GAINESVILLE, Va.--(BUSINESS WIRE)--The Hybrid Shop (THS), a growing international network of dealers committed to providing expert care for hybrid and electric vehicles (HEVs), announced today that it has successfully closed on a growth investment by a Northern Virginia investment firm that manages approximately $4 billion in assets. Funds managed by the firm now own 38% of THS. THS was advised by Woodville Hall Capital, LLC, and Miles & Stockbridge, in this transaction.

THS, a global leader in hybrid and electric vehicle training, education and battery conditioning, has continued to expand its global network of expert dealer partners, as well as its relationships with industry leaders. In recent months, THS has also solidified key components of its business model as part of its future road-map to success, including:

• Driving customers, revenues, and profit by offering additional revenue streams and customer leads, THS signed 25 new dealer partners in the past year and generating more than $5 million in leads;
• Projections to add 10 more dealer partners to the THS network before the end of 2014; and
• Exponential market growth and expansion, including a focus on international markets, including Asia.

This investment news underscores the extent to which THS has continued to succeed in its goals to achieve leadership across the hybrid and electric vehicle space, and serves as recognition by a multi-billion dollar firm in the potential the THS brand has already established as it continues its upward trajectory. THS plans to utilize this investment to support their ongoing organizational growth, bolster the operational resources and support available to their current network, and continue to build-out their national high quality network of ‘all things hybrid’ service centers.

“We are proud to announce this investment in THS by a leading, multi-billion dollar firm,” THS’ CEO, Dave Crawford said. “The fact that a multi-billion dollar investment firm would want to invest in an early stage company serves as affirmation of our brand, business model, and future potential as well as recognition of our success to-date in our ongoing efforts to achieve a position of innovation and fast-growth in the rapidly-evolving hybrid and electric space.”

About The Hybrid Shop (THS)

Founded in 2013 and headquartered in Gainesville, VA, The Hybrid Shop (THS) is a growing international network of high quality dealers that are committed to providing expert care for hybrid and electric vehicles by embracing the latest battery pack conditioning, hybrid technology and knowledge that is only available to licensed dealers. For additional information about THS, please visit www.thehybridshop.com. Also, follow THS on Facebook, Twitter, and YouTube.