Press Release

Purchasing Power LLC was recently named a 2010 Georgia Trend “Fast 40” company based on its consistent revenue and employment growth. Purchasing Power was ranked sixth on the list of large, mid-market companies in the Georgia Trend magazine’s July issue. Purchasing Power offers an employee purchase...

Recognized for Second Year in a Row as One of Atlanta’s Fastest-Growing Companies Purchasing Power LLC received an Atlanta Business Chronicle 2010 Pacesetter Award, along with recognition as one of Atlanta’s fastest growing private companies. Today announced that the company’s 2009 revenue exceeded...

Purchasing Power today announced that the company’s 2009 revenue exceeded $107 million, a 42 percent growth over 2008. The company, which offers an employer-sponsored benefit program that allows consumers to purchase name-brand items through payroll deduction, exceeded 2009 revenue goals by 7...

Purchasing Power announced today a partnership with Junior Achievement (JA) of Georgia. Richard Carrano, president and CFO of Purchasing Power, has joined the organization’s board of directors. “Purchasing Power chose Junior Achievement as a partner because of the shared values of commitment,...

Two Purchasing Power LLC executives were recently honored for their business achievements and community service by Atlanta-based business publications. President and CFO Richard “Ritt” Carrano received a “40 under 40” award from Georgia Trend and Vice President of Sales and Marketing Elizabeth...

Purchasing Power LLC has launched a completely rebuilt Web site at www.PurchasingPower.com . The site’s foundation was completely rebuilt from scratch to provide greater stability and scalability, which will allow for a more modern online shopping experience. As an employee purchase program that...

Purchasing Power LLC has closed a new $40 million credit facility with Bank of America Business Capital , which will allow the Atlanta-based business to continue expansion and increase its offerings to consumers. The facility contains a $20 million accordion feature that enables it to grow to $60...

Purchasing Power LLC received an Atlanta Business Chronicle 2009 Pacesetter Award, along with recognition as one of Atlanta’s fastest-growing private companies. The Atlanta Business Chronicle honors the city’s top privately-held businesses each year. Companies must be based in the Atlanta metro...

Many full time working adults whose company provides them with employee benefits say they would be at least somewhat likely to purchase computers (45%) and home appliances (37%) through payroll deduction at work if the option were available. The recent nationwide survey of 868 working U.S. adults...