Silencer Central Named To Inc. 5000 List Of Fastest-Growing Firms

Silencer Central, a leading provider of firearm suppressors, has once again been recognized by Inc. Magazine as one of the fastest-growing private firms in the United States. Silencer Central ranked second among all qualifying companies in South Dakota this year, as well as second among those in Sioux Falls, S.D. Nationally, the company placed 87th in the consumer products category on the prestigious Inc. 5000 list 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, who also received the coveted 2024 Golden Bullseye Pioneer Award earlier this year. “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.”

Inc. Magazine’s annual Inc. 5000 list provides a unique look at the independent businesses prospering within the U.S. economy. Facebook, Chobani, Under Armour, Microsoft and Patagonia were among those familiar firms to receive the honor in the past, a development that played a big role in the gaining national attention required to become household names today.

Silencer Central has solidified its reputation as a leader in the firearm industry in the last 19 years. Its focus on unparalleled expertise, compliance and customer education in suppressors has allowed it to maintain a high standard of quality and service, making it one of the largest suppressor dealers and manufacturers in the nation. The company made Inc. 5000 list in 2022, claiming the 1309th slot. 

The 2024 Inc. 5000 list ranks businesses based on percentage of revenue growth from 2020 to 2023. To be eligible, the companies must have been founded and generated revenue by March 31, 2020. The firms must be U.S.-based, privately held, for-profit and independent—not divisions or subsidiaries of other companies—as of Dec. 31, 2023 (some on the list may have gone public or been acquired since then, however). The minimum revenue required for 2020 was $100,000, with the minimum for 2023 $2 million. A complete list of Inc. 5000 honorees can be found here.