Perficient
| Company type | Public (until 2024 acquisition) |
|---|---|
| Industry | Digital consulting, IT services |
| Founded | August 1, 1997 in Austin, Texas, United States |
| Founder | Bryan Menell |
| Headquarters | St. Louis , United States |
Area served | Worldwide |
Key people | Tom Hogan (CEO), Jeffrey Davis (Executive Chairman) |
| Products | Enterprise mobile app development, creative solutions, marketing, digital strategy, IoT integration, IT advisory services, software development, platform deployment |
| Parent | EQT AB (since October 2024) |
Perficient, Inc. operates as an international digital consulting firm with its main office located in St. Louis, Missouri. The organization offers expertise in enterprise mobile app development, creative solutions, marketing initiatives, digital strategy formulation, Internet of Things (IoT) integration, IT advisory services, bespoke software development, and platform deployment. Its engagements typically emphasize business intelligence and collaborative portal solutions, all supported by a worldwide operational footprint.
History
Established in Austin, Texas in August 1997 by entrepreneur Bryan Menell, Perficient obtained initial funding from investors Steve Papermaster and David Lundeen. The company’s earliest channel alliance was formed with Vignette, a content management system provider.
Perficient became publicly traded on July 29, 1999. Shortly thereafter, it expanded its capabilities and market presence through acquisitions including LoreData (1999), Compete, Inc. (2000), and Vertecon Inc. (2001).
Jack McDonald led the company as CEO from 1999 until 2009, guiding substantial expansion despite economic difficulties during the 2008 financial crisis. Jeffrey Davis joined as COO in 2001, advanced to president in 2003, and took over as CEO in 2009. Under Davis’ leadership, Perficient achieved listing on the Nasdaq Global Select Market.
In October 2023, Davis transitioned to the role of executive chairman while Tom Hogan was appointed CEO. In May 2024, Perficient consented to a $3 billion all-cash acquisition by EQT AB, a Swedish private equity firm; this transaction was finalized in October 2024 and represents a significant development in the company’s ownership structure and investment profile.
Acquisitions
| Company | Date |
|---|---|
| LoreData | December 1999 |
| Compete, Inc. | May 2000 |
| Vertecon | October 2001 |
| Javelin Solutions | October 2001 |
| Genisys Consulting, Inc. | April 2004 |
| Meritage Technologies | June 2004 |
| Zetta Works, LLC | March 2005 |
| iPath Solutions | June 2005 |
| Vivare | September 2005 |
| Bay Street Solutions | April 2006 |
| Insolexen | May 2006 |
| EGG | July 2006 |
| E Tech Solutions | February 2007 |
| Tier 1 Innovation, LLC | June 2007 |
| BoldTech Systems, Inc | September 2007 |
| ePairs | November 2007 |
| Kerdock Consulting | March 2010 |
| speakTECH | December 2010 |
| Exervio, Inc. | April 2011 |
| JCB Partners LLC | July 2011 |
| Point Bridge Solutions | February 2012 |
| Nascent Systems | June 2012 |
| Northridge | July 2012 |
| Core Matrix Systems | May 2013 |
| TriTek Solutions | May 2013 |
| ForwardThink Group | February 2014 |
| BioPharm Systems | April 2014 |
| Zeon Solutions, Inc. | January 2015 |
| Market Street Solutions, Inc. | September 2015 |
| Enlighten | December 2015 |
| Bluetube | October 2016 |
| RAS & Associates | January 2017 |
| Clarity Consulting | June 2017 |
| Southport Services Group | April 2018 |
| Stone Temple Consulting Corporation | July 2018 |
| Elixiter, Inc. | October 2018 |
| Sundog Interactive | May 2019 |
| MedTouch LLC | January 2020 |
| Brainjocks | March 2020 |
| PSL | June 2021 |
| Talos Digital | September 2021 |
| Overactive | October 2021 |
| Inflection Point Systems | September 2022 |
| Ameex | October 2022 |
| SMEDIX, Inc. | January 2024 |
This record of acquisitions underscores Perficient’s proactive growth strategy and strong leadership focus on broadening its market influence and global reach through carefully selected purchases within consulting services, IT solutions, and digital marketing domains.
Global expansion
Perficient maintains a presence across various continents, including North America, Latin America, Europe, and Asia, with more than forty offices worldwide. The company's market footprint has grown through targeted acquisitions, notably in Colombia, strengthening its service capabilities throughout Argentina, Chile, Colombia, and Uruguay. In India, Perficient operates offices located in five major cities: Bangalore, Chennai, Hyderabad, Nagpur, and Pune. Its European network comprises offices situated in Serbia, Romania, and the United Kingdom.