July 28, 2016 9:23 AM ET

Professional Services

Company Overview of Profit Recovery Partners, LLC

Company Overview

Profit Recovery Partners, LLC, a professional services company, develops, implements, and manages cost reduction services. It specializes in the development, implementation, and management of administrative expenses reduction services. The company also provides services in the areas of spend management, supplier management, and procurement strategies. In addition, it offers review services in the areas of savings analysis services; contract observation services; labor resource assessment services; and assessment of purchasing leverages, savings verification, and industry knowledge services. The company serves Fortune 1000 companies, law firms, private equity firms, and private companies, as ...

2995 Red Hill Avenue

Costa Mesa, CA 92626

United States

Founded in 1997





Key Executives for Profit Recovery Partners, LLC

Founder, Chief Executive Officer and President
Chief Operating Officer
Executive Vice President of Practice Groups
Chief Information Officer
Director of Human Resources
Compensation as of Fiscal Year 2016.

Profit Recovery Partners, LLC Key Developments

Profit Recovery Partners, LLC Names Darren Phipps as Partner

Profit Recovery Partners, LLC (PRP) announced its newest Partner, Darren Phipps, in recognition of his significant contributions to the company’s success. Phipps, who has been with PRP since 2002, currently serves as Vice President, Solutions Management. During his 13-year tenure, Phipps has worked his way through the ranks, serving in a number of roles, including Managing Director and Senior Director. After being promoted to Vice President, Solutions Management in July 2014, Phipps took on additional responsibility for the management and enhancement of the company’s client services programs.

Profit Recovery Partners, LLC Announces Executive Promotion

Profit Recovery Partners, LLC announced that Tyler Brower and Mike Solis have taken on new leadership roles as the company evolves its business offerings to meet changing client needs. Tyler Brower, who has successfully grown several practice areas during his 13 years with PRP, has been named Senior Director, Research and Information Services, Personnel Services and Print Practice Groups. In this role, he will be responsible for growing the company's Research and Information Services Practice Group, which has gained significant momentum following recent engagements with six top law firms. With regard to Personnel Services, Brower will oversee technology innovations that will allow PRP to electronically monitor vendor compliance and performance, an area gaining attention as clients become more aware of the potential liabilities associated with contract labor. Mike Solis, who has been named Director, Business Analytics and Document Management, is an experienced consultant who has helped clients achieve more than $35 million in annual savings during his 12 years with PRP. He has been charged with establishing the vision and strategy for the company's new Business Analytics team, which was formed to address clients' growing needs for real-time information and reporting. Leveraging PRP's vast data resources, the team provides insight that helps clients make business decisions with greater confidence and efficiency. Solis will also oversee the Document Management Practice Group, a rapidly growing area that has experienced record year-to-date financial performance.

Michael Lowe Joins Profit Recovery Partners, LLC As Director, Logistics And Office Products Practice Groups

Profit Recovery Partners, LLC announced that Michael Lowe has joined the company as Director, Logistics and Office Products Practice Groups. Lowe brings a deep financial background and extensive experience handling major accounts, field sales and operations. He will lead a multi-disciplinary team that assists PRP's clients in evaluating savings opportunities, negotiating contracts and implementing cost savings. Lowe comes to PRP after serving as National Director of Inside Sales for Ricoh Americas for the past seven years. His background also includes several sales leadership roles with IKON Office Solutions.

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