bing track

Florida Fast 100: Annual list highlights state’s growing businesses

south-florida-business-journal

The Florida Fast 100 is one of the most exclusive lists created by the Florida business journals each year. In order to qualify for this year’s list, companies must be privately held, for-profit organizations headquartered in Florida, and must have been in business prior to Jan. 1, 2013. The companies must also have revenue of at least $1 million in 2013 or $5 million in 2015, and demonstrated revenue growth for the three years considered in the calculations.

The list is the result of collaboration among the Jacksonville, Orlando, South Florida and Tampa Bay business journals. It combines the invaluable business intelligence gathered by the four markets into one resource that highlights growing businesses from around the state.

The companies on this year’s list increased their revenue by a combined $3.1 billion from 2013 to 2015 – an average of 131.4 percent. The companies are well distributed throughout the state, with 33 from the Tampa Bay region, 32 from South Florida, 24 from the Orlando area and 11 from the Jacksonville area.

This year marks the fourth year of the Florida Fast 100. While a significant number of companies carried over from previous lists, 57 were new to the list this year.

One of them, Baker Klein Engineering, topped the list with a 759 percent growth from 2013 to 2015. The Jacksonville-based company, which had revenue of $2.3 million in 2013, $4.5 million in 2014 and $19.5 million in 2015, provides structural, civil, geotechnical and environmental engineering services.

Making the Florida Fast 100 List is a great accomplishment for any company. Making the list every year is simply amazing. Just six companies have achieved this feat.

These companies – 4R Restaurant Group, Ascendo Resources, Modernizing Medicine, Roger B. Kennedy Construction, TouchSuite and uBreakiFix – grew revenue by a combined $309 million from 2010 to 2015, a 1,174 percent increase.

Winter Park-based 4R Restaurant Group is the owner of 4 Rivers Smokehouse. The company, which started with a single restaurant in 2009, now has 11 locations and two more under development.

Coral Gables-based Ascendo Resources is a recruiting firm that provides both temporary and permanent placement services. It has six Florida offices and another six outside the state.

Modernizing Medicine, which is headquartered in Boca Raton, is a health care technology company that developed the Electronic Medical Assistant, an adaptive electronic medical records system.

Roger B. Kennedy Construction is a general contractor based in Altamonte Springs. The firm has grown more than 800 percent in five years – from $9.8 million in 2010 to $88.7 million in 2015.

TouchSuite, another information technology company based in Boca Raton, developed point-of-sale technology that is fully integrated with payment processing services.

Orlando-based uBreakiFix is a franchisor of electronic device repair shops. The company started with a single storefront in 2009, and now has more than 120 locations nationwide.

Modernizing Medicine showed the biggest percentage growth, increasing revenue 15,476 percent – from $336,250 in 2010 to $52 million in 2015. The biggest dollar increase was by uBreakiFix, which increased revenue by more than $85 million over that time frame.

Congratulations to all of the companies that made the Florida Fast 100. We look forward to watching your continued growth and hope to see you back on the list again next year.

Click here to see the list. 

By: Staff Report on in News