ACP Direct is Honored by Inc. Magazine for Continued Growth and Success
309.2% Three Year Growth
REVENUE: $6.0 Million EMPLOYEES: 15
FOUNDED: 2002 Carrollton, TX
Ranked No. 18 in the Top Companies in Education
Ranked No. 35 in the Top Companies in Dallas-Fort Worth-Arlington, TX
What it does: Sells furniture, equipment, and supplies to public and private schools.
Why it’s growing: Student enrollments are increasing, and this growth necessitates increased
spending. In 1990, local, state, and federal government spending totaled $248 billion for
public schools; by 2005 it was $536 billion.
What’s noteworthy: The company specializes in
niche products designed primarily for use in the education and training markets. It currently
does business with more than half of the K-12 districts and schools in the U.S.
Company Profile Entrepreneur Chuck Morris, a veteran in the educational market, founded
the company in 2002. The education market is unlike any other, with unique purchasing
patterns, funding sources and product and service needs. He knew many small and medium
sized schools and districts were frustrated with the “high regular price - low bid price”
strategy used by others servicing the market. It is too time consuming and expensive to go
through a formal bid process for most purchases. This process is especially burdensome on
smaller districts that do not employ purchasing staff. Morris’s idea was simple – focus on
schools, and offer a targeted and diverse mix of consistently fair priced products. By focusing
on the needs of all institutions, regardless of size, they have built a loyal and growing account
base of educators of all types. Their rapid and sustained growth is a testimony to this fact.
ACP Direct has evolved their product offering of computer and audio-visual related products.
Today they offer a much wider variety of products including a major expansion of classroom
and school furniture lines.
The company is also introducing niche products to the religious
and early childhood markets as well. Morris says these markets are closely related as many
churches also have affiliated schools and daycares and the public sector are increasingly
more involved with early childhood programs for preschool age children.
The company, over the years, has built strong vendor relationships with well known major
brands. They have also developed and manufactured proprietary products to meet specific
needs unique to their market.
Since the company’s success was recognized in the Inc. 5000, they have continued to grow
at a rapid pace. Management estimates the company’s expanded product offerings and
growth momentum will easily push revenues past the 11 million dollar mark in 2008.
View our page at inc.com
|