ST. PAUL, Minn., Jan. 14, 2016 /PRNewswire/ -- Augeo, a North American leader in engagement marketing, customer and small business loyalty platforms, and employee incentive and recognition solutions, today announced that it has completed the acquisition of Performance Plus Marketing (PPM), a successful loyalty platform provider and engagement agency based in Roswell, GA.
PPM develops, operates and manages B2B loyalty and incentive programs, specializes in channel incentives, and develops/deploys large-scale promotions for new product launches, in particular in the pharmaceutical space. In addition, over the past two years PPM introduced Ideas at Work™, a unique employee engagement campaign solution that identifies and drives the implementation of cost reduction and revenue generating ideas developed by the employee base. Through Ideas at Work, many clients have realized significant savings, including a hospital in the Southwest that achieved over $6 million in savings in one year.
Known for its strength in comprehensive and data-driven loyalty programs, including card-based financial institution solutions and POS level transaction programs, this acquisition will expand Augeo's already significant presence and client base in B2B incentives, where Augeo currently manages loyalty and engagement programs for many industry leading companies.
"The Performance Plus team has built a very impressive company over the past 18 years and we are dedicated to continuing the highest level of performance for PPM's clients," commented David Kristal, Augeo CEO. "In addition, as we look at our growth opportunities, we will be adding the PPM technology platforms as an additional offering in our loyalty solutions portfolio, providing a more diverse set of options for our clients and their customer/channel loyalty program needs."
"Joining Augeo will allow us to continue the important work we do with our current clients, plus it will position us to continue to deliver new and innovative solutions as our clients' needs and goals evolve with the changing market," added Tom Wessling, EVP PPM. "We are excited to further develop our Ideas at Work product with the Augeo team and together have identified several opportunities for 2016 and beyond. Equally exciting for our team is the alignment of cultural values and client centric operating philosophy."
While Augeo's headquarters are in St. Paul, MN, all PPM operations will remain intact with the current account, technology and customer support teams working out of the Roswell, GA office.
Augeo is a nationally recognized leader in engagement, loyalty and incentive platforms with a focus on developing new solutions and innovative technology for clients and their customers. Augeo operates separate business units in consumer and SMB loyalty, financial institution loyalty, employee recognition, affinity insurances, membership benefit solutions and agency/branding services. Augeo serves both domestic and international programs and currently supports 55 countries in 8 languages. Headquartered in St. Paul, MN, Augeo also has offices in the metropolitan areas of Chicago, Boston, New York, and Phoenix.
For more information, visit augeomarketing.com.
About Performance Plus Marketing
Founded in 1996, Performance Plus Marketing, LLC, designs and implements customized, creative solutions for a wide range of industries and companies. PPMs platforms and teams deliver flexible and successful engagement and suggestion programs, sales incentives, product launches and training programs designed to increase sales, revenues and savings for clients.
For more information, visit performplus.com.