July 26, 2023
Top 40 Distributors 2023: No. 40 APISOURCE
Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market.
APISOURCE
(asi/147450)
Company Snapshot
Revenue figures are in $millions
Previous Rank: NR
2022 Revenue: $48.0
2021 Revenue: $34.0
Year-Over-Year Difference: 41.2%
2020 Revenue: $36.0
2019 Revenue: $38.5
Top Company Officer: Cynthia A. Brown, CEO
Year Founded: 1965
Headquarters: Greenbelt, MD
Financials Certified By: Cynthia Brown, CEO
The Maryland-based firm founded by Charles Brown in 1965 and now led by CEO Cindy Brown returns to the Top 40 after a three-year hiatus. The 41% increase in 2022 was due to new accounts, programs, additional sales staff, and existing clients “opening back up” from the pandemic. Some of the firm’s top markets are construction, insurance, nonprofits and pro sports. Goals include building sales/staff, updating processes and implementing new company software.