Companies on the 2023 Inc. 5000 Regionals: Northeast list had an average growth rate of 450 percent.
MIDDLETOWN, Conn., Feb. 28, 2023 /PRNewswire-PRWeb/ -- Inc. Magazine revealed today that Charles IT is No. 165 on its third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing Northeast private companies, based in Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Northeast economy's most dynamic segment–its independent small businesses.
"Most people have joined Charles IT to grow. They want to increase their position and further develop in their careers. As we continue to expand, we ensure that our people have the opportunity for continued upward momentum, which in turn allows us to deliver exceptional service and create those wow moments with our clients." Said Foster Charles, Founder & CEO of Charles IT
The companies on this list show a remarkable growth rate across all industries in the Northeast region. Between 2019 and 2021, these 169 private companies had an average growth rate of 450 percent, and in 2021 alone, they added 12,066 jobs and nearly $4.4 billion to the Northeast region's economy. Companies based in the New York and Boston areas had the highest growth rates overall.
Complete results of the Inc. 5000 Regionals: Northeast, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at inc.com/northeast starting February 28, 2023.
"This year's Inc. 5000 Regional winners represent one of the most exceptional and exciting lists of America's off-the-charts growth companies. They're disrupters and job creators, and all delivered an outsize impact on the economy. Remember their names and follow their lead. These are the companies you'll be hearing about for years to come," said Scott Omelianuk, editor-in-chief of Inc. magazine.
Charles IT is the Northeast's compliance expert, headquartered in Middletown, Connecticut, with a second location in Stamford, Connecticut. As a managed service provider (MSP), Charles IT specializes in compliance, including SOC 2, HIPAA, DFARS, CMMC 2.0, SEC, and NIST CSF, in addition to its IT support, security, and service offerings. With a human-first focus, Charles IT values knowing client teams just as well as they know their technology, allowing the MSP to find the right solutions that take clients from functioning to flourishing.
More about Inc. and the Inc. 5000 Regionals
Methodology
The 2023 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2019 and 2021. To qualify, companies must have been founded and generating revenue by March 31, 2019. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2021 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent.
The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
Media Contact
Betta Greenberg, Charles IT, 1 8603449628, [email protected]
SOURCE Charles IT
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