DolEx Dollar Express and Barri Financial Group Merge

Management-Led Investor Group Acquires DolEx Dollar Express from Palladium Equity Partners

January 27, 2020

Financial Services

Palladium Equity Partners has completed the sale of the parent company of DolEx Dollar Express, Inc. to a group of investors that includes company management. DolEx, a Duluth, Georgia-based provider of remittance and retail financial services operating roughly 525 branches and over 2,700 agent locations across the U.S., Puerto Rico, U.S. Virgin Islands and Europe, was sold with terms undisclosed; Stephens Inc. advised DolEx while Advanced Capital Partners advised the acquiring investors.

International Money Express (Intermex) Acquires La Nacional; Agrees to Acquire LAN Holdings / I-Transfer

November 1, 2022

Payments & Fintech

International Money Express, Inc. (Intermex) completed the acquisition of Envios de Valores La Nacional Corp., paying $42.3 million in cash plus up to $2.4 million of contingent consideration, strengthening its remittance footprint to the Dominican Republic and other Latin American corridors. Intermex also announced a related transaction to acquire LAN Holdings Corp., which includes Spain-based I-Transfer Global Payments, expanding Intermex’s reach into Europe and increasing its global footprint to more than 70 countries.

Cetera Financial Group Acquires BAR Financial LLC

January 13, 2021

Financial Services

Cetera Financial Group has acquired BAR Financial LLC, a financial services firm comprising nearly 300 independent financial professionals, 25 employees, and about $4 billion in AUM. BAR will transition to a Cetera-owned, region-managed group while retaining brand autonomy; BAR's founding partners will serve as Regional Directors for three years to ensure a smooth succession.

Advisor Group Acquires Infinex Financial Holdings

May 19, 2022

Financial Services

Advisor Group has signed a definitive agreement to acquire Infinex Financial Holdings, the holding company of a broker-dealer that supports banks, credit unions and institution-based advisors. Infinex, headquartered in Meriden, Connecticut, oversees roughly $30 billion in client assets and more than 750 financial professionals; the deal expands Advisor Group's presence in the financial institution channel and is subject to FINRA and other regulatory approvals.

Euronet Worldwide Acquires Dolphin Debit

April 28, 2020

Financial Services

Euronet Worldwide completed the acquisition of Dolphin Debit, a U.S.-based full-service ATM outsourcing provider that manages more than 1,900 ATMs for roughly 300 bank and credit union customers. The deal expands Euronet's ATM outsourcing footprint in the United States and enables Dolphin customers to access Euronet's advanced payments technologies and scale.

TokenEx and IXOPAY Merge to Create IXOPAY, a TokenEx Company

April 17, 2024

Payments & Fintech

TokenEx, a cloud tokenization provider based in Tulsa, and IXOPAY, a Vienna-based payments orchestration platform, have entered a definitive agreement to merge and form a combined company called IXOPAY, a TokenEx Company. The deal brings together tokenization and payments orchestration capabilities to offer merchants omnichannel tokenization, intelligent routing, and card lifecycle management while expanding IXOPAY's reach into the U.S. market. Marc Olesen will lead the combined organization as CEO, with Rene and Nathalie Siegl remaining in executive roles.