Performance Development Group Acquires effectPerformance, Inc., a Leading Provider of Custom Learning Solutions
MALVERN, P.A., July 1 – Performance Development Group (PDG) announced today that it has completed the acquisition of effectPerformance, Inc. (EP), Dr. Gus Prestera, President of EP, will become a Partner at PDG, member of the PDG leadership team, as well as steward the integration of his former company into PDG.
Under the terms of the agreement, PDG will acquire EP for an undisclosed amount of cash and stock. The acquisition is expected to immediately add to PDG’s top line revenues, as well as increase PDG’s capacity to deliver high quality solutions.
Malvern, PA-based PDG, already a leading provider of performance consulting, training and communication solutions, interactive marketing and staff augmentation services, becomes even larger following the acquisition of effectPerformance and a more scalable organization with the addition of EP’s capabilities.
EffectPerformance is a full-service provider of custom training solutions. Founded in 2003, EP provides clients with custom training solutions for workplace learning. “As we bring the two organizations together,” said EP founder Gus Prestera, “we’ll be able to offer clients access to the top minds in the industry, best-in-class services, and an unmatched dedication to helping those organizations succeed.” The company’s client roster includes many of the world’s leading companies including Morgan Stanley Smith Barney, Corning, EDS, Merck, and Comcast.
“In today’s competitive marketplace, our clients are increasingly outsourcing their workforce performance initiatives to increase quality, shorten time-to-value and reduce costs,“ said David A. Manning, Managing Partner and Founder of Performance Development Group,” effectPerformance has established a tremendous reputation in the marketplace that is distinguished by solid long-term relationships and superior quality. The addition of EP’s customers, people and systems will significantly expand our learning services capabilities, while also adding key Fortune 500 clients.”
Gus Prestera will assume the newly created position of Executive Director of Client Services and will assume responsibility for all of PDG’s Client Services, including performance consulting, project management, solutions design & development, and quality assurance.
About Performance Development Group
Performance Development Group is a leading Performance Improvement Agency that delivers strategy and solutions through interactive training, communication, and digital marketing experiences that ignite performance and catalyze behavior change for companies and their customers.
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If you’d like more information, or to schedule an interview with David Manning, please call 610-827-9595 or e-mail email@example.com