Update 8/19/22 – Spartan has once again been named to “Inc.” magazine’s list of 5,000 fastest-growing private companies for 2022, ranking at No. 128. The firm’s three-year growth trajectory hit 3,539% this year, according to a press release.

“We are thrilled to make the ‘Inc.’ 5000 list for the third year in a row and continue to grow at a pace we are extremely proud of,” said Ryan Gibson, co-founder and chief information officer. “A testament to this growth includes the launch of our first self-storage fund this year, which wouldn’t have been possible without our amazing Spartan team’s hard work and dedication.”

In April, Spartan launched Spartan Storage Fund 1, a $150 million investment vehicle that seeks to acquire underperforming self-storage properties in secondary and tertiary U.S. markets. Fund 1 is open to accredited investors, with a required minimum investment of $50,000. The company made its first acquisition in July.

9/4/21 – Spartan Investment Group LLC (SIG), a self-storage development, property-management and real estate firm that operates the FreeUp Storage brand, has been named to “Inc.” magazine’s list of 5,000 fastest-growing private companies for 2021. It ranked No. 166 overall and No. 5 in the Real Estate category, according to a press release.

This was the second year in a row SIG made the list. Last year, the company ranked No. 308 overall and was the eighth fastest-growing real estate firm. It’s achieved 2,543% revenue growth over the last three years, the release stated.

“It’s truly amazing to have a team that has enabled us to grow at a rate of about 800% per year over the last three years, and I don’t see us stopping anytime soon,” said Scott Lewis, CEO of SIG.

The annual Inc. 5000 list identifies the private companies with “the most proven track records,” ranked by revenue growth. Companies on the 2021 list account for $248 billion in revenue, according to inc.com.

SIG ranked just behind IT-solutions company ReMedi Health Solutions and ahead of culinary retailer Cameron Seafood Online. Work-placement firm Human Bees ranked No. 1 with 48,345 percent growth. Rounding out the top five were health-care, life-insurance, marijuana-dispensary and financial-services firms.

Founded in 2013 and based in Golden, Colo., SIG syndicates investor capital to develop real estate. The company owns 14 self-storage facilities in five states. Its interests also include luxury condos and RV parks.

Source:
Inc., Inc. 5000 2021