Revenue is up across our list of New York's largest privately held companies

Crain’s exclusive list of the largest privately held companies in New York is back, featuring 100 businesses ranked by 2023 revenue.On average, these companies saw revenue jump 15% from 2022 to 2023. Last year’s median revenue likewise increased about 15%, up to nearly $660 million.Combined, these companies added about $208.9 billion in revenue to the local economy last year, and currently employ over 171,000 workers.The construction, architecture and engineering sector leads the list with 23 companies, averaging nearly an 18% increase in revenue last year. Among these businesses, STO Building Group (No. 4), a construction management and general contracting company, is far ahead of the rest with $11.1 billion, up about 7% from 2022.The business services industry follows with 14 companies, averaging a modest 2.2% uptick from 2022. Standard Industries (No. 5), which spans sectors from logistics to real estate, leads this pack with $11 billion in revenue.And the food and beverage industry features the third most companies, with nine businesses reporting an average 2% increase in revenue. Bowery Farming (No. 26), a vertical farming and digital agriculture company, leads this sector with $2 billion.Across the list, Wiz (No. 40 with $1 billion), a cloud security platform, saw the greatest swell in revenue from 2022, an impressive 400% according to data from PitchBook.Meanwhile, Trammo Inc. (No. 19 with $3.1 billion), a commodity merchandising, distribution and transportation... Continue reading at 'Crains New York'

[ Crains New York | 2024-11-18 11:03:10 UTC ]

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[ Advertising Age | 2019-08-12 17:35:00 UTC ]
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