Add-on Acquisition • Financial Services

Fexco Acquires The Currency Exchange

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

Acquisition Context

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

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

Target Company

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 Overview 1

Buyer

Fexco

Kerry, Ireland

Category	Company
Founded	1981
Sector	Financial Services
Employees	2,000

DESCRIPTION

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

Deal Context for Buyer	#
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.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2014-02-21

InterCash Bureau de Change

Portsmouth, United Kingdom

InterCash Bureau de Change Ltd. provides foreign exchange services.

Buy

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