DUBLIN, Ohio, Jan. 10, 2019 /PRNewswire-PRWeb/ -- Infoverity, a leading systems integrator and global professional services firm, announced today that it has completed a transaction that will transition the company to a 100% employee-owned organization. With the implementation of an Employee Stock Ownership Plan (ESOP), Infoverity founder and owner, Matt Wienke, will sell and transfer stock to a qualified retirement trust that will annually distribute the stock to each eligible employee. Infoverity's current management and operating structure will remain intact. Matt Wienke will continue to serve as President, have a long-term vested interest in the company, and will also serve on the Board of Directors.
Founded in 2011, Infoverity continues its journey of profitable growth. With staff located in 12 states and five EMEA countries, the firm leverages its diverse product knowledge and strategic partnerships through personal relationships. The same team members that clients and partners know by name are now becoming owners of Infoverity.
According to Matt Wienke, Infoverity's President, "We have always been a people-centric company focused on long-term success. This transition allows our employees to participate in the benefits of ownership in a way that aligns with the culture we have created since the beginning. What's more, this enhances our ability to attract and retain the very best talent. Quality and stability of talent translates directly to the creation of value for our clients and partners. This evolution of ownership further strengthens our team's commitment to high performance and provides a broader foundation for continued growth. "
"At Infoverity, we simplify information and make it useful," Wienke added. "We believe the ESOP is another strategy to further align the interests of our team, partners and clients. This win-win-win thinking has always been central to our firm's approach."
About Infoverity
Founded in 2011, Infoverity is a leading systems integrator and global provider of Master Data Management (MDM), Product Information Management (PIM) strategy and implementation, next generation analytics, managed services and hosting solutions that help large enterprises in the retail, consumer goods, manufacturing, financial and healthcare sectors to simplify and maximize the value of their information. Infoverity is on the Inc. 5000, and is recognized by IDG's Computerworld as one of the Best Places to Work in IT, as a Wonderful Workplace for Young Professionals and as a Best Place to Work by Business First. Infoverity's global headquarters is in Dublin, Ohio, the EMEA headquarters is in Valencia, Spain and additional offices are located in the United Kingdom, France, Germany and Russia. For more information on Infoverity solutions, visit Infoverity.com, follow @Infoverity on Twitter, or contact us today.
SOURCE Infoverity
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