KSP Fulfillment Number 3 Among Fastest-Growing Private Companies in the Twin Cities Metro-Area by Minneapolis/St. Paul Business Journal

BROOKLYN PARK, Minn.--(BUSINESS WIRE)--KSP Fulfillment, a leading third-party logistics company announced it has been ranked No. 3 among the fastest-growing private companies in the Twin Cities Metro-Area by Minneapolis/St. Paul Business Journal. The rankings were published on October 27, 2022. To view the Minneapolis/St. Paul Business Journal’s complete article visit https://bizj.us/1qgtl0.

KSP Fulfillment debuted on the Fast 50 at No. 3, with revenue growth of 517.55% from 2019 to 2021. Last year, the company reported sales of more than $11 million.

The 2022 Fast 50 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.

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 Minneapolis/St. Paul Business Journal’s 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 the accounting firm EisnerAmper, which then calculated their revenue growth from 2019 to 2021.

About KSP Fulfillment

KSP Fulfillment is a third-party logistics company (3PL), providing eCommerce/B2C, B2B order fulfillment, and modern warehousing solutions to quickly, securely, and accurately fulfill customer orders. The company services multiple industries, including but not limited to medical, health & beauty, education, agriculture & pet care. KSP is a 100% Veteran Owned Business.

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.