Phipps Reporting, Inc., a court reporting firm in West Palm Beach, Fla., has been ranked by Inc. magazine as number 1751 in its 34th annual Inc. 5000, an exclusive ranking of the nation’s fastest-growing private companies. The average company on the list achieved a three-year growth of 490 percent.
“Achieving this ranking a second year in a row, knowing that only a tiny fraction of the nation’s companies have demonstrated such remarkably consistent high growth, truly puts us among rarefied companies. Particularly in the difficult economic environment of the past few years, this recognition is acknowledgement that dreams truly can become reality,” said Christine Phipps, CEO of the company. Phipps attributes her company’s placement on the list to an aggressive growth strategy over the past 12 months, which has included an expansion of its Orlando presence.