TBBJ's Fast 50 ranks Mangrove #2 for growth of 337% from 2006 to 2008
TAMPA, Fla., July 27 /PRNewswire/ -- Start with a company developing ground-breaking technology and a top-rated product. Add inspired, dedicated employees and a few smart execs leading the way. Blend together in perfect parts, bake for over a decade, and what do you get? If you're Mangrove Employer Services, it gets you Ranked No. 2 on the Tampa Bay Business Journal's prestigious Fast 50 list that recognizes the fastest growing companies in Tampa Bay.
A leading provider of Payroll, Human Resource Management and Benefit Administration solutions, Mangrove's secret recipe has enabled them to experience 337% revenue growth from 2006 to 2008, a success that is even more impressive in this recessionary economy. Mangrove's product and service improvements, outstanding customer service, and recent marketing initiatives have an influx of new clients finally trying a piece of the Mangrove pie. Veteran local clients Derby Lane and Creative Loafing both enjoy what Mangrove adds to their businesses. "Mangrove's software is very strong and very flexible," praises Derby Lane's Larry Streur.
For Mangrove, the Fast 50 award is easy to digest. "Growth of this magnitude validates our strategy and capability," commented Richard Cangemi, Chief Executive Officer of Mangrove. "Our team executes and excels even in difficult economic conditions. It is amazing to see firsthand how when you are surrounded by associates with positive attitudes, dedication, and an incredible work ethic almost anything can be accomplished."
About Mangrove
Founded in 1994, Mangrove is a leading provider of Payroll, Human Resource Management and Benefits Administration software and services that are designed for Workforce Empowerment((TM)). Headquartered in Tampa, Florida, Mangrove hosts thousands of Human Resource, Payroll and Benefits Administration customers consisting of organizations of all sizes within all industries including numerous Hotels, Manufacturers, Health Care Organizations, Retailers, Payroll Service Bureaus, and Administrator Service Organizations - - www.eMangrove.com.