Cydcor Inc. announced today that the company set new milestones for success in 2007 with record sales growth, expansion of its independent network to more than 200 sales offices, as well as the largest sales force and highest client retention in the company’s history.
Cydcor’s growth was energized in 2007 through investments in the company by Golden Gate Capital, a San Francisco-based private equity firm; JP Capital Partners, a Los Angeles-based private equity firm; Gary Polson, the company’s chief executive officer and Jim Majeski, Cydcor president. “This has been a rewarding year for Cydcor due to the growing needs of the Fortune 500 companies that have come to rely upon us to extend their sales outreach and business performance,” Polson said.
“With the expansion of the Cydcor network of independent offices and the skill and follow-through of more than 2,700 sales representatives, we expect our momentum and differentiated programs will extend our direct sales leadership into 2008.”
With more than 200 independent sales offices in 36 states and Canadian provinces, Cydcor has expanded market coverage by more than 12 percent annually in the past four years. That growth, and the millions of face-to-face sales calls sales representatives make each year, factored into Cydcor’s best-year ever in terms of sales generated for its clients, which include AT&T, Verizon, Quill, Intuit and more.
“We are business partners with our clients and we earn their trust each day by being ambassadors for their brands,” Polson said. “Cydcor values its longstanding client relationships and boasted record retention of our existing clients in 2007.”
About Cydcor Inc.
Cydcor Inc. is the leading provider of outsourced, face-to-face sales teams to a diverse client base of companies in a range of industries, including telecommunications, office products, retail energy and financial services. Cydcor works with a network of independently owned corporate licensee sales offices providing clients with access to more than 3,000 sales professionals and 200+ offices in North America. The privately held company is based in Westlake Village, Calif.
Gail Michalak, 818-706-9500