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Western Union acquires eurochange from Corsair

Apr 11, 2025•8 months ago

Acquiring Company

Western Union Company

Acquired Company

eurochange

DenverWalesFinancial ServicesFinancial ServicesTravel

Description

Western Union Company has completed the acquisition of eurochange from a US investment firm, Corsair. This transaction marks the full exit of Corsair's position in eurochange, enhancing Western Union's consumer services segment. The acquisition is expected to expand the product offerings of Western Union and strengthen its retail distribution model.

Company Information

Company

Western Union Company

Location

Denver, Colorado, United States

About

Western Union Company is a global leader in cross-border, cross-currency money movement and payment services. The company connects families, individuals, and businesses through its money transfer services, enabling them to send and receive funds across the globe. With a presence in over 200 countries and territories, Western Union operates one of the largest networks of agents and retail locations.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed