PPAI 100: 2023 | Distributor No. 24: Stran & Company
PPAI 100 is an exclusive, research-backed ranking of the 50 leading distributors and the 50 leading suppliers in the promotional products industry. Companies are scored based on a variety of metrics.
It’s been an active year for Stran (PPAI 161542, D10). Summer of 2022 saw the Massachusetts-based distributor expand into the South by acquiring the assets and business of Texas-based distributor Trend Brand Solutions. Then Stran kicked off 2023 by announcing the acquisition of T R Miller, including its 20,000-square-foot distribution and processing center. It’s no surprise to see “Growth” as a high mark for Stran, as their Q1 revenue report showed a nearly 30% increase in revenue over 2022.
2022 Revenue: $64.3 million
Three-Year Growth Rate: 103%
High Marks: Growth, Innovation, Industry Faith