19 NH firms make Inc's rankings
MANCHESTER — Selling cellphones and body armor propelled two New Hampshire companies onto the list of fastest-growing, private companies in the United States.
Nashua’s Excell Mobil Distributors, which sells cellphones and tablets, recorded the second highest growth in New Hampshire during the past three years.
Excell saws its revenues jump by 430 percent over a three-year period to $122.2 million in 2014, according to the annual “Inc. 5000” rankings.
Success is “being able to form partnerships with both e-tailers as well as international customers to be able to provide them with the new hot item,” said Amber Logue, head of operations.
Nineteen New Hampshire companies made the Inc. magazine list, including 12 that repeated from the 2014 rankings.
RocketDrop, a wholesale distributor of consumer electronics in Salem, topped the Granite State private companies again this year. It grew by 3,577 percent to $190.3 million in 2014 revenues. RocketDrop didn’t return a message left Tuesday.
Ranked fourth on the list was Body Armor Outlet in Salem, which grew by 192 percent to $2.9 million in revenue in 2014.
President Raymond Bellia said the company is planning to add 1,200 square feet in warehouse space once it secures town approvals. Law enforcement makes up more than 70 percent of its sales.
“We’re selling something that’s saving officers’ lives,” Bellia said.
Planet Fitness, which recently launched an IPO that valued the company at more than $1.5 billion, placed ninth on the New Hampshire list with $279.8 million in revenue and a 105 percent growth rate over three years.
Logue, a Nashua native, said Excell Mobil Distributors, located in downtown Nashua on Chestnut Street, expects to hire three to five full-time employees in the next year. She said Groupon is its largest customer and that her company is negotiating to become a supplier for Target.
Some companies, based elsewhere but operating in New Hampshire, also made the list.
Secured Network Services (SNS), a leading IT services provider, rose 103 percent to $7.7 million in 2014 revenues.
The Norwood, Mass. company, which has New Hampshire offices in Manchester and Littleton, made the list for the second straight year.
“More than anything, our rapid growth and recognition on the Inc. 5000 list is a reflection of our dedicated staff, our honest and straight-forward policies and practices and strong client relationships,” said Kevin Low, founder and president, in a statement.