Expect Higher Standards
DBK would like to thank our employees and community for helping us grow over the past 3 years.
DBK Inc., a DeBary-based, full-service commercial and residential construction and service company with operations in several states, recently was cited as being in the top 15 percent of the nation’s 5,000 fastest-growing companies. Inc. magazine’s 34th annual “Inc. 5000” list ranks companies on the basis of percentage of revenue growth over the past three years.
DBK ranked 687 on the latest list with 658-percent growth and revenue of $16.8 million in 2014. The company added 36 jobs, to bring its workforce to 61 employees, according to Inc.’s data.
This is the first year DBK, started by Damon Kruid in his garage in 2007, has been on the list. As impressive as that ranking is, however, what may be more notable is how owner Kruid treats his customers, employees and community.
The company’s motto is “Expect Higher Standards,” with an emphasis on quality work.
“We turn down many jobs,” said Kenny Bonnett Jr., DBK’s vice president of marketing. “If we can’t keep the quality, we don’t want to do the job.”
Employees, too, are held to a higher standard, Bonnett said. All employees wear uniforms, and company vehicles are washed every week. Even the company headquarters at 398 S. Shell Road gets a pressure-cleaning several times a year, he said.
But the trade-off is that Kruid takes very good care of his workers.
“Damon’s vision statement is ‘Have a vision of what you want; then inspire and empower your team to get there with you.’ He wants to keep employees happy and wanting to work,” Bonnett said. “He wants the workplace to be like home.”
To that end, Kruid has employee-appreciation days, complete with water slides, food and music; Thanksgiving dinners for employees and their families; a chili cook-off for employees every February; and an employee-of-the-month program in which the winner gets a gift card and his or her picture on the company’s Facebook page.
The community also benefits from Kruid’s generosity, Bonnett said. DBK has a float every year in DeBary’s Christmas parade (winning last year). DBK recently donated $5,000 to DeBary Elementary School, and has raised funds for the DeBary Veterans of Foreign Wars post, breast-cancer awareness, Relay for Life, Toys for Tots, and Operation Christmas Child, which sends toys to children in other countries.
Kruid also is in the process of creating the Kruid Charitable Foundation, a nonprofit that will help empower veterans and their families, and help the needy. Kruid’s wife, Danielle, will head the foundation, Bonnett said.
“Damon’s whole goal is to get bigger to take care of more people,” he said. “The bigger he gets, the more people he can help.”
It’s apparent he’s well along on reaching that goal.
(From: The West Volusia Beacon - Business Section, September 3, 2015)
— Joe Crews, Beacon Reporter
Two Volusia firms make nation's 'fastest-growing' list
Two Volusia County businesses are among the nation's fastest-growing private companies, according to a new survey.
DeBary-based DBK Inc., a construction company with operations in multiple states, was ranked 687th fastest-growing, while Daytona Beach-based Synergy Billing, which provides billing services for community health centers, was ranked 1,071st fastest-growing by Inc. magazine.
Inc.'s 34th annual Inc. 5000 list ranks companies based on percentage revenue growth over the past three years.
DBK, founded in 2007, generated $16.8 million in revenues last year, a 658 percent increase from its revenues in 2012, according to Inc. The company also grew its workforce by 36 employees during that three-year period.
Damon Kruid, the owner and CEO of DBK who began his company in his Deltona home, said he now employs 66 workers, including four new hires in the past week.
DBK specializes in renovating apartment and condominium complexes but also has a division that provides services for residential and commercial customers such as installing and servicing air-conditioning systems, electrical repair and replacement, plumbing repair and roof repair and replacement.
The company occupies a 13,800-square-foot building on South Shell Road in DeBary, where it recently completed a renovation to add more office space as well as an "employee appreciation center" where workers can play pool, pingpong and darts during breaks and where movies can be shown in the evenings for workers and their families.
Kruid said his goal is to grow in a controlled, sustainable manner, adding that he will turn down jobs if he believes it would stretch his staff too thin. "If you grow too fast, your quality can go down," he said.
Synergy Billing, founded in 2006, generated nearly $4.5 million in revenues last year, a 403 percent increase from 2012, according to Inc. The company added 47 workers during that period.
