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M&A Deal Summary

Fexco Acquires The Currency Exchange

On March 15, 2016, Fexco acquired financial services company The Currency Exchange

Acquisition Highlights
  • This is Fexco’s 2nd transaction in the Financial Services sector.
  • This is Fexco’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2016-03-15
Target The Currency Exchange
Sector Financial Services
Buyer(s) Fexco
Deal Type Add-on Acquisition

Target

The Currency Exchange

London, United Kingdom
The Currency Exchange Corp. is a foreign exchange company. CEC provides travel money, international payments and money transfer services online and from its 36 London-based branches.

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Buyer(S) 1

Buyer

Fexco

Kerry, Ireland
Category Company
Founded 1981
Sector Financial Services
Employees2,000
DESCRIPTION

Fexco Ltd. is a multinational finance and business solutions provider.

DEAL STATS #
Overall 3 of 3
Sector (Financial Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (United Kingdom) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-21 InterCash Bureau de Change

Portsmouth, United Kingdom

InterCash Bureau de Change Ltd. provides foreign exchange services.

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