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Perficient, Inc. is a global digital consultancy company based in
St. Louis, Missouri.[2] The company's efforts include
enterprise mobile applications, creative services, marketing, digital strategy,[3] Internet of Things,[4] information technology,
management consulting, custom development, and platform implementations.
The company was founded in Austin, Texas in August 1997 by Bryan Menell. The first investors in the company were
Steve Papermaster and David Lundeen. The company secured its first channel partnership with
Vignette, a provider of content management systems.
The company held its
initial public offering (IPO) on July 29, 1999. In December 1999, the company completed its first acquisition of LoreData based in New London, Connecticut. In May 2000, Perficient acquired Compete, Inc.[7]
Jack McDonald became CEO of Perficient in 1999 and chairman in 2001. McDonald served in both positions until 2009.[9] According to the St. Louis Business Journal in August 2009, "during the second quarter, Perficient lost $196,000 on $44.9 million in revenue, compared with a $3.9 million profit on $59.1 million in revenue during the same period last year" (in 2008).[10]
Jeffrey Davis became Perficient's COO in 2001 and president in 2003.[11] Davis was named CEO in September 2009.[10] During Davis' tenure as CEO, the firm transitioned from the Nasdaq SmallCap Market to the Nasdaq Global Select Market.[5] In October 2023, Jeffrey Davis became the executive chairman for Perficient, turning over the chief executive officer position to Tom Hogan.
[15]
In May 2024, Perficient agreed to be acquired by Swedish
private equity firm
EQT AB in a $3 billion all-cash deal.[12]
Perficient has been expanded into multiple regions such as the
United States,
Latin America,
Europe, and
India with more than forty office locations around the globe. The company has acquired firms across the globe to widen their presence. With their expansion in
Colombia, Perficient increased their global capabilities and now has offices in
Argentina,
Chile,
Colombia, and
Uruguay. Perficient has offices in five major cities in India:
Bangalore,
Chennai,
Hyderabad,
Nagpur and
Pune.[54] Perficient also has European offices in
Serbia,
Romania, and the
United Kingdom.