Richard Dominates Illinois Construction Rankings on Inc. 5000, Claims #1 in Employee Growth and #2 Overall
FOR IMMEDIATE RELEASE Chicago, IL - August 12, 2025 - Richard, a leading purpose-driven general contractor, has been recognized on Inc. Magazine's prestigious 2025 Inc. 5000 list of America's fastest-growing private companies ranking 1,475, achieving a remarkable three-year growth of 295% in 2024 while securing multiple top rankings within the Illinois' construction sector.
Richard has claimed the #2 position among Illinois' fastest-growing construction companies, while simultaneously earning the #1 ranking for employee growth at 396% among construction companies in the state. Additionally, the company distinguished itself as the fastest-growing construction company in Illinois within the $100-250 million revenue range, highlighting its exceptional performance across multiple growth metrics.
"Six consecutive years on the Inc. 5000 with 35% growth year over year alone—this is what happens when you put people first," said Jed Richard, CEO. "Being #2 in overall Illinois construction growth while ranking #1 in employee growth in Illinois construction proves our purpose-driven culture isn't just good for our team, it's great for business."
The Inc. 5000 ranks companies based on their percentage revenue growth over three years, with this year's honorees demonstrating exceptional resilience amid economic uncertainty. Richard's sustained performance reflects consistent growth, with the company achieving 295% revenue growth over the past three years. Richard's multiple state-level rankings underscore its position as a dominant force in Illinois construction, driven by meticulous attention to detail, uncompromising quality standards, and purpose-driven building practices that create lasting impact for communities.
The 2025 Inc. 5000 list honors companies based on their percentage revenue growth over three years, from 2021 to 2024, with this year's honorees demonstrating exceptional resilience amid economic uncertainty. Companies must be U.S.-based, privately held, for-profit, and independent to qualify, with minimum revenue requirements of $100,000 for 2021 and $2 million for 2024. All honorees undergo Inc.'s rigorous editorial review process to ensure accuracy and transparency.
For the complete 2025 Inc. 5000 rankings, visit: https://www.inc.com/inc5000
About Richard Established in 2014, Richard is a nationally recognized, purpose-driven general contracting company headquartered in Chicago, IL. Founded by veteran Jed Richard, the award-winning company is known for building efficient and dynamic spaces that advance community, sustainability, and well-being nationwide. Now operating across 18 states with over 180 full-time construction management and craft professionals, Richard has more than doubled in size since 2022. By prioritizing a people-first culture, Richard has consistently earned top industry recognition, including multi-year honors from both Inc. and Crain's Chicago Business as one of the Fastest Growing Companies and Best Places to Work—making it the only Illinois construction company to receive this dual honor. Since its founding, Richard has delivered transformative projects including patient care facilities, mission-critical data centers, electronic healthcare upgrades, governmental rehabilitation projects, and water treatment centers. As the 3rd largest builder of Department of Veterans Affairs hospitals in the country, Richard combines unmatched attention to speed, simplicity, and safety with deep expertise, ensuring the communities we serve can work, heal, live, and thrive better than ever before.
Media Contact: media@richardgroup.com