Spartan Investment Group Honored By Inc. 5000 For Fifth Consecutive Year

Spartan Investment Group, a Colorado-based privately held real estate investment firm specializing in the self-storage industry, has been ranked 324 on the 2024 Inc. 5000, an annual list of the fastest-growing private companies in America. This marks the fifth consecutive year Spartan has earned this prestigious ranking, solidifying its position amongst the most successful companies in the nation's dynamic business landscape and reinforcing its sustained growth and resilience in the face of a challenging economy. 

“Earning a spot on the Inc. 5000 is a testament to the relentless effort and dedication of our entire team," said Ryan Gibson, President and CIO at Spartan. "In an industry as competitive as self-storage, our ability to adapt and innovate has been key to our sustained growth and success. This recognition strengthens our resolve to consistently deliver exceptional value to our investors by providing valuable investments that allow them to create lasting wealth.” 

The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressures, rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637%. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years. 

Over the past year, Spartan has advanced its growth agenda by breaking ground on new facilities in Florida and Washington while acquiring key properties in the Pacific Northwest, South Carolina, Texas and Georgia. A highlight is the Pacific Northwest Trio acquisition, where Spartan raised $22 million in equity in just 45 days, underscoring investor confidence in the company’s strategy. Moving forward, Spartan is set to deliver over 435,000 square feet of new net rentable storage space, complementing recent acquisitions of more than 528,000 square feet. 

For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com, and the top 500 appear in the new issue of Inc. magazine, available on newsstands now. 

About Spartan Investment Group

Founded in 2014 and based in Golden, Colorado, Spartan Investment Group is a privately held real estate investment firm specializing in the self-storage industry. With an unwavering commitment to creating value through values, Spartan’s network of over 5K investors have raised $450M+, to acquire nearly 60 facilities totaling 30K+ units and $500M AUM across the United States—all in under a decade.   

About Inc.  

Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.  

Inc. 5000 Methodology  

Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.