker Tilly’s, among other prominent brands featured on this year’s list.
SRS serves the automotive service and repair market through its wholly owned operating divisions:
Mobile Productivity, Inc. (MPi) was the founding business of the Company and currently serves over 800+ new car dealerships with EDGE WorldClass™, a powerful solution that creates trust by standardizing the inspection, estimating and recommendation processes. It empowers auto dealer service departments and their management teams to build connections with customers that drive retention throughout the lifecycle of the vehicle.
Identifix, Inc. (Identifix®) serves the automotive aftermarket with (i) a telephone-based Repair Hotline service to assist technicians in diagnosing vehicles in their repair shop – fielding 15-20,000 calls per month, and (ii) Direct-Hit™, an online diagnostic information service that allows technicians to access the Identifix database of symptoms and potential fixes with over 35,000 subscribers.
International Automotive Technicians’ Network, Inc. (iATN®) is an online community of over 75,000 automotive repair professionals in 158 countries.
Auto Point, Inc. (Auto Point) is a total ownership lifecycle company serving new car dealerships. Company’s focus is complete customer retention programs and fixed ops vehicle inspection declined services.
SRS Insight. (SRSi™) is dedicated to the sharing of actionable data from the automotive service and repair industry to create a global community of information. Its dynamic database is collected from dealerships, independent repair shops and qualified technicians totally over 40 million ROs worldwide represents the largest aggregate of actionable knowledge in the automotive industry.
Commenting on the ranking, Les Silver, CEO of Service Repair Solutions stated: “To make this list four years in a row shows remarkable strength and sustained growth. We are very proud of the hard work of all our employees. SRS enhances service and repair at the point of delivery – improving the experience for those diagnosing, repairing, and communicating the growing complexity of automotive service. With the current challenges the automotive industry faces, our services have become increasingly vital. It is our mission to revolutionize the delivery of service and repair in the automotive industry.”
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. The companies on this year’s list report having created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
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/5000.
“Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is,” says Inc. Editor Eric Schurenberg.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2008 to 2011. To qualify, companies must have been founded and generating revenue by March 31, 2008. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2011. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2008 is $100,000; the minimum for 2011 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at www.inc.com/500.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
About Service Repair Solutions, Inc.:
Headquartered in Las Vegas, NV, Service Repair Solutions, Inc. is a leader in providing innovative information solutions for the service and repair industry.
Current affiliates include Mobile Productivity, Inc., Identifix, Inc.; International Automotive Technicians’ Network, Inc. and Auto Point, Inc. For more information call Susan Lovett at (800) 997-1674 x2010, or visit www.servicerepairsolutions.com.
