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Announced

Completed

A group of investors completed the acquisition of DolEx from Palladium Equity and Adams Street.

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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Private

Acquisition

Venture Capital

Financial Data and Systems

Completed

United States

payment services

Domestic

Private Equity

Majority

Friendly

check cashing services

Single Bidder

Synopsis

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A group of investors completed the acquisition of DolEx Dollar Express, a provider of electronic funds transfer services, from Palladium Equity Partners, a private equity firm, and Adams Street Partners, a venture capital firm. Financial terms were not disclosed. "We are proud of our partnership with the DolEx team as the company enhanced infrastructure and operations, grew sales channels and added new ancillary products, further differentiating itself as a preferred financial services provider to customers in the US, Latin America, Spain and beyond," Justin Green, Palladium Partner.

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