Inc. 5000 Recognizes Newfire for Rapid Growth
Cambridge, MA – Aug 17, 2022 – Newfire Global Partners, a Cambridge-HQ’ed advisory and IT services company, announced today that Inc. 5000 has recognized the organization as one of the fastest growing private companies in America. This year represents Newfire’s first-time entry in the annual evaluation. After a review of audited financials, Newfire placed 1421st on the overall list and 36th in their home state of Massachusetts.
The growth can be partially attributed to a strong reputation and brand promise among leading private equity and venture capital firms and their portfolio companies. As an example, 43.7% of YTD new business was generated by unsolicited customer referrals.
“Newfire’s leadership team has successfully navigated an unprecedented global economy and responded with rapid growth,” says Stephen S. Hau, Newfire Chairman & CEO. “I appreciate Inc. 5000 recognition of our global organization’s hard work, personal accountability, and genuine commitment to customer success.” The Inc. 5000 honors the highest achievements in entrepreneurship by highlighting innovation across industries, geographic regions, company sizes, and revenue.
Newfire Global Partners was founded in 2016 to help bring innovation to market. The leadership team leveraged their expertise and deep global network to help clients unlock business value and create optionality. Today, Newfire and its wholly owned subsidiaries operate in 8 countries across 4 continents with a diverse and robust team of 700+ professionals.
Newfire is thrilled to join fellow 2022 honorees as well as notable companies previously named, including Zappos, Under Armour, Patagonia, and Microsoft.
About Newfire
Founded in 2016, Newfire is a leader in advisory and IT services with worldwide operations. Combining “new” and “fire” is a tribute to innovation, recognizing “fire” as one of mankind’s first game changing technologies.
The company’s stellar growth is driven by customer successes and leveraging talented, remote teams to unlock business value and create workforce optionality.
Headquartered in Cambridge, Massachusetts, Newfire’s worldwide operations include Argentina, Brazil, Canada, Costa Rica, Croatia, Malaysia, Ukraine, and other locations. Learn more at https://www.newfireglobal.com
