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New Deal


Announced

moneycorp acquires the Rochford Group in Australia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Asset Managers and Custodians

Private

Pending

treasury advisor

Single Bidder

Australia

Acquisition

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Synopsis

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moneycorp, an international company offering foreign exchange and global payment services, acquires the Rochford Group, one of Australia’s largest independent treasury advisors. Financial terms were not disclosed. Commenting on the acquisition, Nick Haslehurst, CFO of moneycorp said: “We have worked with the team at Rochford Capital for several years and saw a very strong fit in our own client-led approach to providing effective risk management solutions. We are delighted to have the Rochford team joining us and believe we can help accelerate Rochford’s growth by deploying their operating model through the moneycorp group."

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