Richmond, VA (PRWEB) August 23, 2013
Shockoe Commerce Group, LLC (http://www.shockoecommerce.com), a portfolio company of Boxwood Capital Partners, is pleased to announce that Inc. Magazine ranked the Richmond-based e-commerce retailer #1060 on the 2013 Inc. 5000 List. This exclusive list represents the most comprehensive ranking of the nation’s fastest-growing private companies. With a three year revenue growth rate of 400%, they've pushed their sales from $3.2 million in 2009 to $16 million in 2013. Additionally, 13 new jobs were created since 2009. As well as ranking high on Inc’s Top 5000 List, Shockoe Commerce also placed #64 in Inc’s 2013 Top 100 Consumer Products and Services List, and #61 in Inc’s 2013 Top 100 Virginia Companies List.
Shockoe Commerce Group is a leading supplier within the attractive and growing yoga and fitness market. Shockoe Commerce recently launched their own brand of performance yoga mats, apparel and gear, Dragonfly Yoga (http://www.dfyoga.com). Dragonfly Yoga is now found in many leading sporting goods retailers and is fast becoming becoming the Yoga Studio brand of choice.
The company is also the owner and operator of the internet’s best yoga wholesalers: Yoga Accessories (http://www.yogaaccessories.com) and Yoga Direct (http://www.yogadirect.com). Shockoe Commerce Group supports a healthy, active lifestyle by primarily supplying yoga, meditation, spiritual, food and beverage, and wellness products to customers in the U.S. and internationally. “We are proud to be featured on the 2013 Inc. 5000 list,” said Patrick Galleher, Managing Director of Boxwood Capital Partners. “Our products support a healthy lifestyle and make people feel good about themselves. And that makes us feel good, too. We are currently expanding our most popular yoga brands to include a wider variety of choices and styles. We expect considerable growth through the next five years, and our expanding our office -- creating new positions and hiring several new employees to help us grow our brand.”
About Shockoe Commerce Group, LLC
Shockoe Commerce is a portfolio company of Boxwood Capital Partners, a private equity firm based in Richmond, Virginia. Shockoe Commerce owns and operates several yoga brands and manufacturers, such as Yoga Direct, Yoga Accessories, and Everything Yoga. Our partners and investors have significant operational, internet, finance, technology, sales, and marketing experience, and are focused on building a portfolio of businesses of wholesale and retail consumer products across several categories including yoga, lifestyle, food & beverage, office supplies, and fitness. Shockoe Commerce Group’s business portfolio also includes Coffee Wholesale USA , Snack Warehouse , Office Saver, Best Insoles, Best Swimming, Footrite , MediBrace, Fitness Toys, and Insoles Fast. All of these companies provide a wide selection of top quality products; superior customer service, competitively low prices, and a convenient outlet for customers to access all of their product needs.
For more information or to schedule an interview, please contact Patrick Galleher at 804-343-3441 or email pgalleher(at)boxwoodpartnersllc(dot)com