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Fast-growing NJ companies make 2023 Inc. 5000 Regionals list
Jessica Perry//March 9, 2023
With 169 companies from the region ranked on the 2023 Inc. 5000 Regionals: Northeast list, 25 of those fast-growing businesses hail from New Jersey.
Inc. released its third annual list – an extension of the annual Inc. 5000 – of private businesses on the upswing March 8. The assessment features 1,125 companies from across the U.S. divided into regional snapshots of the Southeast, Midwest, Pacific, Southwest, Mid-Atlantic, Rocky Mountain and Northeast. Altogether, the businesses represent $64 billion in total revenue and 109,125 added jobs, according to Inc.
The Northeast contingent includes companies based in Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. Of all the regions, it posted the highest median growth rate, at 208%, followed by the Southwest with 188% median growth. When it came to total revenue and the number of jobs added, the Northeast was second to last for both categories.
The Southeast added the most regional positions (25,844), while the Midwest had the highest total revenue ($22.9 billion).
Businesses with Garden State roots posted median growth of 188%, $353 million in total revenue and 656 jobs added. Of the companies included in the ranking, zero were newly founded and six have been featured in prior iterations.
Home décor retailer Mama’s Junk Co. of Vineland was the highest-ranked company from the Garden State, coming in at No. 24 on the 2023 Inc. 5000 Regionals: Northeast list with 840% growth.
The Inc. 5000 Regionals: New Jersey companies
No. 24 Mama’s Junk Co., Vineland
Retail
No. 31 GN Management Inc., Jersey City
Construction
No. 34 STAFFWORXS LLC, Edison
IT services
No. 39 Bektek, Hackensack
Business Products & Services
No. 52 Apprentice FS Inc., Jersey City
Software
No. 54 Semperis, Hoboken
Security
No. 58 The Megawatt Group LLC, Cherry Hill
Energy
No. 65 RMG Erectors & Constructors LLC, Sewell
Construction
No. 66 Flybar Inc., Piscataway
Consumer Products
No. 76 BeaconFire Solution Inc., East Windsor
IT Services
No. 83 Bubbakoo’s Burritos, Wall
Food & Beverage
No. 85 S&S Brokerage Inc., Iselin
Logistics & Transportation
No. 90 AGM TECHSOLUTIONS LLC, Freehold
Human Resources
No. 95 ParaFlight/OrganFlights.com, Lakewood
Logistics & Transportation
No. 96 Vytalize Health, Hoboken
Health Services
No. 103 Salvation Wellness, Jersey City
Health Services
No. 111 ERPMARK INC., Princeton
IT Services
No. 114 HR Acuity, Florham Park
Human Resources
No. 121 Barten Bros Junk Removal, Point Pleasant Borough
Construction
No. 122 RelPro Inc., Short Hills
Software
No. 127 QRY, Jersey City
Advertising & Marketing
No. 141 Trinity Packaging Supply, Voorhees
Business Products & Services
No. 144 TellMed Strategies Inc., Flemington
Advertising & Marketing
No. 162 AccuTitle, Ship Bottom
Real Estate
No. 167 BERGERCPAFIRST LLC, Elmwood Park
Financial Services
To determine the 2023 rankings, Inc. examined participants’ revenue growth from the preceding two-year period. Eligible applicants must be U.S. based, privately held, for-profit and independent (not subsidiaries or divisions of other companies); have generated revenue by March 31, 2019; have generated at least $100,000 in revenue in 2019; gave generated $1 million in revenue in 2021; and have 2021 revenue exceeding revenue in 2019. Inc. also said it reserves the right to decline applicants for subjective reasons.
Editor’s note: Inc. included construction company EDG at No. 151 in its list of ranked New Jersey companies. However, the city listed appears as New York, and that company’s website also indicates it is based in New York. Inc. did not return a request for comment requesting further clarification so EDG is not included in the list of New Jersey companies in this post.
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