Announced
Completed
Financials
Tags
Single Bidder
Canada
Financial Data and Systems
foreign exchange trades
Acquisition
Cross Border
Majority
Private
Completed
Friendly
Synopsis
OFX, a low-cost international multicurrency payments provider, completed the acquisition of Firma Foreign Exchange, a global foreign exchange service provider, for $70m. “We’re excited to complete our first major acquisition, and to welcome our new clients and colleagues. As we bring our businesses together, our first priority will be ensuring there is no disruption to Firma clients or employees. We look forward to building on our collective strengths and excellent service culture by enhancing the experience for clients with our digital capabilities," Skander Malcolm, OFX CEO and Managing Director.
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