MSP 501 Fast-Growth List: Revved-Up Revenue
Meet the 52 MSPs from the 2023 MSP 501 with the highest total revenue increases in 2022.
September 1, 2023
![fast-growth list fast-growth list](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/bltdbe7259679ff81dc/654a6dd1639dea040a3a95f9/Fastest-growing_1000x667_2023.jpg?width=700&auto=webp&quality=80&disable=upscale)
teerayuth oanwong/Shutterstock
Location: Oldsmar, FL
Ranking Within MSP 501: 276
2022 Ranking: 501
Revenue Growth Rate: 50%
Location: Osborne Park, Australia
Ranking Within MSP 501: 402
2022 Ranking: N/A
Revenue Growth Rate: 50%
Location: Sherbrooke, QC
Ranking Within MSP 501: 109
2022 Ranking: 197
Revenue Growth Rate: 51%
Growth includes M&A
Location: Houston, TX
Ranking Within MSP 501: 57
2022 Ranking: 214
Revenue Growth Rate: 51%
Growth includes M&A
CATS Technology Solutions Group
Location: East Brunswick, NJ
Ranking Within MSP 501: 11
2022 Ranking: 98
Revenue Growth Rate: 51%
Location: Edmonton, AB
Ranking Within MSP 501: 482
2022 Ranking: N/A
Revenue Growth Rate: 51%
Location: Cranbury, NJ
Ranking Within MSP 501: 35
2022 Ranking: 279
Revenue Growth Rate: 52%
Growth includes M&A
Rudick Innovation and Technology
Location: Dallas, TX
Ranking Within MSP 501: 19
2022 Ranking: 212
Revenue Growth Rate: 52%
Location: San Francisco, CA
Ranking Within MSP 501: 444
2022 Ranking: 490
Revenue Growth Rate: 53%
Location: New York, NY
Ranking Within MSP 501: 68
2022 Ranking: N/A
Revenue Growth Rate: 53%
Growth includes M&A
Location: Ontario, OH
Ranking Within MSP 501: 135
2022 Ranking: 281
Revenue Growth Rate: 53%
Growth includes M&A
Location: Toronto, ON
Ranking Within MSP 501: 356
2022 Ranking: 184
Revenue Growth Rate: 54%
Growth includes M&A
Location: Brighton, UK
Ranking Within MSP 501: 192
2022 Ranking: N/A
Revenue Growth Rate: 55%
Growth includes M&A
Location: Plymouth, MA
Ranking Within MSP 501: 134
2022 Ranking: N/A
Revenue Growth Rate: 56%
Location: Austin, TX
Ranking Within MSP 501: 425
2022 Ranking: 163
Revenue Growth Rate: 57%
Location: Des Moines, IA
Ranking Within MSP 501: 313
2022 Ranking: 7
Revenue Growth Rate: 57%
Growth includes M&A
Location: Reading, PA
Ranking Within MSP 501: 51
2022 Ranking: 40
Revenue Growth Rate: 58%
Growth includes M&A
Location: Richardson, TX
Ranking Within MSP 501: 5
2022 Ranking: N/A
Revenue Growth Rate: 66%
Location: Brecksville, OH
Ranking Within MSP 501
2022 Ranking: 105
Revenue Growth Rate: 69%
Location: Missoula, MT
Ranking Within MSP 501: 471
2022 Ranking: 216
Revenue Growth Rate: 70%
Growth includes M&A
Location: Dublin, OH
Ranking Within MSP 501: 375
2022 Ranking: N/A
Revenue Growth Rate: 71%
Location: London, UK
Ranking Within MSP 501: 73
2022 Ranking: 9
Revenue Growth Rate: 74%
Growth includes M&A
Location: Middletown, CT
Ranking Within MSP 501: 76
2022 Ranking: 176
Revenue Growth Rate: 74%
Growth includes M&A
Location: Napa, CA
Ranking Within MSP 501: 334
2022 Ranking: 305
Revenue Growth Rate: 74%
Growth includes M&A
Location: Calgary, AB
Ranking Within MSP 501: 432
2022 Ranking: N/A
Revenue Growth Rate: 76%
Growth includes M&A
Location: Colorado Springs, CO
Ranking Within MSP 501: 437
2022 Ranking: 295
Revenue Growth Rate: 78%
Location: London, UK
Ranking Within MSP 501: 328
2022 Ranking: 248
Revenue Growth Rate: 80%
Growth includes M&A
Location: Santa Clara, CA
Ranking Within MSP 501: 2
2022 Ranking: 17
Revenue Growth Rate: 82%
Location: San Antonio, TX
Ranking Within MSP 501: 84
2022 Ranking: N/A
Revenue Growth Rate: 87%
Growth includes M&A
Location: Downers Grove, IL
Ranking Within MSP 501: 27
2022 Ranking: 465
Revenue Growth Rate: 93%
Growth includes M&A
Location: Houston, TX
Raking Within MSP 501: 29
2022 Ranking: 91
Revenue Growth Rate: 93%
Growth includes M&A
Location: San Diego, CA
Ranking Within MSP 501: 117
2022 Ranking: N/A
Revenue Growth Rate: 96%
Growth includes M&A
Location: Shellharbour, Australia
Ranking Within MSP 501: 168
2022 Ranking: 69
Revenue Growth Rate: 100%
Growth includes M&A
