Proxibid Signs Exclusive Partnership with UK Auction Powerhouse Brown & Co., Advances International Presence

OMAHA, Neb.–(BUSINESS WIRE)–#auctionProxibid,
the most trusted way to connect buyers and sellers of highly valued
items, and Brown & Co., the leading auctioneer of genuine “off farm”
agricultural equipment by online timed auction in the UK and Europe,
have joined forces to bring Brown & Co.’s live and timed auctions online
to buyers around the world. Under the agreement, Proxibid will be the
exclusive provider of online bidding for Brown & Co. with offices in
England, Poland, Romania, and the Caribbean.

Since opening its London office in July 2014, Proxibid has worked with
several leading auction companies including Silverstone Auctions and
British Medical Auctions. The partnership agreement with Brown & Co.
further signals momentum in global markets as Proxibid continues to
develop more features for sellers and buyers.

Brown & Co.’s first auction on Proxibid is already available and will be
conducted in a timed, online-only format. The sale, closing on April 24
at 12pm BST, will feature farm machinery, implements, and accessories,
and includes a low 2% internet premium.

Featured items available in this auction include:

“Not only does Proxibid provide a robust and flexible technology
solution, but the platform integrates marketing and support to take
auctions to a global audience,” said Simon Wearmouth, Partner of Brown &
Co. “The online security of our buyers is of utmost importance, and
Proxibid provides a safe online buying environment for all parties.”

Proxibid’s platform leads the industry with a sophisticated risk
management system, designed to ensure buyers and sellers are safe when
transacting online. In addition, Proxibid enables transactions using
four flexible sales methods: live auction, timed auction, buy now, or
make offer.

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About Proxibid

Proxibid provides auction companies and asset owners with access to the
most trusted way to buy and sell highly valued items online. More than
$4 billion in inventory passes through the Proxibid platform annually via
live and timed auctions, and Buy Now and Make Offer transactions, across
15 categories including: heavy equipment, industrial machinery, real
estate, fine art, antiques and collectibles, and more.

Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in
South Sioux City, NE and London. For more information about Proxibid,
please visit www.proxibid.com.

Contacts

Proxibid
Media Contact:
Carly Docter,
402-991-4763
Carly.Docter@proxibid.com

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