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Broniec Associates history
Broniec Associates company history timeline
Cook left May to become involved in a start-up, but returned for a second stint in 1982, joining May's Kaufmann's Department Store division as vice-president of control.
In 1987 the company also topped the $100 million mark in annual recoveries for the first time.
Also in 1995 the company greatly expanded its United States business by acquiring competitor Fial & Associates.
In 1998 PRG also acquired Loder, Drew & Associates, which focused on commercial and industrial firms, and Robert Beck & Associates, focusing on grocers.
A critical report published in a December 1999 hedge-fund subscription newsletter by Off Wall Street Consulting Group in Cambridge, Massachusetts, led to a sell-off in PRG's stock.
Management was able to reassure investors and the stock price rebounded, but missed quarterly projections in 2000 led to further decreases in the price of PRG stock.
When the results of 2004 were tallied, PRG-Schultz recorded another drop in revenues, to $356.9 million, while losing $71.5 million.
2005: Cook announces his retirement.
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Broniec Associates competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| AP Recovery | 1994 | $7.2M | 125 | - |
| Revenew International | 1999 | $5.1M | 50 | 3 |
| Capincrouse Llp | - | $2.3M | 30 | 5 |
| BDO USA | 1910 | $1.8B | 7,330 | 516 |
| Grant Thornton | 1924 | $1.9B | 8,501 | 1,128 |
| Veris Consulting, Inc. | - | $670,000 | 50 | 2 |
| Williams Benator & Libby, Llp | - | $11.0M | 49 | - |
| MGO (Macias Gini & O'Connell LLP) | 1987 | $33.4M | 150 | 39 |
| National Future Mortgage | - | $420,000 | 2 | - |
Broniec Associates history FAQs
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