CT BUSINESSES

Two Connecticut Companies Recognized Among World's Most Innovative

19 March 2025

Connecticut is making waves on the global innovation stage. Two local companies—Budderfly of Shelton and Athletic Brewing Co. of Milford—have been named to Fast Company's 2025 list of the World's 50 Most Innovative Companies.

Budderfly: Revolutionizing Energy Management

Ranked at No. 25, Budderfly stands out for its unique approach to energy efficiency. The company takes over customers' utility bills, implements AI-driven monitoring systems, and finances facility upgrades. Their services include the installation of solar carports, EV chargers, and advanced HVAC systems. With a client portfolio featuring McDonald's, Applebee's, and Orangetheory Fitness, Budderfly has surpassed $200 million in annual recurring revenue.

Athletic Brewing Co.: Leading the Nonalcoholic Beer Market

Coming in at No. 32, Athletic Brewing Co. is redefining the beverage industry with its nonalcoholic craft beers. Operating facilities in Milford and San Diego, the company has achieved over $130 million in sales and is expanding its production capacity to meet growing demand. Athletic Brewing is now America's largest nonalcoholic beer producer, holding approximately 20% of the market share.

Broader Recognition

Both companies also earned spots on the 2024 Inc. 5000 list of fastest-growing private firms in the U.S., highlighting their rapid growth and innovative business models.

📌 Originally reported by NBC Connecticut. Read the full article here.

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Cynergy Capital Partners Rebrands as Pierce Ridge Capital

19 May 2025

Cynergy Capital Partners, a Connecticut based boutique M&A advisory firm known for its hands-on approach to helping business owners buy, sell, and grow companies, has officially rebranded as Pierce Ridge Capital .

A large building with a roof that has icicles hanging from it.

Three Connecticut Businesses Honored for Remarkable Disaster Recoveries

19 May 2025

In a testament to resilience and determination, three Connecticut-based businesses have been recognized among the world's most inspiring comebacks following significant disasters. These companies overcame substantial challenges to rebuild and thrive, serving as exemplary models of perseverance in the face of adversity.

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Minuteman Press Franchise Owner Matt Bloom Continues Tradition of Success in Norwich, CT & Joins President’s Club

13 May 2025

Minuteman Press franchisee Matt Bloom has officially joined the President’s Club after just one year of ownership in Norwich, Connecticut. Here’s how the former venture capitalist made a seamless transition and built on a 31-year legacy to grow the business past $1 million in gross sales.

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Bell Bakeshop Set to Open in Milford, CT This June

2 May 2025

Milford, Connecticut, is welcoming a new addition to its local business scene: Bell Bakeshop, an artisan bakery slated to open in early June at 191 Rock Lane.

Deportations Are Surging in Connecticut — and Local Businesses Are Feeling the Impact

29 April 2025

Connecticut is facing a sharp increase in deportations, and the impact is being felt across industries that rely on immigrant labor. Local businesses in construction, landscaping, agriculture, hospitality, and other service-based sectors are experiencing severe workforce shortages as immigration enforcement actions accelerate across the state.

Voted #1: Why Everyone Wants to Be a Member at Guilford Racquet & Swim Club in 2025

9 April 2025

If you’ve been searching for the best tennis and swim club in Connecticut, the answer is clear: Guilford Racquet & Swim Club has officially been named the #1 Tennis and Swim Club in Connecticut for 2025 by CT Businesses — and it’s easy to see why. Located at 420 Church Street in Guilford, CT , this private club has become a year-round hub for families, athletes, and community members who value high-quality facilities, friendly competition, and an unbeatable social atmosphere.

CT Cannabis Entrepreneurs Seek Flexibility in Selling Equity Stakes

8 April 2025

Connecticut’s cannabis industry, originally built with a focus on social equity, is facing growing pressure to revise some of its early restrictions. Social equity license holders are now asking lawmakers to shorten the required ownership holding period, arguing that current rules are limiting growth and hurting long-term success.