Date: Feb 19, 2019 Author: Cecilia Salomone Source: Dayton Business Journal (
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A local data analytics firm will soon relocate as a result of the company's continued growth.
The Perduco Group, headquartered in Beavercreek, will move next month from its current 8,500-square-foot space at 3610 Pentagon Blvd., to a new 30,000-square-foot building at 2647 Commons Blvd. in the Acropolis complex.
Perduco Vice President and CEO Stephen Chambal said the decision to relocate was "driven by our growth." The company went from around 50 employees in 2016 to about 140 employees last year, and is expected to hire around 30 new workers at its headquarters in 2019.
Founded in 2011 by Chambal and President and CFO Toyzanne Mason, Chambal said the company took about five years after its start to "really figure out who we were and build our capabilities." In its first five years, Chambal said Perduco's reputation and vision had grown, resulting in 30 new hires between 2016 and 2017, and 50 new hires last year.
"Because we've had a rapid acceleration of growth, we're now out of space," he said, adding the company also has some of its employees in satellite offices apart from its current location.
Toyzanne Mason is president and CFO of The Perduco Group.
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Toyzanne Mason is president and CFO of The Perduco Group.
PHOTO COURTESY OF THE PERDUCO GROUP
Perduco will be the sole tenant at the new facility, which is currently under construction by Beavercreek-based Synergy & Mills Development. Chambal said the company will be a "dedicated tenant" of the building, and has signed a 10-year lease.
"We're confident in our growth outlook," Chambal said. "We're willing to be long-term tenants, and they're (Synergy & Mills) willing to build."
Perduco was one of two Dayton-area companies awarded grant money through the Greene County Community Improvement Corporation's Economic Development Incentive Program, along with Beavercreek defense contractor Radiance Technologies; the Dayton Business Journal previously reported Radiance will soon relocate to the College Park complex, adjacent to the Acropolis.
Chambal said the $50,000 received by Perduco will help to fund its new facility.
"We are very appreciative of how supportive Greene County has been," he said. "And we're a Beavercreek company."
Chambal said the new facility will bring all of Perduco's Dayton-area employees under one roof again, and will also allow Perduco to expand its work.
Stephen Chambal is vice president and CEO of The Perduco Group.
Enlarge
Stephen Chambal is vice president and CEO of The Perduco Group.
PHOTO COURTESY OF THE PERDUCO GROUP
"We'll be expanding our ability to support a broader range of clients," he said.
About two-thirds of Perduco's employees work at the Beavercreek headquarters, Mason said, with the remaining at various locations including Washington, D.C.; Colorado Springs; and San Antonio. Chambal said the company expects to double its overall employee count within the next few years.
Mason and Chambal declined to disclose the total cost of the relocation, but Mason described it as "a significant investment and commitment." Perduco's leadership also declined to disclose the company's revenue.
Additionally, Perduco was recently awarded its first major prime contract with the United States Air Force, a Small Business Innovation Research contract valued at $150 million. The company will assist the Air Force's Strategic Development Planning and Experimentation Office as part of a pilot program, developing an infrastructure roadmap to help boost the acquisition processes of both the Air Force and the Department of Defense. Previously, much of Perduco's work was as a subcontractor.
"It's significant, and has a big impact on our company," Mason said.
In addition to its work in data analytics, Perduco's services include software and application development and data architecture.
Perduco also recently handled a study on the economic impact of Wright-Patterson Air Force Base.
