OFX Group - M&A Summary and Business Overview

Financial ServicesCompany

OFX Group M&A Summary

OFX Group has acquired 1 company, including 1 in the last 5 years.

OFX Group’s largest acquisition to date was in 2021, when it acquired Firma Foreign Exchange for $68M. The Company’s most targeted sectors include financial services (100%).

OFX Group Business Overview

Where is OFX Group headquartered?

OFX Group is headquartered in Sydney, Australia.

What is OFX Group’s revenue?

OFX Group disclosed revenue of 230M AUD for 2024 and 225M AUD for 2023.

How many employees does OFX Group have?

OFX Group has 690 employees.

What sector is OFX Group in?

OFX Group is a financial services company.

When was OFX Group founded?

OFX Group was founded in 1998.

M&A Summary

  • M&A Total Activity1
    • M&A Buy Activity1
  • Total Sectors Invested 1
  • Total Countries Invested 1

OFX Group

OFX Group Ltd.

60 Margaret Street, Level 19,
Sydney, NSW 2000
Australia,
+61 2 8667 8000
www.ofx.com

OFX Group is an online foreign exchange services provider. OFX Group was founded in 1998 and is based in Sydney, Australia.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # - - 1 - - - 1
vol $68M $68M
Sell (0.0/yr) # - - - - - - 0
  1

Most Recent M&A

Company Date Value Type
Firma Foreign Exchange Corp. 2021-12-20 68M CAD Add-on Acquisition
Edmonton, Alberta · www.firmafx.ca
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Financial Services 1 (100%) 68M (100%) - -
Total 1 $68M - -

By Geo

State/Country Buy Value Sell Value
Canada 1 68M - -
  Alberta 1 68M - -
Total 1 $68M - -

Deal Values

buy # Total
< $100M 1 $68M
TOTAL $68M
Largest Firma Foreign Exchange Corp.
$68M (2021-12-20)

Company Summary

SECTOR

Financial Services

Revenue

230   3% 2024
225   43% 2023
158   18% 2022
134   3% 2021
137   7% 2020
129   9% 2019
119   5% 2018
114   3% 2017
111   2016
(millions of AUD) Show More Show Less

Employees

690

Established

1998

Public

Australia (ASX): OFX

Former Name

OzForex Group Ltd.

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