Los Angeles, Oct. 15, 2024 /
STAND 8, a leading technology staffing and consulting services provider, proudly announces its first-ever acquisition, marking a major milestone as the company celebrates 15 years in business. With the acquisition of Peergenics, a premier Salesforce consulting firm, STAND 8 expands its capabilities to deliver end-to-end Salesforce solutions. This acquisition enables STAND 8 to offer more comprehensive solutions for its Fortune 100 and multinational clients, further solidifying its presence in the technology consulting industry.
Over the past 4 years, STAND 8 achieved an impressive 340% revenue growth, expanding to 378 employees across 30 states and 5 countries. The business is on track to grow a further 25% over the 2024 fiscal year. With new client partnerships established across diverse sectors, the company continues to demonstrate its commitment to delivering cutting-edge technology and staffing solutions that fuel client success.
Quinn Fillmon, CEO of STAND 8, expressed his excitement about the acquisition:
"Bringing Peergenics into the STAND 8 family is a strategic move that aligns with our vision to be a comprehensive provider of innovative technology solutions. By integrating their Salesforce expertise, we can offer even more value to our clients, helping them transform and innovate faster."
Tom Verratti, President and CFO of Peergenics, added:
"Peergenics has found the perfect home with STAND 8. Its great culture, formidable resources, and exceptional team provide Peergenics the means and support to accelerate its growth while maintaining the high standard of service that its clients expect."
Peergenics: Pioneering Salesforce Solutions
Founded in 2017, Peergenics has rapidly become a top-tier Salesforce Certified Consulting Partner, delivering nearly 1,000 successful projects to 296 clients. With a 4.9/5 star rating on Salesforce AppExchange, Peergenics excels in implementing advanced Salesforce solutions, including Data Cloud, AI-powered tools like Einstein Copilot, and Marketing Cloud Growth.
A Journey of Growth and Innovation
STAND 8 has grown from a staffing agency to a global leader in technology services, offering a wide range of solutions, including cloud services, automation, and data analytics. The company's evolution includes:
2009: Established as a technology staffing company
2015: Expanded into consulting services
2018: Launched cloud and infrastructure services
2020: Introduced data analytics and machine learning capabilities
2024: Acquired Peergenics, expanding Salesforce solutions
Read the full press release in Yahoo's Finance News here!
About STAND 8