NEW YORK, NY -- (Marketwire) -- 09/06/12 -- For the fifth time in six years, Inc. Magazine has named TargetCast tcm (www.targetcast.com) to its Inc. 500|5000 list, an exclusive ranking of the nation's fastest growing private companies (http://www.inc.com/inc5000/profile/targetcast-tcm). TargetCast was honored for an impressive 71 percent revenue growth in the years leading up to its acquisition this March by MDC Partners.
"Though we're no longer a private company, TargetCast will always embrace an entrepreneurial and independent spirit -- we're as focused on growth now as the day we started this business," said Steve Farella, CEO of TargetCast and Maxxcom Global Media. "We're extremely honored to be recognized by Inc. again this year."
The honor comes six months after MDC Partners acquired a majority stake in TargetCast -- a testament to the agency's tremendous success after only 10 years in business. Launched in 2002 by CEO Steve Farella and President & Director of Client Services Audrey Siegel, TargetCast now operates as part of MDC's media agency division, Maxxcom Global Media. The division, led by Farella, includes agencies: R.J. Palmer, Integrated Media Solutions, Media Kitchen and Doner, as well as Varick Media Management and TradeX. It represents $3 billion in media billings, with a large percentage in digital.
The companies on this year's Inc. 500|5000 list have created over 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion. In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region and other criteria, can be found at www.inc.com/5000.
About TargetCast tcm
TargetCast is a media agency providing total communications management to strong independent brands. With best-in-class strategy, tools and implementation, TargetCast connects brands with consumers at aperture moments, driving engagement and results. The agency boasts three Adweek Media All-Stars: co-founders Steve Farella and Audrey Siegel (2010) and President of Interactive Steve Minichini (2011). Clients include Pfizer Consumer Healthcare, hotels.com, Expedia.com, New York Life Insurance and AMC TV. An MDC Partners agency, TargetCast is part of Maxxcom, a network of media agencies leveraging shared intelligence for business growth. For more information, visit www.targetcast.com and follow @Targetcasttalks.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit www.inc.com.
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