M&A Deal Summary

Commonwealth Foreign Exchange Acquires NewMarkets International

On September 18, 2002, Commonwealth Foreign Exchange acquired internet software and services company NewMarkets International

Acquisition Highlights
  • This is Commonwealth Foreign Exchange’s 1st transaction in the Internet Software and Services sector.
  • This is Commonwealth Foreign Exchange’s 1st transaction in the United States.
  • This is Commonwealth Foreign Exchange’s 1st transaction in California.

M&A Deal Summary

Date 2002-09-18
Target NewMarkets International
Sector Internet Software and Services
Buyer(s) Commonwealth Foreign Exchange
Deal Type Add-on Acquisition

Target

NewMarkets International

Oakland, California, United States
NewMarkets International, LLC is a provider of e-payment solutions.

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Buyer(S) 1

Buyer

Commonwealth Foreign Exchange

Providence, Rhode Island, United States

Category Company
Founded 1999
Sector Financial Services
DESCRIPTION

Commonwealth Foreign Exchange, Inc., is a financial services company, provides corporate foreign exchange services.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2002 M&A 1 of 1