Equistone-backed Small World to acquire MoneyGlobe.

Equistone-backed Small World, a UK-headquartered money transfer provider, agreed to acquire MoneyGlobe, a French international payments company. Financial terms were not disclosed. "In Small World, we have backed a business that boasts a highly scalable business model with huge potential to grow acquisitively, as well as organically. We’re pleased to have supported the company on this bolt-on acquisition of MoneyGlobe, drawing on Equistone’s local presence in the French market and our extensive experience in cross-border portfolio company M&A. We will continue to back Nick and his team as they seek out additional acquisition opportunities in the future," Andrew Backen, Equistone Partner.