Comparator Systems to Expand Acquisitions
NEWPORT BEACH — Comparator Systems Corp., which specializes in acquiring other companies, said Monday it has entered an agreement with Pacific Capital, a Monterey-based investment banking firm, to fund a corporate acquisition program.
Comparator officials said the company plans to make a number of acquisitions in 1996 targeting companies with sales between $5 million and $25 million. The agreement with Pacific Capital makes it possible for Comparator to fund these acquisitions primarily with cash instead of stock.
Comparator, which also makes fingerprint-checking devices, made its first acquisition last year when it bought Financial Systems Inc., a financial software company.
