M&A Deal Summary |
|
|---|---|
| Date | 2011-06-01 |
| Target | Finint S.r.l. |
| Sector | Financial Services |
| Buyer(s) | Western Union |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1851 |
| Sector | Financial Services |
| Employees | 9,100 |
| Revenue | 4.2B USD (2024) |
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 | 3 of 5 |
| Sector: Financial Services M&A | 3 of 5 |
| Type: Add-on Acquisition M&A Deals | 3 of 4 |
| Country: Italy M&A | 2 of 2 |
| Year: 2011 M&A | 1 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 | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-07-05 |
Travelex Global Business Payments
London, United Kingdom Travelex Global Business Payments conducts business payments annually for 35,000 customers in 14 countries. Travelex provides payments services to a variety of business clients, including over 500 financial institutions. |
Buy | £606M |
