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VENTURA CAPITAL INVESTORS OFFERS TO ACQUIRE INTEGRATEC'S CBR SUBSIDIARY

 VENTURA CAPITAL INVESTORS OFFERS TO ACQUIRE
 INTEGRATEC'S CBR SUBSIDIARY
 SAN DIEGO, Sept. 24 /PRNewswire/ -- Ventura Capital Investors I L.P., a private investment partnership led by San Diego entrepreneur William Everly Jr., today announced its offer to purchase Integratec's Credit Bureau Reports Inc. subsidiary for an undisclosed amount.
 Everly is the president and chief executive officer of newly formed VEN-FINE Management Corp., a wholly owned unit of Fallbrook, Calif.-based Ventura Financial Co.
 Ventura Financial Co. with nearly 500,000 accounts is the largest non-bank purchaser of consumer credit card accounts in the world. Ventura Financial Co.'s interests include investments in the mobile communications industry through 50 percent-owned Ventura Communications Inc., portfolio analysis and due diligence services through Ventura Financial Service Co., private label credit card products, vehicle and small ticket equipment leasing, foreclosure services, check guarantee services, software and technology consulting, credit card enhancement services and specialized single- tenant real estate acquisition.
 "Services like those provided by Credit Bureau Reports are important to our growth and continued profitability and it makes sense to take advantage of any opportunity to do what we do better," said Everly, "The mass marketing of specialized consumer credit products, such as bank cards and unsecured revolving lines of credit as well as Ventura's own AdvantageCARD are viewed to be our next logical step in business and this acquisition is a logical step toward that goal."
 Atlanta-based Integratec provides receivables management and third-party collection services to the bank card industry. Houston- based Credit Bureau Reports Inc. provides credit reports, screening and marketing services through a variety of subsidiaries around the country.
 -0- 9/24/92
 /CONTACT: William Everly Jr., president and CEO of VEN-FINE Management, 619-728-7725/ CO: Ventura Capital Investors I L.P.; Integratec; Credit Bureau
 Reports Inc.; VEN-FINE Management Corp.; Ventura Financial Co. ST: California, Georgia, Texas IN: FIN SU: TNM


AL-JN -- SD001 -- 2983 09/24/92 10:05 EDT
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Publication:PR Newswire
Date:Sep 24, 1992
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