Performio Announces Major Growth in North America
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IRVINE, Calif., Feb. 17, 2021 /PRNewswire/ -- Performio, the leading enterprise-grade incentive compensation management software solution, has announced 110% growth in North America for FY2020, the first full year of operations since being acquired in June 2019 by Stables Partners.
Performio Announces Major Growth in North America
Performio, the leading enterprise-grade incentive compensation management software has grown 110% in North America.
Stables Partners is a seasoned group of long-term investors and operators with a history of success in investing and growing enterprise software companies. After evaluating the incentive compensation market, they decided to purchase Australia-based Performio with the goal of continuing its market leadership in APAC and growing its presence in North America. As part of the acquisition, Stables Partners' Managing Directors, Grayson Morris and Luke Teeple, have stepped in to lead the company and the company's headquarters were relocated to Irvine, California. Performio has retained its Melbourne-based team and has continued to build on its dominant presence in APAC by adding strategic roles in Product, Engineering, and Professional Services. David Marshall, Performio's founder, remains in a senior leadership role in the company.