Probrand claims that its e-procurement system helps customers to save time and money. It compares prices on 110,000 IT products, ranging from memory sticks to fully implemented networks. The Birmingham company says it has about 2,000 customers, mostly in the public sector, and has launched a security division to help its public-sector clients avoid fines for losing data. Managing director Peter Robbins and finance director Chris Griesbach, who were childhood friends, founded the company in 1992. Sales rose 46% a year from £18.6m in 2006 to £57.6m in 2009.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.