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International Money Express Acquires Amigo Paisano Assets, Operations
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International Money Express Acquires Amigo Paisano Assets, Operations
Dec 4, 2024 6:12 AM

08:34 AM EST, 12/04/2024 (MT Newswires) -- International Money Express ( IMXI ) said Wednesday that it acquired certain assets and operations of Guatemala-based remittance company Amigo Paisano.

The company said the acquisition includes Amigo Paisano's US, European, and Latin American brands and trademarks.

International Money Express ( IMXI ) expects the transaction to add between $3.5 million and $5 million in incremental adjusted EBITDA in 2025.

Financial terms of the acquisition were not disclosed.

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