Western Union to Acquire Intermex for $500M, Boosting Latin American Presence

Western Union has agreed to acquire Intermex for $500 million to expand its presence in Latin America. The deal is expected to boost Western Union's adjusted earnings per share by over $0.10 in its first full year post-closing. Intermex has around 6 million customers and will give Western Union access to its strong digital platforms and capabilities. IMXI stock surged 54% in premarket trading, while Western Union shares rose over 1%.

Western Union has agreed to acquire International Money Express, Inc. (Intermex) in an all-cash transaction valued at approximately $500 million. The acquisition is expected to enhance Western Union's retail presence in the U.S. and expand its market coverage in high-potential Latin American geographies [1].

Under the terms of the agreement, Western Union will pay $16.00 per share of Intermex, representing a total equity and enterprise value of approximately $500 million. This deal is expected to be immediately accretive to Western Union's adjusted earnings per share by over $0.10 in the first full year post-closing [1].

The acquisition aims to leverage Intermex's deep market knowledge, strong agent relationships, and operational expertise to drive targeted, sustainable retail growth. Intermex's 6 million customers will gain access to Western Union's robust digital platforms and capabilities, potentially accelerating digital new customer acquisition [1].

The transaction is subject to customary closing conditions and regulatory approvals, including clearance under the Hart-Scott-Rodino Act and approvals from financial regulators. The acquisition is expected to close in mid-2026 [1].

References:
[1] https://ir.westernunion.com/news/archived-press-releases/press-release-details/2025/Western-Union-to-Acquire-International-Money-Express-Inc-/default.aspx