GTCR and Doug Bergeron’s Formation of Opus Global Holdings LLC
Former VeriFone CEO Doug Bergeron and Chicago private equity firm GTCR joined forces in September to form Opus Global, a Palo Alto, Calif.-based company that plans to buy financial technology companies and expand them internationally. "We see an opportunity to successfully consolidate and globalize best-in-breed products for worldwide deployment while leveraging data across applications. We intend to assemble a leading, global financial technology company, and to develop a worldwide distribution network of partners, distributors and employees." Bergeron predicts there will soon be a wave of financial technology carve-outs from banks that are being pressured to divest non-banking assets.