Inc. Magazine has again recognized Silencer Central—a leading provider of firearm suppressors—as one of the fastest-growing private companies in the United States. This year, Silencer Central achieved the ranking of second among companies in South Dakota and second in Sioux Falls, SD, on the annual Inc. 5000 list. Nationally, the company placed 87th in the consumer products category and secured the 1,339th spot overall.
“It is an incredible honor to be recognized on the Inc. 5000 list, especially as one of the top companies in South Dakota and Sioux Falls,” said Brandon Maddox, CEO of Silencer Central. “This achievement is a testament to the dedication and hard work of our entire team, as well as the unwavering support of our customers. We are committed to continuing our growth and delivering innovative products that meet the needs of our customers across the country.”
The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—independent businesses. Companies like Facebook, Chobani, Under Armour, Microsoft and Patagonia first gained national recognition as honorees on this prestigious list.
Over the past 19 years, Silencer Central has solidified its reputation as a leader in the firearm industry, offering unparalleled expertise, compliance and customer education in suppressors. The company’s focus on them has allowed it to maintain a high standard of quality and service, making it one of the largest Class 3 dealers in the nation.
Companies on the 2024 Inc. 5000 list are ranked based on their percentage revenue growth from 2020 to 2023. To be eligible, the firms 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 Dec. 31, 2023 (since then, some on the list may have gone public or been acquired). Minimum revenue required for 2020 was $100,000, while the minimum for 2023 rose to $2 million. Inc. reserves the right to decline applicants for subjective reasons, and growth rates used to determine rankings were calculated to four decimal places. Inc. 5000 honorees can be found here.
