Purchasing Power is a voluntary benefits company, offering employee purchase programs for consumer products and services as well as providing financial tools and resources to improve employee financial wellness. Purchasing Power is available to millions of people through large companies including Fortune 500s, associations and government agencies. Headquartered in Atlanta, Purchasing Power is ‘Powering People to a Better Life™’ through its employee purchase program, financial literacy efforts and corporate social responsibility initiatives.
Location: United States, Georgia, Atlanta
Employees: 201-500
Total raised: $120M
Founded date: 2001
Investors 2
Date | Name | Website |
- | Flexpoint ... | flexpointf... |
- | Bregal Sag... | sagemount.... |
Funding Rounds 1
Date | Series | Amount | Investors |
07.07.2022 | - | $120M | Comvest Pa... |
Mentions in press and media 14
Date | Title | Description |
16.07.2024 | Purchasing Power® Releases New eBook to Support Retail Industry Talent Recruitment and Retention | Retail Industry Financial Wellness eBook is the Latest Publication in the Financial Wellness Voluntary Benefits Company's Series of Industry Research Reports ATLANTA, July 16, 2024 /PRNewswire/ -- Purchasing Power, a financial wellness volu... |
07.07.2022 | Comvest Credit Partners Announces New $120 Million Investment in Purchasing Power | West Palm Beach, Fla. – Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a new $120 million senior secured credit facility (th... |
07.07.2022 | Comvest Credit Partners Announces New $120 Million Investment in Purchasing Power | WEST PALM BEACH, Fla., July 07, 2022 (GLOBE NEWSWIRE) -- Comvest Credit Partners (“Comvest”), a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a new $120 million s... |
29.04.2021 | Rick Juraschek Named Mid-Atlantic Regional Sales Director at Purchasing Power® | |
03.03.2021 | Ron Oertell Joins Purchasing Power® as Chief Financial Officer | |
08.12.2020 | How to put a new spin on holiday celebrations this year | (BPT) - COVID-19 restrictions mean the holiday season will be different this year, but that doesn't mean you have to become a Grinch. Although extensive travel, large group gatherings and many traditional activities can't happen, you can fi... |
08.12.2020 | How to put a new spin on holiday celebrations this year | (BPT) - COVID-19 restrictions mean the holiday season will be different this year, but that doesn't mean you have to become a Grinch. Although extensive travel, large group gatherings and many traditional activities can't happen, you can fi... |
24.10.2018 | Purchasing Power Acquires Atlanta Fintech Startup DoubleNet Pay | Atlanta's Purchasing Power, an employee purchase program offered as a voluntary benefit, has acquired DoubleNet Pay, Inc., an Atlanta-based fintech startup. According to Purchasing Power representatives, the acquisition closed on Sept. 28 a... |
12.06.2017 | Keystone Power Holdings launches $35 million solar fund | Keystone Power Holdings LLC has established a solar investment fund, KPH Solar Farms Fund I, to finance small-scale solar projects. The investment fund will enable Keystone to expand its solar asset ownership into several targeted U.S. mark... |
08.12.2016 | Term Sheet — Thursday, December 8 | ET CETERA KKR has raised $711 million for a new growth equity technology fund called Next Generation Technology Growth Fund. A few notes based on a back-and-forth with David Welsh, the partner leading the effort who joined KKR in October fr... |
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