Sales Performance International, LLC (“SPI”), headquartered in Charlotte, North Carolina, is a sales and marketing management consulting firm. SPI has helped enable the world’s leading corporations to drive sustainable revenue growth through sales performance improvement. Since 1988, SPI has been the leader in helping global companies successfully transition from selling products to marketing and selling high value solutions. With deep industry and sales performance improvement expertise, broad global resources and a proven track record, SPI collaborates with clients to deliver strategic, operational and tactical solutions in a pragmatic way. SPI’s customers include: Microsoft, Heineken, Hitachi Data Systems, Manpower, IBM, WIX, and MC.

Merit provided subordinated debt with warrants to finance the acquisition of SPI by management.