Boca Raton, FL. — August 21, 2019 — Cendyn is proud to announce that The Rainmaker Group, a Cendyn Company, has ranked on the Inc. 5000 list of the fastest growing privately held companies in the U.S. for 2019. This marks the eighth year for Rainmaker to achieve this honor since 2010. With a continuously expanding customer base and an industry leading platform of revenue & profit solutions, Rainmaker continues to rank on the Inc. 5000 list due to its impressive growth in the hospitality space.
Founded in 1998 by Bruce Barfield and Tammy Farley, Rainmaker was recently acquired by Cendyn. As the leading innovative cloud software and services provider for the hospitality industry, Cendyn offers alignment between operations, marketing, sales, and revenue to provide hoteliers with the means to optimize their strategies and drive performance and loyalty across their businesses.
“Rainmaker’s commitment and growth in providing the hospitality industry with revenue & profit optimization solutions was one of the reasons we looked at adding them to the Cendyn family,” said Tim Sullivan, President at Cendyn. “We are honored to have Rainmaker featured on Inc 5000 list as our company remains dedicated to developing the most advanced technologies to help the hospitality industry grow and keep guests at the heart of all that they do.”
Inc. Magazine reports that on average, companies that made this year’s Inc. 5000 list show a staggering growth compared to prior lists. The 2019 Inc. 5000 achieved an astounding three-year average growth of 454 percent, and a median rate of 157 percent. The Inc. 5000’s aggregate revenue was $237.7 billion in 2018, accounting for 1,216,308 jobs over the past three years.
“The companies on this year’s Inc. 5000 have followed so many different paths to success,” says Inc. editor-in-chief James Ledbetter. “There’s no single course you can follow or investment you can take that will guarantee this kind of spectacular growth. But what they have in common is persistence and seizing opportunities.”
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.