Announced
Synopsis
International Money Express, a money remittance services company, agreed to acquire La Nacional, a money remittance company. Financial terms were not disclosed. "La Nacional’s strong market position in remittances to the Dominican Republic and other Latin American countries is a perfect complement to Intermex’s existing business in those markets. With the addition of this market share to the Dominican Republic, Intermex will now be one of the leading US-based remittance companies serving Mexico, Guatemala, Honduras, El Salvador, and the Dominican Republic, which are the top five Latin American markets, accounting for 83% of all the money sent to Latin America from the United States," Bob Lisy, La Nacional Chairman, CEO and President.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.