Jeannette Duerr, a spokeswoman for Synergy Billing, said the company now employs 86 workers, including more than two dozen hired since the start of the year. The company, led by founder/CEO Jayson Meyer, recently announced plans to build an office park in Holly Hill to accommodate its growth.
"To learn we are among the top 21 percent of the fastest-growing private companies in the U.S. is very gratifying," stated Meyer in a news release. "This validates that we are meeting the needs of our clients."
Meyer in an email wrote that the goal for Synergy Billing "is not about being the biggest or fastest-growing company, it is about being the best."
DBK owner focuses on customer and employee satisfaction
DEBARY — When Damon Kruid started DBK Construction & Service Inc. in 2007 as a home-based business in Deltona, he envisioned his company becoming a source of gainful employment not only for himself but for other families as well.
Today, the company, now based in a commercial building in DeBary that Kruid purchased in 2013, employs 66 workers and serves clients in multiple states. Its revenues in 2014 grew to a record $16.8 million, up an impressive 658 percent from its revenues in 2012.
That revenue growth earned DBK's inclusion in Inc. magazine's latest list of the nation's 5,000 fastest-growing private companies, ranked by annual revenue growth over the past three years. DBK ranked No. 687 and was one of only two Volusia-Flagler area companies to make the Inc. 5000 list. The other company was Daytona Beach-based medical billing company Synergy Billing, whose annual revenues rose 403 percent from 2012 to 2014, earning it a No. 1,071 ranking.
Kruid began his career as an entrepreneur in 2002 when he launched a business called National Fire & Security and two years later added a second business called Global Gates, both based out of his home. When DBK began to take off, he merged his two other businesses with it to form one combined company.
Kruid recently spoke with The News-Journal on his keys for business success. The following are excerpts from that interview.
Was becoming one of the nation's fastest-growing companies a goal for you?
No. Our growth has all been sustained controlled growth. We could have grown a lot more but we want to be able to deliver on our promises to our customer.
Is there a danger in growing too fast?
Absolutely. We've had big customers say to us, "Listen, don't let us ruin you." If you grow too fast your quality can go down. ... We will take as much (new work) as we feel we're comfortable in taking on. In California, Texas, Tennessee and Chicago we've passed on projects because we don't feel we could meet our standards for quality.
What exactly does DBK do?
We specialize in multifamily renovations (of condominium and apartment complexes) but we also offer construction service solutions to residential and commercial customers.
What are your keys for business success?
Our focus on our customers and a work environment where our employees are happy to be here. Our retention rate is great for both customers and employees. ... We also emphasize quality. Our motto is "Expect Higher Standards." ... We inspect our trucks every Monday both for cleanliness and safety. Everyone wears company uniforms.
How big do you think your company can become?
I want to grow to 300 to 400 (employees) in multiple states. ... Five years from now, most likely we'll be a $100 million company.
What do the initials DBK stand for?
My wife is Danielle and my daughters are Brenna and Kailey. My initials are also DBK: Damon Badger Kruid.
Before you became an entrepreneur, you worked as a security technician for a national company. What inspired you to branch out on your own?
I worked with 30 other technicians who were not happy with their jobs. ... I wanted to start a business to create opportunities for other families and other people. I also always wanted to create a company that could last after I'm gone.
DBK celebrates opening of new DeBary headquarters
DEBARY — During the Great Recession, Damon Kruid responded by doing something most other local business owners didn't, or couldn't: he grew his Deltona construction company, DBK Inc., and related side businesses by offering more services.
Now that the economy is recovering, Kruid has been steadily adding to his workforce, which has now grown to 48 employees, and has opened two satellite offices in North Carolina and South Florida.
That growth has created a need for a bigger building to house his headquarters operations.
Friday, at 9 a.m., DBK will celebrate its move to a larger location in DeBary by holding a public ribbon-cutting event that will be attended by local elected officials and members of the DeLand Area and West Volusia Regional chambers of commerce.
The 13,500-square-foot former Browning Press building at 398 S. Shell Road in Springview Industrial Park is more than three times the size of the company's previous headquarters building in Deltona.
