Western Union has agreed to acquire International Money Express (Intermex) in an all-cash deal valued at around $500 million, at $16 per share, representing a premium of more than 70% over Intermex’s recent close and approximately 50% above its 90-day average price.
The move is designed to strengthen Western Union’s U.S. retail footprint, particularly in high-potential Latin American corridors, tapping into Intermex’s established network, brand recognition, and deep agent relationships. Intermex serves more than 6 million customers, enabling transactions from the U.S., Canada, Europe, and beyond to over 60 countries — a network Western Union is poised to integrate with its own digital platforms.
Financially, the acquisition is expected to be immediately accretive, adding more than $0.10 to Western Union’s adjusted EPS in the first full year following closing. The deal also targets around $30 million in annual cost synergies within 24 months, with additional upside potential through revenue synergies via new distribution and product offerings.
The boards of both companies have unanimously approved the transaction, which is anticipated to close by mid-2026, pending regulatory and shareholder approvals.
As Western Union continues navigating evolving remittance landscapes and digital transformation, this acquisition enhances its omni-channel strategy, offering broader access and greater operational resilience across the Americas.
