SAN DIEGO - An investment partnership led by San Diego entrepreneur William Everly Jr. announced that it made an acquisition offer for Command Credit Corp., a marketer of secured credit cards.
The bidder - Ventura Capital Investors I - did not disclose the terms it offered, and Command did not have an initial response.
Command, based in Rockville Centre, N.Y., made headlines late last month when it said it had a contract to launch a major medical credit card system.
Mr. Everly is president and chief executive officer of VenFine Management Corp., a subsidiary of Fallbrook, Calif.-based Ventura Financial Co. The holding company says it is the largest nonbank purchaser of consumer credit card accounts.