The company bought the building earlier this year.
“We had less than 4,000 square feet and just needed more room. We have 30 trucks and needed a place to park them,” said Kruid, DBK's chief executive officer and owner. “I've been looking a long time at this building. It really fits our needs.”
Kruid said his company is investing about $100,000 to renovate and upgrade the building that has stood empty for the past two years.
The additional space will allow DBK to increase its parts and supply inventories and add at least 10 more employees locally, Kruid said. DBK's headquarters staff currently numbers 37 workers.
“We are ecstatic to get a company like DBK to move to the city of DeBary,” Mayor Bob Garcia said. “I think it will be a shot in the arm for us and will help get others to open their eyes and see what we have to offer at the park. To keep those 40 jobs in the area is great. Almost all those employees live within a 10-mile radius, in Deltona and DeBary.”
Kruid was installing security systems for a national company in 2001 when he decided to start his first business, National Fire Security. He opened an office for that business close to his Deltona home.
He later added a construction business that focused on renovating apartment and condo complexes as well as a gate/fence business.
In August 2012, Kruid consolidated his businesses under the new name, DBK.
“We are a full-service solutions company. A one-stop shop,” Kruid said. “I want to be able to go to a home, apartment building, condo or business and provide anything they need.”
Services now include security and fire system installation, roofing, plumbing, electrical, heating and air conditioning, painting, drywall and mold removal.
Darryl Colwell was hired in January as DBK's new chief operating officer.
DBK, which also markets its services to homeowners, opened offices this year in Miami and High Point, N.C., with plans to soon add an office in the Tampa area.
“We see a need in the residential market for one company to provide homeowner with multiple services.” Kruid said. “For us, economically, it's more steady.”
DBK celebrates relocation
DEBARY — DBK Inc., a construction company with offices in South Miami and High Point, N.C., will celebrate the relocation of its headquarters to DeBary with a ribbon cutting and open house at 9 a.m. Friday. The event will be open to the public and will include light refreshments.
The company’s headquarters are now in a 13,500-square-foot building at 398 S. Shell Road at the entrance to Springview Industrial Park. The company, founded in 2009, previously had its corporate office in a 2,304-square-foot building at 766 Deltona Blvd. in Deltona.
About 37 administrative employees made the move.
DBK specializes in commercial, multi-family and residential properties. Services include security and fire systems, air conditioning, heating, plumbing, painting, electrical, environmental, renovations, dry wall, gates and fences, site work and metal work. In addition to its offices in South Florida and North Carolina, the company also has and technicians serving the Tampa Bay area.
Deltona firm plans move to DeBary
DEBARY — DBK Investments LLC, a Deltona-based general contractor, has bought a manufacturing/warehouse building at 398 S. Shell Road in DeBary with plans to move its headquarters there.
The company paid $525,000 for the 13,500-square-foot building that sits on 2.64 acres at the entrance to Springview Industrial Park.
The seller was Wells Fargo Bank.
The building was built in 1999 and was home to Browning Press until last year when the commercial printing business lost the property to foreclosure. Browning Press is now in Sanford.
DBK Investments plans to move its headquarters into its newly purchased building, bringing about 40 administrative employees to DeBary. It currently occupies a 2,304-square-foot office building at 766 Deltona Blvd. in Deltona.
The building in Deltona, which DBK Investments owns, is now for sale, said Kenny Bonnett, the company’s chief marketing and business development officer.
DBK Investments also has offices in Miami and Walburg, N.C.
The company does electrical, plumbing and other subcontractor-related work on commercial, multifamily and residential properties and development projects.
Bob Rand, a commercial real estate agent with Ormond Beach-based Coldwell Banker Commercial Benchmark, represented the buyer and seller in the transaction.
Pine Ridge High School student receives first DBK Leadership Award
DBK Construction & Service Solutions recently named Sierra D’Errico from Pine Ridge High School as its first recipient of the DBK Leadership Award. The award is given to a student who exemplifies creating a culture of setting higher standards. Sierra, pictured with Principal John Atkinson, has an extensive resume of leadership, volunteer and community activities, including winning Ms. Pine Ridge High School.