M&A Deal Summary

DolEx Dollar Express Acquires Barri

On August 1, 2022, DolEx Dollar Express acquired financial services company Barri

Acquisition Highlights
  • This is DolEx Dollar Express’ 1st transaction in the Financial Services sector.
  • This is DolEx Dollar Express’ 1st transaction in the United States.
  • This is DolEx Dollar Express’ 1st transaction in Texas.

M&A Deal Summary

Date 2022-08-01
Target Barri
Sector Financial Services
Buyer(s) DolEx Dollar Express
Deal Type Merger
Advisor(s) Jefferies (Financial)
Vinson & Elkins (Legal)

Target

Barri

Houston, Texas, United States
Barri offers financial services, include money transfer (international and domestic), check cashing, and bill payment, but it also offers a large array of other products and services that include mobile reloads (international and domestic), money orders, lottery, pinless reloads for long distance calling, and phone cards. Barri was founded in 1984 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

DolEx Dollar Express

Arlington, Texas, United States

Category Company
Founded 1996
Sector Financial Services
DESCRIPTION

DolEx Dollar Express is a provider of electronic funds transfer services through approximately 600 branches and over 2,000 agents in the mainland U.S., Puerto Rico, U.S. Virgin Islands, and Europe. The company’s services allow customers to quickly and safely send money to beneficiaries in North America, Latin America, North Africa, Asia, Europe, and the Caribbean through its settlement relationships with thousands of banks, exchange houses, and retail locations. DolEx also offers ancillary products and services including phone cards, bill payments, money orders, check cashing, prepaid mobile e-pins, and its Amigo Latino Plus prepaid card. DolEx Dollar Express was founded in 1996 and is based in Arlington, Texas.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1