Tennessee firms nab top spots on list of fastest-growing private US companies

More than 100 Tennessee businesses ranked among the fastest-growing private companies in the United States, according to Inc. Magazine. Of those, 84 are located in the Nashville metro area.

The publication annually releases its Inc. 5000 list, ranking the top privately-owned American companies according to their percentage revenue growth over the last three years.

Among the 132 fastest-growing private companies in Tennessee, the median growth was 182%. In total, the businesses have added 15,267 jobs to the state's economy in the last three years, according to Inc.

Notably, only three Tennessee companies landed in the top 300 and they are all categorized in the health services industry.

Entrepreneurs apply for the list annually, pay a $495 processing fee, go through a revenue verification process and undergo a vetting process that may disqualify candidates with "allegations of fraud, sexual misconduct, or unlawful activity," according to Inc. Special Projects Editor Eric Hagerman .

Here are the top 10 Tennessee companies that made the list:

No. 3: Monogram Health

Founded in 2019, Brentwood-based home health care company Monogram Health took the top spot as the fastest-growing company in Tennessee.

Inc. reported that Monogram experienced 43,848% three-year growth, landing it third place in the entire country. The company brought in nearly $2.2 billion in revenue in 2023, and it is projected to take in over $3 billion this year.

Specifically, Monogram provides evidence-based in-home care for patients living with multiple chronic conditions like chronic kidney and end-stage kidney disease. Health care executive Mike Uchrin and former U.S. Senate majority leader Dr. Bill Frist cofounded the company in 2019.

"The innovative team at Monogram is relentlessly dedicated to tearing down systemic barriers to accessing care and advancing value-based care that is rooted in clinical research," Frist said in a statement. "Their consistent and organic growth, their quality outcomes, and the value they are driving via cost of care savings are showing the industry what the future looks like.”

No. 90: Spartan Fitness Holdings

Also based in Brentwood, Spartan Fitness Holdings demonstrated 3,616% three-year growth to nab to the No. 90 spot on the Inc. 5000. The company is one of the largest Club Pilates franchise owners in the country and owns a variety of other boutique health and wellness brands.

However, Spartan Fitness does not own any studios in Tennessee. Instead, the company owns studios in Connecticut, Florida, Illinois, Kansas, Massachusetts, Missouri, Nebraska, North Carolina, Ohio, Texas and Virginia.

This is Spartan Fitness's second year on the list, ranking No. 149 in 2023.

No. 200: PRS Global

Based in White House, PRS Global is a healthcare staffing company that recruits qualified international nurses to U.S. hospitals. With 2,002% three-year growth, the company landed the 200th spot on the Inc. 5000 and is the third fastest-growing firm in Tennessee.

By recruiting across the globe and employing a director of immigration services, PRS aims to combat the nurse and physician shortages facing the U.S.

"This recognition is an encouragement to the value we deliver to our clients and nurses," PRS said in a statement. "Here’s to reaching new heights together!"

No. 248: LawnValue

The Franklin-based lawncare company LawnValue experienced 1,653% growth over the last three years. It's a self-proclaimed "one-stop shop" for everything from maintaining commercial properties to residential yards, founded in 2019.

LawnValue took the No. 248 spot nationwide and the No. 4 spot in Tennessee.

No. 270: Daily Crunch

A sprouted nut snack company founded in 2019, Daily Crunch has grown its revenue by 1,547% over the last three years.

Based in Nashville, the company sells a variety of uniquely flavored sprouted nuts and seeds online and in select stores nationwide. Some of the flavor options include Nashville Hot, turmeric and sea salt, cacao and sea salt, dill pickle and Cherry Berry.

Its growth earned Daily Crunch the No. 270 spot nationwide and the No. 5 spot in Tennessee. It is also one of the few food and beverage companies from Tennessee to make the list

No. 320: Legendary Supply Chain

A supply chain software company based in Goodlettsville, Legendary Supply Chain has experienced 1,342% revenue growth in the last three years, landing the No. 320 spot nationwide and the No. 6 spot in Tennessee.

From order management to purchasing, logistics and accounting, Legendary Supply Chain offers companies a suite of applications to keep track of its supply chain efficiently and accurately.

Since its founding in 2016, the company has seen steady growth, but it wasn't until 2022 that it started receiving recognition from businesses like Inc., Deloitte and The Financial Times.

No. 351: Sergeant Sudz

Based in Greeneville, Sergeant Sudz is a car wash manufacturing company that designs the mechanics behind the spinning brushes and automated jets that clean cars across the U.S.

With 1,246% three-year revenue growth, Sergeant Sudz claimed the No. 351 spot nationwide and the No. 7 spot in Tennessee.

“Sgt. Sudz has been growing like crazy the past three years. It's been an amazing journey watching our MCC offering grow, and we haven't even begun to scratch the surface," Sergeant Sudz President James VanDerWiele said in a statement.

No. 364: Energized Health

A Brentwood-based health services company, Energized Health has grown 1,202% in the last three years, taking the No. 364 spot nationwide and the No. 8 spot in Tennessee.

The company takes a "whole body" health approach with "inner cellular hydration," a recipe book, daily training videos and a personal dashboard for data tracking to help customers lose weight and reach "optimal health."

No. 416: Big Sky Landscapes

The Chattanooga-based construction and landscaping company Big Sky Landscapes took the No. 416 spot nationwide and the No. 9 spot in Tennessee.

The company specifically promotes the use of native plants in its landscaping and has grown its revenue 1,066% in the last three years.

No. 521: Premier Pools & Spas

Based in Franklin, Premier Pools & Spas grew its revenue 851% in the last three years, earning the No. 521 spot on the Inc. 5000. It also ranked the tenth-fastest growing private company in Tennessee.

It is the largest residential pool building company in the country. Since its founding in 2010, Premier Pools & Spas has built over 80,000 swimming pools built in the United States.

Hadley Hitson covers trending business, dining and health care for The Tennessean. She can be reached at hhitson@gannett.com . To support her work, subscribe to The Tennessean .

This article originally appeared on Nashville Tennessean: Tennessee firms nab top spots on list of fastest-growing private US companies