M&A Deal Summary

Intermex Acquires Amigo Paisano

On December 4, 2024, Intermex acquired software company Amigo Paisano

Acquisition Highlights
  • This is Intermex’s 1st transaction in the Software sector.
  • This is Intermex’s 3rd transaction in the United States.
  • This is Intermex’s 2nd transaction in Florida.

M&A Deal Summary

Date 2024-12-04
Target Amigo Paisano
Sector Software
Buyer(s) Intermex
Deal Type Add-on Acquisition

Target

Amigo Paisano

Pinecrest, Florida, United States
Amigo Paisano is a fintech company that provides an easy and fast way to send remittances to Latin America. Amigo Paisano was founded in 2019 and is based in Pinecrest, Florida.

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Buyer(S) 1

Buyer

Intermex

Miami, Florida, United States

Category Company
Founded 1994
Sector Financial Services
Employees1,110
Revenue 659M USD (2023)
DESCRIPTION

Intermex applies proprietary technology, enabling consumers to send money from the United States, Canada, and Europe to more than 60 countries. The Company provides the digital movement of money through a network of agent retailers in the United States, Canada, and Europe; Company-operated stores; our mobile app; and the Company’s website. Intermex was formed in 1994 and is headquartered in Miami, Florida.


DEAL STATS #
Overall 4 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Florida) 2 of 2
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-16 La Nacional

Denver, Colorado, United States

La Nacional is a large Hispanic remittance company. La Nacional has licenses to operate in 34 states and an extensive network of more than 35,000 global pay points. La Nacional is headquartered in Denver, Colorado with offices in New York, New York.

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