Surya honored as one of state’s fastest growing companies
CALHOUN, Ga. — Surya has been named for the second year in a row to the Georgia Fast 40 by ACG Atlanta, the Atlanta Chapter of The Association for Corporate Growth® (ACG), a global professional organization focused on middle-market growth, mergers and acquisitions, and private investment.
Each year, ACG Atlanta recognizes 40 Georgia-based middle-market companies that have realized the fastest revenue and employment growth during the prior three years. Rankings are objectively based on weighted three-year average increases in revenue and employment.
As a direct result of its rapid revenue growth and addition of new personnel, Surya recently opened a new one-million-square-foot corporate headquarters and distribution center in Cartersville, Ga., north of Atlanta. The state-of-the-art facility and logistics system will promote increased operational efficiencies while also providing ample space for expansion. The company plans to bring an estimated 200 new jobs to the North Georgia area during the next several years as it continues to grow its product offering and move into additional home accessory categories.
“We have come such a long way during our 40 years in the home furnishings business, and this valuable recognition reaffirms that we are doing the right things,” said Satya Tiwari, president, Surya. “Our new location will position us with a strong infrastructure to scale our growth and give our customers even more great products and sales support tools to help them build a successful home accessories business. Closer proximity to Atlanta will also make it easier to attract top notch talent. We are honored that ACG Atlanta has selected us for the Georgia Fast 40 for a second year.”
Earlier this year, Surya was named to the Inc. 5000 list of America’s fastest growing privately-held companies for the fifth consecutive year, earning a spot on the Inc. 5000 Honor Roll.
“Surya’s sustained double-digit growth is a testament to the company’s solid business model, commitment to innovation and passionate focus on helping its customers succeed,” said ACG Atlanta President Denise Boyd. “The Surya team’s ability to move swiftly and execute on its vision continues to deliver great value to the home furnishings industry.”
To be eligible for the Georgia Fast 40, companies must be for profit and headquartered in Georgia; have recent year-end revenues ranging from $15 million to $500 million; and demonstrate three years of verifiable revenue and employment growth.
Surya is the premier one-stop source for coordinating home accessories for a broad range of lifestyles and budgets. An expert at translating the latest apparel and interior design trends, Surya artfully combines color, pattern and texture to offer more than 50,000 fashion forward products, including rugs, pillows, throws, wall decor, accent furniture, lighting, decorative accents and bedding. The brand also provides innovative display, merchandising and training solutions to support retailers in successfully promoting and selling home accessories. Surya has showrooms in Atlanta, Dallas, High Point, Las Vegas, Mexico City, New Delhi and Toronto. To learn more, visit www.surya.com.
About ACG Atlanta
ACG comprises more than 14,500 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 59 chapters in North America and beyond. Founded in 1974, ACG Atlanta is one of the oldest and most active chapters, providing the area’s executives and professionals a unique forum for exchanging ideas and experiences concerning organic and acquisitive growth. Programs include Atlanta ACG Capital Connection, The Georgia Fast 40 Honoree Awards and Gala, a Wine Tasting Reception, a Deal of the Year event as well as an active Women’s Forum and Young Professionals group. To learn more, visit www.acgatlanta.org.