Announced
Completed
Financials
Tags
Private
Acquisition
Venture Capital
Financial Data and Systems
Completed
United States
payment services
Domestic
Private Equity
Majority
Friendly
check cashing services
Single Bidder
Synopsis
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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