Profit Recovery Partners Announces Formation of Practice Groups & Continued Growth

COSTA MESA, Calif., April 13, 2011 /PRNewswire/ -- Today, Profit Recovery Partners (PRP) announced another important step in the company's growth with the formation of 3 practice groups: Legal Resources, Office Products and Telecommunications.  Each is led by individuals with significant expertise and years of experience.  The Legal Resources Group will be led by Kris Martin, Director.  Kris has been with PRP for 9 years, serving most recently as a Project Manager, and has generated over $196 million in client savings.  Mike Netter, Director, Office Products Group, brings to PRP over 29 years of experience in the office products industry, most recently with Staples.  Rick Cheshier, Director, Telecommunications Group, brings 25 years of experience in the telecommunications industry to PRP.  A second generation telecom professional, Rick’s career started in Outside Plant engineering and he quickly moved up to Vice President of Sales/Product Development/Marketing. He co-founded TelNet, Inc., a CLEC and CPE provider, which was acquired in 1993.  In addition, PRP announced a record quantity of new clients in Q4, 2010 and Q1, 2011 driven by strong demand and performance.  This positions PRP for further growth and employment opportunities in 2011.

"Our clients continue to demand the greatest results and with these new practice groups we have already seen an increase in the savings we provide our clients, further creating separation between PRP and other companies providing a similar service," said Bill Carpou, Executive Vice President, PRP.  "In addition, it provides us an opportunity to increase value to our existing clients and advance into specific vertical markets such as legal, private equity, medical, insurance and finance."

"April marks our 14th anniversary, and I am proud of our accomplishments to date," said Donald Steiner, Chief Executive Officer, PRP.  "As we continue to execute on our growth strategy, the practice group concept will be a cornerstone providing PRP with the best in class expertise inside the broadest portfolio in the industry."

About Profit Recovery Partners, LLC

Profit Recovery Partners, LLC (PRP) is a national consulting organization headquartered in Costa Mesa, California specializing in the development, implementation and support of administrative expense reduction solutions for Fortune 1000 companies.  Since its inception, PRP has served its clients by applying proprietary procurement management methodologies, and by leveraging unique vendor knowledge and purchasing power.  For more information, please visit www.prpllc.com or call (877) 484-7776.

SOURCE Profit Recovery Partners