Adeptra

Adeptra’s software flags up suspected credit-card fraud, and sends a text message or calls the card holder to verify the transaction. It can also issue routine reminders to people whose payments are overdue. The company was founded in 1996 and in 1999 raised $7.2m from a private equity consortium that included ACT Ventures and Advent Venture Partners. In 2000 $40m was raised from a consortium led by Deutsche Bank and a further $5m was raised in 2007. Under the leadership of chief executive Lou Venezia, sales at the Reading company grew 43% a year from £7m in 2006 to £20.5m in 2009.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2010
Rank72
CompanyAdeptra
ActivityManaged services provider
LocationReading
Average 3 year sales growth42.91%
Latest sales £000s20,546
Staff116
Founded1996
Websitewww.adeptra.com

If applicable:

* supplied by company † annualised figure