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Home > Company Index > Financial Services > Services to Financial Companies > Private Business, Inc.
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Private Business, Inc. |
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PROFILE |
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Thanks to Private Business, banks can help their customers keep the cash flowing. Banks commonly buy small businesses' accounts receivable; Private Business' Business Manager system, including software and services, provides automated management of receivables. Via the company's software and Web site, its more than 1,100 client banks can buy, process, bill, and track accounts. Other services include outsourced application hosting and transaction processing, credit risk management, and insurance for fraud and non-payment. Private Business also helps banks market Business Manager to their customers. The firm plans to buy Towne Services, which processes accounts receivable data for small businesses and banks.
COMPETITION |
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The BISYS Group, Inc. (BSYS)
First Data Corporation (FDC)
SEI Investments Company (SEIC)
DEALS |
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Deal: Private Business Merges With Towne
Date Announced: 03.13.01
Value of transaction (US $Mil): 0
Description: Small-business financial services firm merges with electronic financial data processor.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 56.50
1-Yr. Sales Growth: (1.9)%
Employees: 375
Revenue per employee: $150,666.67
KEY PEOPLE |
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Thomas L. Black
CEO
Fred P. Read
CFO
CONTACT INFO |
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9010 Overlook Blvd.
Brentwood, TN 37027
US
Phone: 615-221-8400
Fax: 615-221-8447
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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