Pepine Realty is pleased to announce to be selected as one of 50 companies from more than 500 nominees for Florida Companies to Watch, a statewide program managed by economic development group GrowFL. Pepine Realty was also the only business selected from North Central Florida and the only real estate sales company in the industry recognized for this award.
Pepine Realty’s management team, competitive market position and strong community involvement were among several factors that put them in contention for the award. Founder and CEO Betsy Pepine attributes the growth of Pepine Realty to the support the community has shown and the agents and staff that have worked tirelessly toward the company’s vision.
“These stand-out companies are all led by entrepreneurs, and have demonstrated their capacity and intent to grow,” said Dr. Tom O’Neal, GrowFL executive director. “They also all have critical intellectual property or a niche position that gives them a competitive edge in their markets,” he said.
From 2015 through 2018, these companies generated $923 million in revenue and added 935 employees, reflecting a 123.9% increase in revenue and 131% increase in jobs for the four-year period. That translates into a 31% average annual revenue growth and 32.2% average annual growth in employees. These companies projected continued growth in 2019, with a 34.8% revenue increase and 36.8% growth in employees compared to 2018.