M&A Deal Summary |
|
|---|---|
| Date | 2009-09-01 |
| Target | Custom House Currency Exchange |
| Sector | Financial Services |
| Buyer(s) | Western Union |
| Sellers(s) | Great Hill Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 370M USD |
| Advisor(s) | Financial Technology Partners (Financial) |
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| Category | Company |
|---|---|
| Founded | 1851 |
| Sector | Financial Services |
| Employees | 9,000 |
| Revenue | 4.4B USD (2023) |
Western Union is a financial services company that provides people and businesses with fast, reliable and convenient ways to send money and make payments around the world. Western Union's consumer-to-consumer money transfer service enables people to send money around the world, usually within minutes. Western Union also provides consumers with flexible and convenient options for making one-time or recurring payments in our consumer-to-business segment. This segment consists of United States bill payments, Pago Fácil (bill payments in Argentina), and international bill payments. Western Union's business solutions segment facilitates payment and foreign exchange solutions, primarily cross-border, cross-currency transactions, for small and medium size enterprises and other organizations and individuals. Western Union was founded in 1851 and is based in Denver, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Financial Services) | 1 of 4 |
| Type (Add-on Acquisition) | 1 of 3 |
| State (British Columbia) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2009) | 1 of 1 |
| Size (of disclosed) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-31 |
Angelo Costa S.r.l.
Rome, Italy Angelo Costa S.r.l. is a money transfer network agent. Angelo Costa manages relationships with over 7,500 subagent locations across several countries in Europe. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 12.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Great Hill Partners is a private equity firm focused on growth equity and recapitalization investments in well established public and private companies valued put to $1 billion. Great Hill targets companies within consumer services, business services, financial technology, healthcare, internet, logistics, media, communications, technology services, software and transaction processing. The Firm invests in the range of $25 to $500 million per transaction. Great Hill prefers companies located in the US, but will also consider opportunities in Europe and Latin America. Great Hill Partners was formed in 1998 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 60 |
| Sector (Financial Services) | 2 of 3 |
| Type (Add-on Acquisition) | 9 of 37 |
| State (British Columbia) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2009) | 1 of 2 |
| Size (of disclosed) | 14 of 23 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-07-06 |
SecureWorks
Atlanta, Georgia, United States SecureWorks is a provider of information security services, with over 2,600 clients worldwide spanning North America, Latin America, Europe, the Middle East and the Pacific Rim. Organizations of all sizes, including more than ten percent of the Fortune 500, rely on SecureWorks to protect their assets, improve compliance and reduce costs. SecureWorks was founded in 1999 and is based in Atlanta, Georgia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-09-29 |
BuscaPé
Sao Paulo, Brazil BuscaPé is a provider of online comparison shopping tools and services for customers in Brazil. BuscaPé was formed in 1999 and is based in São Paulo, Brazil. |
Sell | $374M |
