COSTA MESA, Calif., Feb. 12, 2018 (GLOBE NEWSWIRE) -- Profit Recovery Partners, LLC (PRP) announced today that it has achieved more than $4.4 billion in cumulative savings for its clients since the firm’s inception. The company also announced that it grew by 16% from 2017 to 2018.
PRP also announced its growth plan for 2018, which includes expanding its services to keep pace with its growing clients. The average size of PRP’s clients has increased to roughly $1-$10 billion in revenue. Average savings per client has also increased to $2 to $6 million, a new record for the company. PRP plans to continue the momentum by growing its scope of services with its largest clients by 20-30%, and investing 100 hours per week on staff training and professional development, including training seminars from PRP founder and CEO Don Steiner.
PRP President Jeremy Linehan said on the news: “We’re extremely proud of this latest milestone that PRP has achieved for its clients. As our clients grow, PRP has continued to grow with them to provide them with the highest levels of service and deliver millions of dollars in G&A cost savings year after year.”
About Profit Recovery Partners, LLC
Profit Recovery Partners, LLC (PRP) develops, implements, and manages cost reduction solutions for Fortune 1000 companies, law firms, private equity firms, and private companies throughout North America. Its industry experience and more than $2.4 billion in annual managed spend, as well as its program for ongoing support and verification, drive PRP’s continued commitment to award-winning service. PRP’s spend management, supplier management, and procurement strategies have resulted in more than $4.4 billion in client savings. To learn more, visit www.prpllc.com or call 877-484-7776.