SURYA TO EXPAND OUTDOOR FURNISHINGS BUSINESS WITH ACQUISITION OF RST BRANDS 9.14.23
CARTERSVILLE, GA (September 14, 2023) - Surya announced that it has completed the acquisition of RST Brands, a leading omnichannel outdoor furniture company based in Salt Lake City, Utah. The strategic purchase will enable Surya to immediately gain market share and strengthen its capabilities in the rapidly growing outdoor furnishings segment.
"We are thrilled to bring the RST Brands team and business into the Surya family, and look forward to the future growth opportunities we will pursue together,” said Surya President Satya Tiwari. He added: “This acquisition provides us with a well-established platform to serve our customers’ diverse needs in the outdoor segment. Combining the strengths of both companies will enable us to accelerate our mission to become the most comprehensive resource for home furnishings for every lifestyle.”
Over the past decade, Surya has consistently expanded its product portfolio and continues to make substantial investments to deliver unparalleled variety, quality, and innovation to its customers. Now, the company will enhance its existing assortment of outdoor rugs, textiles and accents with design-forward outdoor furniture at all price points. RST Brands’ signature Colorway Collections line, with its patented cushion system, frame configurations and Sunbrella fabric options, is just one example of the increased flexibility and customization that will be available to Surya customers.
The purchase of RST Brands marks the second strategic acquisition for Surya in the last six months, demonstrating the company’s long-term commitment to providing customers with a robust range of home furnishings that resonate with a wide variety of lifestyles.
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About Surya
Surya is the premier one-stop source for home furnishings for a broad range of lifestyles. An expert at translating the latest apparel and interior design trends, Surya artfully combines color, pattern, texture and form to offer more than 80,000 fashion-forward products, including rugs, furniture, lighting, wall decor and textiles. Surya products are sold through a global network of retailers, e-tailers and interior designers. To learn more, visit
www.surya.com.
About RST Brands
Established in 2004, RST Brands provides stylish furniture and an exceptional omnichannel experience through strong partnerships, technology, and innovative design. With over two decades of fostering exclusive relationships with leading manufacturers, retailers and innovators, RST Brands offers a diverse range of outdoor products, featuring superior craftsmanship and materials, including Sunbrella® performance fabrics. To learn more, visit
www.rstbrands.com.
SURYA CELEBRATES MONUMENTAL TENTH YEAR OF RECOGNITION ON THE INC. 5000 LIST 8.15.23
CARTERSVILLE, GA (April 18, 2023) – Surya has been named to the 2023 Inc. 5000 list of the fastest-growing private companies in the United States. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. This tenth recognition on the Inc. 5000 list is a resounding testament to Surya’s unyielding growth and resilience since its first inclusion on the list in 2011.
Satya Tiwari, President of Surya, attributes the remarkable milestone to the indomitable spirit and dedication of the Surya team. "We are incredibly honored and excited to be recognized for the tenth time on the Inc. 5000 list. Sustaining growth during uncertain times reflects the unwavering commitment and perseverance of our team, the loyalty of our customers, and the collaboration of our partners," said Tiwari. "This recognition motivates us to continue to build on our strengths, seek out bold strategic opportunities and cultivate transformative partnerships to deliver unparalleled value to our clients," he added.
The Inc. 5000 class of 2023 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. "Running a business has only gotten harder since the end of the pandemic," says Inc. editor-in-chief Scott Omelianuk. "To make the Inc. 5000—with the fast growth that it requires—is truly an accomplishment."
Over the last few years, Surya has steadily expanded its product range by adding new categories such as furniture and case goods to its portfolio and capturing new channels. With a remarkable 110% growth spanning a three-year period, Surya continues to strengthen its position as a comprehensive resource for home furnishings for every lifestyle.
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Methodology
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million.
About Surya
Surya is the premier one-stop source for home furnishings for a broad range of lifestyles and budgets. An expert at translating the latest apparel and interior design trends, Surya artfully combines color, pattern, texture and form to offer more than 80,000 fashion-forward products, including rugs, furniture, lighting, wall decor and textiles. To learn more, visit www.surya.com.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work reaches more than 50 million people across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. For more information, visit www.inc.com.