M&A Deal Summary

Madison Dearborn Partners Acquires MoneyGram International

On February 15, 2022, private equity firm Madison Dearborn Partners acquired financial services company MoneyGram International for 1.8B USD

Acquisition Highlights
  • This is Madison Dearborn Partners’ 6th transaction in the Financial Services sector.
  • This is Madison Dearborn Partners’ 5th largest (disclosed) transaction.
  • This is Madison Dearborn Partners’ 79th transaction in the United States.
  • This is Madison Dearborn Partners’ 10th transaction in Texas.

M&A Deal Summary

Date 2022-02-15
Target MoneyGram International
Sector Financial Services
Buyer(s) Madison Dearborn Partners
Deal Type Going Private
Deal Value 1.8B USD
Advisor(s) BofA Securities (Financial)
Vinson & Elkins
Paul Hastings (Legal)

Target

MoneyGram International

Dallas, Texas, United States
MoneyGram International is a provider of money transfer services and is recognized worldwide as a financial connection to friends and family. MoneyGram connects consumers any way that is convenient for them. Company also provide bill payment services, issue money orders and process official checks in select markets. MoneyGram International was formed in 1926 and is based in Dallas, Texas.

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Buyer(S) 1

Buyer

Madison Dearborn Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1992
PE ASSETS 28.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Madison Dearborn Partners (MDP) is a large private equity firm that targets buyouts of private or publicly held companies, divestitures of larger companies, recapitalizations of family-owned or closely-held companies, acquisition-oriented financings, and financings to fund internal growth. MDP's target investment size is $100 to $600 million in buyout oriented transactions and $100 to $400 million in growth capital commitments. Areas of interest include basic industries (natural resources, chemicals, energy and power, automotive, building products, food, metals and mining, refining, paper, packaging and forest products, and general manufacturing), as well as communications, consumer products/services, financial services, and healthcare. Madison Dearborn Partners was formed in 1992 and is based in Chicago, Illinois.


DEAL STATS #
Overall 93 of 99
Sector (Financial Services) 6 of 7
Type (Going Private) 8 of 8
State (Texas) 10 of 10
Country (United States) 79 of 85
Year (2022) 2 of 5
Size (of disclosed) 5 of 23
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-20 Sevita

Boston, Massachusetts, United States

Sevita is a provider of home and community-based specialized health care. Sevita provides people with quality services and individualized supports that lead to growth and independence, regardless of the physical, intellectual, or behavioral challenges they face. Sevita is headquartered in Boston, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-01 Patriot Home Care

Huntingdon Valley, Pennsylvania, United States

Patriot Home Care is a provider of personal care and home health services primarily for Medicaid recipients in Pennsylvania and Delaware.

Buy -