PASADENA, Calif., Dec. 5, 2013 /PRNewswire/ -- CPO Commerce has again been ranked on the Los Angeles Business Journal's annual list of the 100 Fastest Growing Private Companies in Los Angeles, the second largest city in the country. This year marks CPO's 5th appearance on the list since 2008, growing from 5.5 million in annual revenue to 70 million in 2012.
Established in 2004, CPO Commerce is America's leading online tool retailer, operating 40 plus brand outlet stores including CPO Dewalt, CPO Milwaukee, and CPO Bosch. CPO's brand outlet stores are known for their full selection of new tools and accessories, as well as the country's largest selection of factory-reconditioned tools. CPO Commerce also operates five specialty stores CPOoutlets.com, Reconditionedtools.com, CPOoutdoor.com, CPOpressurewashers.com and Tylertool.com.
CPO has shipped over one million orders to professional contractors, woodworkers, and handy homeowners who appreciate CPO's commitment to its customers. BizRate recognized CPO in its Circle of Excellence, acknowledging that CPO goes above and beyond the norm to provide exceptional service to its customers. For six years in a row CPO Commerce has been recognized by Inc. Magazine as one of the fastest growing private companies in America.
"We are excited to be recognized by the LABJ as one of the fastest-growing privately-held companies in the Los Angeles area. Our employees should be very proud of their accomplishments. We hope to continue to grow rapidly as CPO offers tremendous value to its brand partners and customers," stated CPO Commerce Founder, President and CEO Rob Tolleson.
The Fastest Growing Private Companies List ranks the top privately held businesses from a variety of industries based on revenue growth and is the Los Angeles Business Journal's most widely read feature. For a complete list of winners please visit, http://www.labusinessjournal.com/.
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