Location: Pittsburgh, PA
Ranking Within MSP 501: 241
2022 Ranking: N/A
Revenue Growth Rate: 101%
Growth includes M&A
Location: Blue Bell, PA
Ranking Within MSP 501: 436
2022 Ranking: N/A
Revenue Growth Rate: 102%
Growth includes M&A
Location: Foxboro, MA
Ranking Within MSP 501: 21
2022 Ranking: 50
Revenue Growth Rate: 103%
Growth includes M&A
Location: Arlington, TX
Ranking Within MSP 501: 475
2022 Ranking: N/A
Revenue Growth Rate: 121%
Location: Vernon Hills, IL
Ranking Within MSP 501: 10
2022 Ranking: 474
Revenue Growth Rate: 132%
Growth includes M&A
Location: Madison, WI
Ranking Within MSP 501: 130
2022 Ranking: 243
Revenue Growth Rate: 145%
Growth includes M&A
Intelligent Technical Solutions
Location: Las Vegas, NV
Ranking Within MSP 501: 147
2022 Ranking: 242
Revenue Growth Rate: 149%
Growth includes M&A
Intelligent Technical Solutions
Location: Las Vegas, NV
Ranking Within MSP 501: 147
2022 Ranking: 242
Revenue Growth Rate: 149%
Growth includes M&A
Welcome to the MSP 501 Fast-Growth List of managed service providers with the highest total revenue increases in 2022, the year the survey covered.
Security solutions drove the growth of almost every MSP during the last 18 months. But these 52 MSPs took growth to the next level by implementing a slew of unique, smart and innovative initiatives. Those include adding new services, quickly adjusting business models to address an increase in remote work, fine tuning strategic operations, shifting valued employees to key roles, formalizing hiring processes to find the right candidate in a tight labor market, and buying companies to fit a missing piece of the puzzle.
Speaking of M&A, for the first time we break down the master list into two sub-groups: those that grew through the help of M&A and those that grew organically. Cinch I.T. based in Worcester, Massachusetts, for example, was a bit of a unique MSP on the list in that company grew from an increase in demand for hot solutions and through the power of its 13 franchisees across the county.
![Cinch I.T.'s Anthony Archambault Cinch I.T.'s Anthony Archambault](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/blt7c9f6fbcf8c6647c/654a7399741b28040a1ddcc6/Archambault_Anthony_Cinch_IT_135x180_2023.png?width=133&auto=webp&quality=80&disable=upscale)
Cinch I.T.'s Anthony Archambault
Anthony Archambault, the company’s director of customer success, does not see that growth slowing down anytime soon.
“We certainly saw substantial growth when it came to cybersecurity and supporting a remote workforce,” said Archambault, whose company ranked 394 on the MSP 501 and 36 on the Fast-Growth. “Those solutions continue to evolve to more of a cloud-based infrastructure versus local because less dependency on having a headquarters or physical office environment.”
In the coming months, we’ll feature in-depth case studies from the Fast-Growth MSPs who’ll illustrate the moves they made and the paths they took to reach the top. Anyone interested in applying for Channel Futures MSP 501 ranking can sign up here for notifications on the availability of the 2024 application form. Meanwhile, congratulations to all of the MSPs who worked incredibly hard to make the list. Your participation means as much to us as the awards mean to you and your employees.
![Verinext's Brian Glahn Verinext's Brian Glahn](https://eu-images.contentstack.com/v3/assets/blt10e444bce2d36aa8/blt4aeb5b240e2cac57/654a74184e08c0040733ccfa/Glahn_Brian_Verinext_135x180_2023.jpg?width=NaN&auto=webp&quality=80&disable=upscale)
Verinext's Brian Glahn
“From an employee perspective they love these awards,” said Brian Glahn, CEO of Verinext, No. 436 on the MSP 501 list and No. 8 on the Fast Growth. “It’s so good for them because their work’s being recognized. I wish I could say I'm the one to take the credit, but they deserve the acknowledgment and appreciate it.”
Click on the slideshow above to see who made the Fast-Growth list.
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