July 2004

Mead & Hunt Named Fastest-Rising in Nation

As a result of strategic decisions and successful implementation of their acquisition plan, Mead & Hunt grew to become the 22-ranked firm on The Zweig Letter Hot firm 2004 List, the fastest-rising firm on the list, moving up 35 spots from its number 57 ranking on the 2003 list.

The Zweig Letter Hot Firm 2003 List identifies the 100 fastest growing architectural, engineering, planning, (A/E/P) and environmental consulting firms in the country.  The ranking is based on an equal weighting of percentage revenue growth and dollar revenue growth from 2000 to 2003.

In 1994, Mead & Hunt had 130 employees and generated about $10 million billings.  The firm’s strategic plan called for it to become a $30 million company by 2010.  But after generating nearly $31 million in revenue in 2003 and employing about 275, it appears those goals were not ambitious enough.  Through firm acquisitions, Mead & Hunt has added five offices and nearly 80 employees.

“In every single acquisition but one, all of the employees who came with the firm we acquired are still with us,” Sheth said.  “We look for firms with a corporate culture similar to ours and we work hard to make this a great place to work.” Late in 2003, Mead & Hunt was recognized as one of the best engineering companies to work for in the nation by CE News. CE News is the leading business magazine serving the civil engineering market

Mead & Hunt, an Engineering News Record’s Top 500 design firm provides professional services in the fields of historic preservation, architecture, infrastructure engineering, transportation engineering, and water resource engineering to clients throughout the US.  Founded in 1900, Mead & Hunt, an employee-owned company.