This will be the online tool retailer's final appearance on this list of fastest growing private companies, since the company has been acquired by United Stationers Inc.
PASADENA, Calif., Aug. 26, 2014 /PRNewswire/ — CPO Commerce, America's leading online tool retailer, is proud to announce it has made Inc. Magazine's annual Inc. 500|5000 list, an exclusive ranking of the fastest growing private companies in America. This marks CPO's 7th consecutive year on the list, and it will be CPO's final appearance as the company was recently acquired by United Stationers Inc. CPO made the revered list every year it was eligible as a private company.
"I am so proud of our team's accomplishment," said Rob Tolleson, CPO's Founder and President. "We continue to deliver a strong value proposition to our customers, brand partners and marketing partners. I am sad that this will be our last year on this exclusive list, but I believe that we can deliver even more value as part of the United family."
About CPO Commerce
Founded in 2004, CPO is America's leading online tool retailer. With over 45 online tool specialty stores, millions of professional and DIY (Do-It-Yourself) customers choose CPO for its wide selection of top brands, great prices, and outstanding customer service. CPO is best known for its industry leading selection of factory-reconditioned tools and equipment, which offer customers a significant discount on like-new quality tools. CPO is a wholly-owned subsidiary of United Stationers Inc., a leading supplier of business essentials. For more information see CPO's website at www.cpooutlets.com.
Methodology
The 2014 Inc. 5000 is ranked according to percentage revenue growth when comparing 2010 to 2013. To qualify, companies must have been founded and generating revenue by March 31, 2010. They had to be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2013. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2010 is $100,000; the minimum for 2013 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/5000.
About Inc. and the Inc. 5000
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit http://www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success.
Contact:
Susan Warm, 626-585-3600 ex: 7007