Housatonic Partners Acquires MaxiTransfers, LLC
October 12, 2020
Housatonic Partners, a growth-oriented private equity firm, acquired majority control of MaxiTransfers, a US-based money transfer business serving the US–Latin America remittance corridor. The investment positions MaxiTransfers to expand its agent network and product offering under new CEO Gabe Manjarrez while Investar (the prior holder) exits; financial terms were not disclosed.
- Buyers
- Housatonic Partners
- Targets
- MaxiTransfers, LLC
- Sellers
- Investar Financial (Investar Holding Corporation)
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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