M&A Deal Summary

Western Union Acquires Intermex

On August 10, 2025, Western Union acquired financial services company Intermex for 500M USD

Acquisition Highlights
  • This is Western Union’s 5th transaction in the Financial Services sector.
  • This is Western Union’s 2nd largest (disclosed) transaction.
  • This is Western Union’s 1st transaction in the United States.
  • This is Western Union’s 1st transaction in Florida.

M&A Deal Summary

Date 2025-08-10
Target Intermex
Sector Financial Services
Buyer(s) Western Union
Deal Type Add-on Acquisition
Deal Value 500M USD
Advisor(s) Financial Technology Partners - FT Partners (Financial)
Holland & Knight (Legal)

Target

Intermex

Miami, Florida, United States
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; mobile app; and website. Intermex was formed in 1994 and is headquartered in Miami, Florida.

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Buyer(S) 1

Buyer

Western Union

Denver, Colorado, United States

Category Company
Founded 1851
Sector Financial Services
Employees9,100
Revenue 4.2B USD (2024)
DESCRIPTION
Entrance to Western Union's corporate headquarters in Englewood, Colorado.
Entrance to Western Union's corporate headquarters in Englewood, Colorado.

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 5 of 5
Sector: Financial Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 4 of 4
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-04 Convera

Seattle, Washington, United States

Convera is a non-bank provider of cross-border payments and foreign exchange solutions. Convera serves 30,000+ businesses, institutions, and NGOs across 40+ countries in 140 currencies, making it a major player in global B2B payments. Convera is based in Seattle, Washington.

Sell $910M