Tortuga Rum Cake Company has been recognized by Inc. magazine as one of the Top 5,000 fastest-growing private companies in the United States.
The Miami-based business that handles worldwide sales and distribution of Tortuga Rum Cakes and other Caribbean gourmet products recorded revenue growth of 46 per cent from 2003 to 2006. The company was also ranked No. 78 of the Top 2007 Inc. 5,000 companies in the Miami-Fort Lauderdale area.
Doing business as the Tortuga Rum Cake Company, Tortuga Imports, Inc. celebrated its 10th year in business on March 27.
In April, DiversityBusiness.com, the nation’s leading multicultural internet site, named the company as one of the “Top 100 diversity-owned businesses in the state of Florida” and to its lists of Top 100 women-owned businesses and Top 100 small businesses in the state.
‘We are proud of our business success and strive to continue to earn such accolades,’ Monique Hamaty-Simmonds, the president and CEO of the Tortuga Rum Cake Company, said in a press release. She founded the company with her husband Marcus, who is the CFO.
‘Our entire team is dedicated to providing excellence in our products and service to our customers. We offer an authentic ‘taste of the Islands’ to America and the world.’
Monique’s father, Robert Hamaty and his wife Carlene founded the Tortuga Rum Company in 1984 to introduce the first private label rums for the Cayman Islands.
Several years later, the Tortuga Rum Cake, made from a four-generations-old family recipe, was introduced at a restaurant in Grand Cayman. Today, these gourmet tropical treats are the No. 1 export of the Cayman Islands, sold in gourmet and gift shops throughout the Caribbean and North America, on more than 100 cruise ships and online
The Inc. Top 5,000 list honours growing entrepreneurial companies in the US. An extension of the magazine’s annual Inc. 500 list, it is the first time that the publication has taken such a comprehensive look at the wealth of rapidly growing businesses that represent the backbone of the US economy.
To be considered for the Inc. 5,000, a company must be privately held, based in the US, and have at least four full years of revenue history. Rankings are based on average annual revenue growth for 2003-2006.
The Simmonds were to attend a ceremony for all honourees held during the 26th Annual Inc. 500 Conference and Awards Ceremony last week in Chicago featuring former president Bill Clinton as the keynote speaker.