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VENTURA CAPITAL INVESTORS OFFERS TO ACQUIRE INTEGRATEC'S C B R SUBSIDIARY

 VENTURA CAPITAL INVESTORS OFFERS TO ACQUIRE
 INTEGRATEC'S C B R 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.
 Mr. Everly is the president and CEO of newly formed VEN-FINE Management Corporation, a wholly owned unit of Fallbrook, Calif. based Ventura Financial Company.
 Ventura Financial Company with nearly 500,000 accounts is the largest non-bank purchaser of consumer credit card accounts in the world. Ventura Financial Company'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 Company, 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 opportunities to do what we do better," said Everly. "The mass marketing to 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 Corporation, 619-728-7725/ CO: Ventura Capital Investors I, L.P.; Integratec ST: California, Georgia IN: SU: TNM


SM-TS -- NY019 -- 3009 09/24/92 10:34 EDT
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Publication:PR Newswire
Date:Sep 24, 1992
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