For Immediate Release
BOLD ORANGE COMPANY #2 AMONG FASTEST-GROWING PRIVATE COMPANIES IN THE TWIN CITIES METRO-AREA BY MINNEAPOLIS/ST. PAUL BUSINESS JOURNAL.
Minneapolis, MN, October 27, 2022 – The Minneapolis/St. Paul Business Journal announced today that Bold Orange Company name has been ranked No. 02 at its Fast 50 Awards reception. The rankings were published October 27, 2022. To view the complete article, click here.
The 2022 Fast 50 (49) have combined 2021 revenue of more than $1.47 billion and employ around 9,800 people. Their average revenue growth rate from 2019 to 2021 was 132.63%, with the No. 1 company posting a jump in sales of over 954% in that timeframe.
So, how did the Minneapolis/St. Paul Business Journal get this list of fast-growing companies?
Earlier this year, they sought nominations from across the Twin Cities metro area, asking companies to share their revenue numbers, as well as their financial statements with our accounting partner, EisnerAmper, previously Lurie.
To be eligible, companies had to:
- Be independently owned, privately held, for-profit businesses headquartered in the 24-county metro area;
- Have year-over-year revenue growth from the three most recently completed fiscal years;
- Have full-year revenue data from each of those years.
Financial statements from all participating companies were analyzed by accounting firm EisnerAmper, which then calculated their revenue growth from 2019 to 2021.
About Minneapolis/St. Paul Business Journal
The Minneapolis/St. Paul Business Journal is a multi-platform media company providing in-depth coverage of local business communities and breaking news reaching more than 491,000 readers each week. Through print, digital products such as its twice-a-day emailed news digests and face-to-face events, the Business Journal offers business leaders many avenues for making connections and gives them a competitive edge locally, regionally, and nationally. Visit us at mspbj.com to learn more.