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ATLANTA—Beecher Carlson has surpassed $100 million in revenue for the first time for any 12-month period, the Atlanta-based broker announced Wednesday.
The broker projects revenue to reach $100.9 million for the 12 months ending April 30, having passed the $100 million mark this week. It said that since 2004, it has enjoyed a compound annual revenue growth rate of 34%. Beecher Carlson said its large account sector registered a 16.7% growth rate during the 12 months that ended March 31.
“Business has never been stronger,” says Dan Donovan, CEO of Beecher Carlson, in a statement. “We maintain our commitment to attract and invest in top-notch talent within our specialized industries. With a strong cash flow and capital base, we are confident in the success of our business strategy and continued growth.”