Univest Financial one of 15 Montco-based companies among region’s fastest-growing

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Univest Financial, the Souderton-based parent of Univest Bank, plans to close eight of its retail branches as part of an optimization plan accelerated by the pandemic. Image via Univest Financial Corporation.

Univest Financial Corporation is one of 15 companies based in Montgomery County that have qualified for the Philadelphia Business Journal’s Soaring 76 list of the fastest-growing companies in the region.

To compile the list, the Philadelphia Business Journal first asked for nominations of companies that generated at least $750,000 in revenue in 2016 and at least $2 million in 2018. The qualifying companies were then compared based on revenue growth over that three-year period. Also, the revenue numbers from all public companies with their headquarters in Greater Philadelphia were also examined.

Based in Souderton, Univest Financial has approximately $5.2 billion in assets and $3.7 billion in assets under management and supervision through its wealth management division. Founded in 1876, the Corporation and its subsidiaries provide a full-range of financial solutions for individuals, businesses, municipalities, and nonprofit organizations in the Mid-Atlantic Region.

In addition to Univest Financial, the other Montgomery County-based companies to make the Soaring 76 are:

  • beMarketing (Blue Bell)
  • BioTelemetry (Conshohocken)
  • BlackTree Healthcare Consulting (King of Prussia)
  • Bryn Mawr Bank (Bryn Mawr)
  • Clutch (Ambler)
  • Educere (Fort Washington)
  • eLocal (Conshohocken)
  • Entercom Communications (Bala Cynwyd)
  • Greenphire (King of Prussia)
  • G-Squared Partners (Fort Washington)
  • Lincoln Healthcare (West Conshohocken)
  • Morgan Properties (King of Prussia)
  • Nocopi Technologies (West Conshohocken)
  • Toll Brothers (Horsham)

Read more about the region’s fastest-growing companies in the Philadelphia Business Journal here.

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