With a Two-Year Revenue Growth of 1,396%, Bancroft Capital Ranks Among Top 15 on Inc. Magazine’s 2022 List of the Northeast Region’s Fastest-Growing Private Companies
Posted: March 15, 2022
Fort Washington, PA, March 15, 2022 – Inc. Magazine today revealed that Bancroft Capital is No. 13 on its third annual Inc. 5000 Regionals: Northeast list, with a two-year revenue growth rate from 2018 to 2020 of 1,396%.
Bancroft is a certified Service-Disabled Veteran-Owned Small Business (SDVOSB) headquartered in Fort Washington, PA, specializing in Institutional Brokerage and Capital Markets services.
The Northeast list consists of 124 of the most prestigious ranking of the fastest-growing 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 region economy’s most dynamic segment– its independent small businesses.
“The companies on this list show a remarkable rate of growth across all industries in the Northeast region. Between 2018 and 2020, these 124 private companies had an average growth rate of 208% percent and, in 2020 alone, they added 5,010 jobs and nearly $2.7 billion to the Northeast region’s economy. Companies based in the New York City and Boston areas had the highest growth rate overall. “The Bancroft Capital team is honored and humbled to be included among the top fastest-growing private companies in the Northeast – growth which has allowed us to perpetuate the training of our disabled veterans through our Veteran Training Program,” said Bancroft Capital CEO Cauldon Quinn. “My deepest gratitude goes to the Bancroft team – and our clients, whose confidence in us made this win possible.”
Bancroft funnels profits, earned through hard work and extensive knowledge, toward its commitment to helping restore disabled veterans to their rightful place as leaders in our society and communities, but first and foremost as providers for their own families through its signature Veteran Training Program (VTP).
Co-founded by Quinn, a disabled Navy veteran, Bancroft places financial industry veterans with 40+ years of industry pedigree alongside military veterans to deliver value-added content to its clients; and strives to offer best-in-class service to its institutional clients across an array of financial services.
The companies on the Inc. 5000 Regionals Northeast list show a remarkable rate of growth across all industries in the Northeast region. Between 2018 and 2020, these 124 private companies had an average growth rate of 208% percent and, in 2020 alone, they added 5,010 jobs and nearly $2.7 billion to the Northeast region’s economy. Companies based in the New York City and Boston areas had the highest growth rate 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 March 15, 2022.
“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 disruptors 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,” says Scott Omelianuk, editor-in-chief of Inc.
About Bancroft Capital
Bancroft Capital, a certified Service-Disabled Veteran-Owned Small Business (SDVOSB), is the premier preferred provider of Institutional Broker-Dealer and Capital Markets services. Bancroft was founded by a disabled Navy veteran and was built upon a commitment to service: service to clients, country, veterans and first responders. A for-profit company, Bancroft rises above the competition on the merit of content and leadership derived from industry veterans with 40+ years of industry pedigree; and on the foundation of a commitment to offer meaningful training/ employment to service-disabled veterans, first responders, and military spouses through their Veteran Training Program.
More about Inc. and the Inc. 5000 Regionals
The 2022 Inc. 5000 Regional are ranked according to percentage revenue growth when comparing 2018 and 2020. To qualify, companies must have been founded and generating revenue by March 31, 2018. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2020 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 multi-platform 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 www.inc.com.