HTeaO, America’s largest iced tea franchise, ranked No. 59 on Inc. magazine’s fourth annual Inc. 5000 Regionals Southwest list, the most prestigious ranking of the fastest-growing private companies based in Arizona, New Mexico, Oklahoma, and Texas. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southwest economy’s most dynamic segment–its independent small businesses.


The Inc. Regionals recognizes additional up-and-coming fast-growth companies in key regions across the country. HTeaO was one of 166 companies recognized for its two-year revenue growth from 2019 to 2021 and southwest expansion. HTeaO experienced a Two-Year Revenue Growth of 240 Percent.


“Growing regionally has always been our strategy to test, perfect, and enhance our business model as we bring it to more communities across the United States,” said Andrew Hawes, Chief Development Officer of HTeaO. “We’re honored that our expansion has been recognized by Inc. Magazine for our efforts expanding across the southwest region.”


The companies on this list show a remarkable rate of growth across all industries in the Southwest region. Between 2019 and 2021, these 166 private companies had an average growth rate of 557 percent and, in 2021 alone, they added 16,116 jobs and nearly $5.5 billion to the Southwest region’s economy. Companies based in the Austin, Scottsdale and Fort Worth areas had the highest growth rates overall.