M&A Deal Summary

Euronet Worldwide Acquires HiFX

On May 20, 2014, Euronet Worldwide acquired financial services company HiFX for 242M USD

Acquisition Highlights
  • This is Euronet Worldwide’s 1st transaction in the Financial Services sector.
  • This is Euronet Worldwide’s largest (disclosed) transaction.
  • This is Euronet Worldwide’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2014-05-20
Target HiFX
Sector Financial Services
Buyer(s) Euronet Worldwide
Deal Type Add-on Acquisition
Deal Value 242M USD

Target

HiFX

Windsor, United Kingdom
website
HiFX Plc is an international money transfer in the U.K. and Australasia. The company consistently offering highly competitive, bank-beating exchange rates to both private individuals and businesses alike.

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Buyer(S) 1

Buyer

Euronet Worldwide

Leawood, Kansas, United States

website

Category Company
Founded 1994
Sector Financial Services
Employees9,500
Revenue 3.4B USD (2022)
DESCRIPTION
Euronet's corporate headquarters in Leawood, Kansas.
Euronet's corporate headquarters in Leawood, Kansas.

Euronet Worldwide is a provider of payment and transaction processing solutions to financial institutions, retailers, service providers and individuals. Euronet Worldwide was incorporated in 1994 and is based in Leawood, Kansas.

DEAL STATS #
Overall 6 of 12
Sector (Financial Services) 1 of 2
Type (Add-on Acquisition) 6 of 10
Country (United Kingdom) 2 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-08 Pure Commerce Pty

Sydney, Australia

Pure Commerce Pty Ltd. is a provider of on-demand financial and payment solutions to banks, acquirers and multi-national corporates.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-06 XE.com

Newmarket, Ontario, Canada

XE.com, Inc. is a customer-dedicated, and technology-focused online firm provides foreign exchange solutions for the world.

Buy -
Mergr

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