PBN’s 2017 Fastest-Growing & Innovative Companies feted

THREE HUNDRED of the region's business leaders attended PBN's sixth Fastest-Growing & Innovative Companies event Sept. 19 at the Crowne Plaza Providence Warwick.
THREE HUNDRED of the region’s business leaders attended PBN’s sixth Fastest-Growing & Innovative Companies event Sept. 19 at the Crowne Plaza Providence Warwick.

WARWICK – Builders, makers of maternal supplements, home loan providers, a nonprofit that supplies inexpensive mobile internet access and digitally-supercharged employment services were among the 30 local companies honored Tuesday evening at the sixth Fastest-Growing & Innovative Companies event, held at the Crown Plaza Providence Warwick.

Three hundred business leaders from Rhode Island and Bristol County, Mass., gathered to network and recognize companies that showed superior growth from 2014 to 2016 as well as those that were judged to have created innovative products and services, or engaged in innovative business practices. The fastest-growing companies were split into four revenue categories and ranked by growth percentage.

The 2017 Fastest-Growing Companies (listed in order with their revenue growth percentage, grouped based on fiscal 2016 revenue):

$250,000 to $5 million

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  1. Premama, 546%
  2. Building Enclosure Science, 331%
  3. Predicata, 197%
  4. Technology Therapy Group LLC, 83%
  5. RE/MAX Flagship, 83%

$5 million to $25 million

  1. Life Wear Technologies Inc., 529%
  2. ChartWise Medical Systems Inc., 143%
  3. Qualified Resources International Inc., 53%
  4. Envision Technology Advisors, 51%
  5. Site Specific LLC, 49%

$25 million to $75 million

  1. ParsonsKellogg, 59%
  2. Sea (Systems Engineering Associates) Corp., 26%
  3. Kahn, Litwin, Renza & Co. Ltd., 23%
  4. John Matouk & Co., 22%
  5. BankNewport, 19%

$75 million and above

  1. Embrace Home Loans, 69%
  2. Blount Fine Foods, 61%
  3. The Claflin Co., 33%
  4. Shawmut Design and Construction, 32%
  5. Gilbane Inc., 28%

The 2017 Innovation winners, selected for having a product or process that had a significant impact, are listed alphabetically by category:

  • Architecture, construction and engineering: Shawmut Design and Construction
  • Biotechnology and life sciences: BI Medical LLC
  • Education: Bryant University
  • Energy and the environment: PowerDocks LLC
  • Health care: Rhode Island Quality Institute
  • IT services: Envision Technology Advisors
  • Manufacturing: AVTECH Software Inc.
  • Nonprofits: Mobile Beacon
  • Professional services: Citrin Cooperman
  • Technology: Gulpfish

This year’s presenting sponsor was CBIZ MHM. Partner sponsors were The Beacon Mutual Insurance Co., Cox Business, Embrace Home Loans, Hilb Group of New England, and Partridge, Snow & Hahn LLP.