Overview of Transaction

• On August 10, 2025, Western Union (NYSE: WU) announced that it has entered into a definitive agreement to acquire International Money Express, Inc. (“Intermex”) (NASDAQ: IMXI) for $16.00 per share in cash
• The transaction values Intermex at a total equity value of approximately $500 million
• The purchase price represents a 72% premium over the company’s unaffected price of $9.28 on August 8, 2025⁽¹⁾
• Founded in 1994, Intermex applies proprietary technology enabling consumers to send money from the United States, Canada, Spain, Italy, the United Kingdom and Germany to more than 60 countries
• Western Union is a global leader in cross-border, cross-currency money movement and payments, serving millions of consumers and businesses in more than 200 countries and territories

Significance of Transaction

• This acquisition strengthens Western Union’s retail offering in the U.S., increases market coverage in high potential geographies, and is expected to accelerate digital new customer acquisition
• Intermex’s deep market knowledge, strong agent relationships, and operational expertise, further positions Western Union to capture growth in the Americas
• The transaction also represents a successful outcome for Betsy Cohen-led SPAC, FinTech Acquisition Corp. II, which merged with Intermex in 2018 to form a publicly traded combined entity

FT Partners' Role

• FT Partners served as the exclusive financial and strategic advisor to Intermex
• This is FT Partners’ second sale of a Betsy Cohen-led SPAC backed company; in 2017, FT Partners served as financial advisor to CardConnect on its $750 million sale to First Data
• Further, this is FT Partners’ second sale of a client to Western Union after serving as financial advisor to Custom House on its $370 million sale
• This transaction highlights FT Partners’ deep expertise across cross-border payments, remittances, and consumer FinTech, and follows a track record of landmark advisory roles in the space