#2 Private Compay to Watch: Kirk Tech Solutions | kirktechsolutions.com
Three-Year Avg. Annual Growth: 256%
Founded: 2006
Headquarters: 1 New Hampshire Ave., Suite 125, Portsmouth
Founder: Nate Tennant
Total Number of Employees: 26
Product/Service: Helps companies to use technology and data to become more efficient and expand operations.
When Nate Tennant founded Kirk Tech Solutions back in 2006, it started off with relatively simple projects, like building “run-of-the-mill websites.” But Tennant had bigger plans. “We’ve gradually been moving our way up the food chain into higher and more complicated projects,” he says.
Today, the Portsmouth-based company competes with consulting and IT giants like Accenture and PwC on multi-faceted development projects that can go on for years—things like integrating a university’s data into a single, secure database or building portals that allow doctors and insurance companies to monitor medical device data.
It’s part of a long-term strategy to move away from basic services like routine website development, toward more complex projects that demand specialized expertise most companies can’t offer.
That approach has paid off, with annual revenue growth averaging 256% between 2022 and 2024. Tennant says the company is now poised to “leapfrog into that eight figures [of revenue] and beyond.” His explanation for that growth? “It’s just hyper-focus on what you do really well,” he says. When companies chase any revenue they can, they risk getting pulled in too many different directions. “But the more you focus, the more valuable you become, and the more it is for other companies to try to chip away
at that.”
Tennant sees a “massive” opportunity for continued revenue growth over the next several years. Kirk Tech Solutions is working in fields like the “Internet of Things” (digitally-connected devices that transmit data to online portals) that have high barriers to entry and relatively few competitors.
“It’s wide open,” he says. “It literally is like the internet was in 1998,” and he adds there are few companies in that market.
Tennant says he wants to position Kirk Tech Solutions as “a mid-level market technology leader” that can compete against the biggest firms.
