REI Utility Services Named to Inc. 5000 List of America's Fastest-Growing Private Companies

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REI Utility Services Named to Inc. 5000 List of America's Fastest-Growing Private Companies

PR Newswire

With Three-Year Revenue Growth of 180 Percent, This Marks REI Utility Services' 1st Time on the List

ATHENS, Texas, Aug. 28, 2025 /PRNewswire/ -- Inc., the leading media brand and playbook for the entrepreneurs and business leaders shaping our future, recently announced that REI Utility Services is No. 2,355 on the annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list provides a data-driven snapshot of the most successful companies within the economy's most dynamic segment—its independent, entrepreneurial businesses. Past honorees include companies such as Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, and Patagonia.

"Our growth directly reflects the trust our utility partners place in us and the dedication of our team," said Mitchell Mayo, Chief Executive Officer of REI Utility Services. "Being named to the Inc. 5000 list is an honor that validates our mission of delivering high-quality engineering, field services, and technology solutions that help power electric utilities across the Southern United States. We're just getting started. As we continue to grow, our focus remains on expanding our services and innovating to support the evolving needs of the utility industry."

This year's Inc. 5000 honorees have demonstrated exceptional growth while navigating 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 those companies have collectively added more than 48,678 jobs to the U.S. economy over the past three years.

For the full list, company profiles, and a searchable database by industry and location, visit: www.inc.com/inc5000.

"Making the Inc. 5000 is always a remarkable achievement, but earning a spot this year speaks volumes about a company's tenacity and clarity of vision," says Mike Hofman, editor-in-chief of Inc. "These businesses have thrived amid rising costs, shifting global dynamics, and constant change. They didn't just weather the storm—they grew through it, and their stories are a powerful reminder that the entrepreneurial spirit is the engine of the U.S. economy."

About REI Utility Services
REI Utility Services is a leading engineering and field services firm headquartered in Athens, Texas, serving electric utilities across the Southern United States. The company provides comprehensive solutions in power distribution engineering, substation testing and commissioning, joint use management, and other specialized field services for generation, substation, transmission, and distribution assets.

Methodology
Companies on the 2025 Inc. 5000 are ranked according to percentage revenue growth from 2021 to 2024. To qualify, companies must have been founded and generating revenue by March 31, 2021. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2024. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2021 is $100,000; the minimum for 2024 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons.

About Inc.
Inc. is the leading media brand and playbook for the entrepreneurs and business leaders shaping our future. Through its journalism, Inc. aims to inform, educate, and elevate the profile of its community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating the future of business. Inc. is published by Mansueto Ventures LLC, along with fellow leading business publication Fast Company. For more information, visit www.inc.com.

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SOURCE REI Utility Services