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Purepay hires three extra hands29/06/2007. Source: AltAssets. 
US-based Purepay, a $100m buy-out fund focused on payments and the financial supply chain, has hired three new investment professionals: Marc Keller; Matt Capell; E Megan Kahn. The new hires bring transactional and operational expertise and come from a variety of names in financial services and private equity. ‘Because of our operating bias, we’ve specifically targeted professionals with both operating and investing experience. We’ve greatly enhanced our sector experience and transactional capability with the addition of these new team members.’ said John Cullen, Purepay’s managing director. ‘We are extremely happy to welcome them to the Purepay family.’
Marc Keller brings strategic and operational expertise to Purepay with 14 years experience growing and managing businesses. He has industry experience in electronic payments, non-bank financial services and pre-paid products. He was part of the United Nations Development Programme where he devised strategies to help increase access to basic financial services for migrants and their families.
Matt Capell brings both broad operational and deal making expertise in the healthcare sector to Purepay. Prior to joining Purepay, Matt led sales and business development activities for a start-up provider of financial technology solutions for the healthcare sector. He has evaluated and executed investments at Soros Private Equity Partners and worked in the investment banking divisions of both Donaldson, Lufkin and Jenrette and BT Alex. Brown.
Megan Kahn joins Purepay from Monitor Group, a Boston-based international strategic consulting firm, where she was a member of a five-person consulting team assigned to the $1.5bn Monitor Clipper Partners private equity fund. Kahn conducted due diligence on potential investments and completed two significant transactions, continuing on to a play an operational role with the portfolio companies.
Purepay is a Columbus-based acquirer and operator of payments companies with a primary focus on automation and transaction processing within the financial services industry. Purepay’s target investments include Cash Management, Check 21, ARC, Remote Capture, Stored Value Cards, Payments BPOs, ACH Platforms, Mobile Banking and Micro Payments companies.
Copyright © 2007 AltAssets

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