Award winners chosen for outstanding leadership, culture and growth
Lake Worth Beach, Florida, October 5, 2021 — Unprecedented growth is once again landing I.T. Solutions of South Florida in the spotlight! I.T. Solutions of South Florida is pleased to be among the top 50 second-stage companies in Florida selected as an 11th Annual GrowFL Florida Companies to Watch Honoree.
“I know I sound like a broken record, but I can’t thank our staff and our clients enough,” said CEO Deana Pizzo. “We have incredible client partners who understand the importance of cybersecurity as well as the value of our managed services. And our friendly team of network professionals is the best in the business!”
GrowFL Florida Companies to Watch is a statewide competition that identifies companies expected to see significant growth over the next several years. Companies to Watch was developed by the Edward Lowe Foundation as a unique way to recognize and honor second-stage companies that demonstrate high performance in the marketplace with innovative strategies and processes. In addition to evaluating past growth and projected success, applicant companies are judged according to their special strengths and impact in their markets, communities, and within the state – thus deeming them worth watching.
“This honor speaks to our commitment to go well beyond just keeping our client networks reliable and resilient,” Pizzo continued. “We’ve doubled-down on our commitment to end-user education because we want their employees to know how to use technology to work smarter and safer.”
Over 600 nominations were received this summer and the pool of potential award winners was narrowed in August to just 82 finalists from across the state. Finalists had to survive a second rigorous round of essay questions and a financial review to win the title of Honoree.
The 50 honorees were selected by a panel of independent judges comprised of past honorees, economic development leaders and corporate partners of GrowFL. Companies were judged on several criteria including growth in number of employees; impact of the business in the job market; increase in sales and/or unit volume; current and past financial reports; innovativeness of the product or service; response to adversity; and contributions to aid community-oriented projects.
“This group of Honorees represents 20 counties, 20 different industries and almost 50% of them are women, veteran or minority-owned. They have demonstrated notable growth and have the courage and tenacity it takes to be a successful entrepreneur. Despite the challenges thrown their way and pivoting through a pandemic, these companies embody the unshakeable resiliency of Florida’s entrepreneurs,” said Lisa McIntosh, GrowFL Florida Companies to Watch Chair and founder of C-E-Optimal Advisors.
To qualify for the award, companies must be headquartered in Florida and have between 6 and 150 employees and revenue between $750,000 and $100 million in 2020. Even through the pandemic, these companies projected continued growth in 2021, with a 62% revenue increase and 49% growth in employees compared to 2020. If their projections hold, these companies will have generated $1.7 billion in revenue and added more than 1,500 employees over the last five years — a 263% increase in revenue and a 206% increase in jobs since 2017.
“Year after year, these outstanding companies continue to impress me. These are the CEOs, managers, and team members who are making the biggest impact on our state’s economy,” said Russell Slappey, CEO of Nperspective CFO & Strategic Services and event title sponsor. “They deserve to be celebrated now and into the future as they continue to grow, continue to innovate and continue to be a company we all should watch.”
Companies named to the list will be officially recognized at the 11th Annual GrowFL Florida Companies to Watch Celebration on February 17, 2022, at the Hard Rock Live in Universal CityWalk, Orlando, FL. For more information, view the list of honorees or to purchase tickets to the award ceremony, visit https://growfl.com/flctw21/about-flctw/.
About I.T. Solutions of South Florida
I.T. Solutions of South Florida, Inc. is an award-winning Managed Service Provider in Palm Beach County, specializing in solving the unique I.T. and business challenges for small to medium size businesses. I.T. Solutions of South Florida serves a vast array of businesses from manufacturing to construction, schools, non-profit organizations, and can easily accommodate the needs of any professional service industry, including those with multiple locations and remote workers.
I.T. Solutions of South Florida was founded in 2004 and has become one of the Fastest Growing Technology Companies in South Florida. Their mission is to help businesses develop cost-effective solutions by implementing the proper technology to improve their bottom line. They deliver flat-rate I.T. implemented by a dedicated and professional staff. Along with providing superior service and utilizing cutting-edge technology, they also strive to make positive contributions to their local community.
Above all, serve wholeheartedly.
GrowFL is dedicated to support and accelerate the growth of second-stage companies throughout Florida, by providing their leaders focused, efficient, and timely access to resources they deem important, such as connections with other second-stage company leaders, and to professional organizations whose expertise, experience, and products lead to the second-stage company’s continued growth and prosperity resulting in diversification and growth of Florida’s economy. Second-stage growth companies have at least 6 employees and $750,000 in revenue and possess the intent and desire to grow beyond second-stage. Website: https://www.growfl.com.
About Edward Lowe Foundation:
The Edward Lowe Foundation was established in 1985 by Ed and Darlene Lowe to leverage entrepreneurship as a strategy for economic growth and community development. The foundation’s entrepreneurship initiatives focus on second-stage companies, which are growth-oriented firms that have moved beyond startup but have not yet reached maturity. Its peer learning, leadership education, and strategic information programs are geared to help these companies continue growing. For more information, visit www.EdwardLowe.org.
About Nperspective CFO & Strategic Services:
Nperspective CFO & Strategic Services, a Florida firm, operates around the country from centers in Orlando, Tampa, and South Florida. The firm was founded 20 years ago to assist small- and medium-sized businesses that need the expertise of seasoned financial executives but are unable to hire that expertise full-time. Many highly profitable companies that could afford a full-time CFO don’t need one daily. To assist these companies, the firm provides senior executives with extensive financial expertise and experience on an as-needed basis, calibrating engagements to specific client needs and resources. Nperspective CFOs provide services such as cash flow planning, strategic planning/business planning/budgeting, assistance with bank financing, reviewing financial reporting processes and internal control processes for effectiveness. With a 20-year track record, Nperspective is ready to help companies mitigate the problems of Covid-19 from loan and grant applications to managing finances under the new normal. Website: https://www.nperspective.com/