PBN Fastest Growing Companies 2022
4. $25 MILLION to $75 MILLION: Purvis Systems Inc.
CEO (or equivalent): Joseph Drago
2021 revenue: $44.9 million
2019 revenue: $29.7 million
Revenue growth: 51.2%
A SERIES OF STRATEGIC INVESTMENTS over the last five years is paying off for Purvis Systems Inc., a Middletown-based technology solutions partner that develops, implements and maintains mission-critical solutions for federal and local governments.
Rick Foster, vice president of business development and marketing, said those investments were made in the areas of process improvements, customer support, product enhancements and business development. The goal of these investments, he said, was to enhance the high level of service to the company’s clients, as well as create new opportunities for employees and better position Purvis for future growth and expansion.
The result was a 51.2% increase in revenue last year compared with 2019.
“We are motivated by challenges, with an ability to succeed where others can’t,” Foster said. “We’re large enough to be trusted by the U.S. Department of Defense, National Institutes of Health and some of the nation’s most sophisticated public safety organizations, yet we’re small enough to be nimble and flexible.”
