SAN DIEGO, CA (August 23, 2007) – Bridgepoint Education, an independent private education company focused on delivering quality and affordable higher education to students in online and traditional classes, was named the seventeenth fastest growing company, in Inc. magazine’s 2007 Inc. 500 ranking. With revenue growth of 4,215% over the past three years, Bridgepoint was ranked #1 in the Education sector, and named the fastest growing private company in the city of
“This is an incredible honor for us at Bridgepoint Education and is only the beginning of our strong and sustainable growth strategy. We’ve built our firm on an ethos of acquiring and developing quality educational properties and entities while retaining originality and uniqueness. This great award underscores that vision,” said Andrew Clark, CEO of Bridgepoint Education. “Companies like Microsoft, Oracle, Intuit and others were featured on this list in their early days and we are inspired by them, as well as the other masters-of-industry featured alongside of us this year,” he added.
Mimi Strouse, a Managing Director of Warburg Pincus, the global private equity firm, and member of the Bridgepoint Board of Directors said: “When we met the company’s management team, they stood apart as an innovator in a crowded higher education sector. This is a tremendous accolade for Bridgepoint and we are proud to see public acknowledgement of a company that is on a strong growth trajectory.”
Bridgepoint will be honored at an awards ceremony in September, featuring Nobel Prize winner Dr. Edmund Phelps, and Intuit founder and Inc. 500 alumni Scott Cook.
About Bridgepoint Education
Bridgepoint Education’s mission is to acquire, develop and operate global organizations providing industry-leading higher education-related services, with superior leadership, reputation, brands, and investment performance. Bridgepoint was founded on the principle that anyone who is academically prepared deserves access to an affordable higher education without sacrificing quality, transferability of credits, accessibility, academic standards, or credentials. Our comprehensive education services have helped thousands of students improve their lives and careers through higher education. For more information, please visit us at www.bridgepointeducation.com or contact: Jessica Caris, Director of Public Relations, at 800.798.0584 Ext 2515.