January 2020
Performance Improvement Partners
CG Petsky Prunier Advises Private Equity-Focused Consultant Performance Improvement Partners on its Sale to Erie Street
CG Petsky Prunier is pleased to announce it has advised Performance Improvement Partners, the country’s leading technology solutions firm exclusively serving the private equity industry, on its sale to Erie Street.
Erie Street is a Chicago-based, independent advisory firm leveraging its operational heritage and entrepreneurial spirit to work with founders and management teams to achieve next-level growth. The acquisition of Performance Improvement Partners further spans Erie Street’s offerings, which include corporate advisory services in private equity as well as business services; go-to-market strategies that allow for the creation of new products, pricing, and brand narratives; in addition to its operational and managerial expertise.
Since its founding in 2003, Performance Improvement Partners has grown its reputation for developing, implementing, and monitoring innovative yet pragmatic value-based technology solutions that manage risk, streamline operations, and create value for businesses. Performance Improvement Partners offers a number of specialized practices to meet private equity and portfolio company needs and represents more than 230 of America's most respected private equity firms.
As part of the acquisition, Performance Improvement Partners will keep its name and operate as an Erie Street company. Founder John Bisack will retain his leadership role as president of Performance Improvement Partners, as well as become a managing director of Erie Street’s expanding advisory business.
Erie Street is led by founder, chairman, and CEO Terry Graunke, a proven leader in the business services, marketing services, and digital communications industries. With Performance Improvement Partners and the addition of its IT consulting services, Erie Street is creating an even more comprehensive offering, as well as strengthening its ability to design and deliver growth in highly disrupted business environments.