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SECTOR
Payments and Transaction Processing
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INVESTMENT YEAR
2002
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STATUS
Realized, Acquired by The Sage Group PLC in 2006
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LOCATION
Nashville, TN
Verus Financial Management
Provides merchants with payment processing services from third party payment processors, including credit card authorization and payment, electronic funds transfer, electronic funds conversion and Internet gateway services.
Investment Theme
Fragmented merchant acquiring market; opportunity to differentiate, consolidate and scale.