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DQS Solutions & Staffing Ranks No. 22 on the 2024 Inc. 5000 List as One of America's Fastest-Growing
14 hours ago
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DETROIT, August 13, 2024 – Inc. revealed today that DQS Solutions & Staffing ranks No. 22 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armor, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
“What we’ve been able to achieve in the past four years is nothing short of incredible,” said DQS Solutions & Staffing Co-Founder and CEO Josh Morris. “This honor is a testament to the hard work that our team has put in since the beginning. I couldn’t be prouder of what we’ve accomplished together.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
Beyond exponential revenue growth since its inception, DQS Solutions & Staffing has been continuously adding to its client portfolio as well as its array of business solutions. Over the past year alone, DQS has vastly expanded its security operations, increased its warehousing footprint, and even created DQ Station, an onsite food truck for DQS employees. Among the most exciting and innovative solutions offered by DQS is their new Key Management System, which is designed to expedite and revolutionize the way vehicle keys are handled and secured for car porting operations.
"The growth we’ve experienced since our launch is remarkable,” said DQS Co-Founder, John Debono. “Reaching 22nd nationally and 1st in Michigan in such a short period of time is beyond my wildest expectations and I can’t wait to see what our future holds.”
About DQS Solutions & Staffing
Founded in 2020 as Detroit Quality Staffing, DQS Solutions & Staffing initially focused on matching clients with ideal employees. Over time, driven by their leadership’s experience in logistics and the automotive industry, DQS expanded to offer a range of solutions like warehousing and security. Today, DQS continues to form lasting partnerships, providing clients with tailored staffing and business solutions to meet their unique needs.
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
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