REI Utility Services Recognized Among America's Fastest-Growing Private Companies on Inc. 5000 List

REI Utility Services has been named to the annual Inc. 5000 list, ranking No. 2,355 among America's fastest-growing private companies. This prestigious recognition, awarded by Inc., underscores the company's rapid expansion and success in providing critical services to electric utilities. The Inc. 5000 list serves as a data-driven snapshot of the most successful entrepreneurial businesses in the economy, with past honorees including major corporations like Microsoft, Meta, and Under Armour.

Mitchell Mayo, Chief Executive Officer of REI Utility Services, emphasized that the company's growth reflects the trust placed by utility partners and the dedication of its team. He stated that being named to the list validates their mission of delivering high-quality engineering, field services, and technology solutions that help power electric utilities across the Southern United States. Mayo added that as the company continues to grow, its focus remains on expanding services and innovating to support the evolving needs of the utility industry.

This year's Inc. 5000 honorees have demonstrated exceptional growth despite economic uncertainty, inflationary pressure, and a fluctuating labor market. Among the top 500 companies on the list, the median three-year revenue growth rate reached 1,552 percent, and these companies have collectively added more than 48,678 jobs to the U.S. economy over the past three years. Mike Hofman, editor-in-chief of Inc., noted that earning a spot on the list speaks volumes about a company's tenacity and clarity of vision, highlighting how these businesses thrived amid rising costs and shifting global dynamics.

For the full list, company profiles, and a searchable database by industry and location, visit https://www.inc.com/inc5000. Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024, with qualifying criteria including being U.S.-based, privately held, for-profit, and independent. The minimum revenue required for 2021 is $100,000, while for 2024 it is $2 million.