NEW YORK, August 13, 2024 – Inc. revealed today that K&A Engineering Consulting has made it 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 Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
Purna Kharel, founder and CEO of K&A, expressed gratitude for the company's inclusion in the Inc. 5000 list. “Being recognized in this way reflects the hard work of our dedicated team and the long-lasting trust of our clients, who see us as key partners in their success. We continue to grow as a young organization and remain committed to improving the lives of our clients, employees, and the broader community. Our core principles continue to drive us forward.”
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.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
About K&A
Founded in 2017, K&A has swiftly established its reputation as a top-tier service provider delivering high-quality solutions to our clients. We are a multidiscipline and multinational professional services firm of over 400 people with deep expertise in the transmission, distribution, and generation sectors. We offer comprehensive consulting, engineering design, program/project management, and more. Today, K&A works with nearly all the utilities in the Northeast U.S. and a growing number of utilities in the Mid-Atlantic, Southeast, Southwest, and Midwest.
K&A was honored with the 2023 Supplier Excellence Award by PSEG Long Island and was named a Great Place to Work in the USA for the years 2021-2024. This success is deeply rooted in our unwavering commitment to our employees-first, client-centricity, and servant leadership core values. K&A has offices throughout the US, Toronto, Canada, and Kathmandu, Nepal, and serves clients throughout North America and internationally.
CONTACT:
Morgan Gidley
Senior Director, People Operations
morgan.gidley@kapower.us
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.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.
