Deal Timeline
Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
The Acquisition Playbook.
Three patterns run through Euronet Worldwide's acquisitions — what it looks for, how it pays, and how it folds in what it buys.
The Full Deal Book
10 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.
01 Instreamline S.A. Not disclosed
Acquired the Greek card-processing operator (later CardLink), establishing Euronet's payment-processing presence in Greece and southeastern Europe.
02 RIA Envia, Inc. $490M
Acquired the then-third-largest global consumer-to-consumer money transfer company, creating Euronet's Money Transfer (Ria) segment and its remittance platform. $490 million ($380M cash + $110M stock, plus contingent rights).
Euronet will acquire 100% of Ria's outstanding common stock for $380 million in cash, $110 million in Euronet stock ... and certain contingent value and stock appreciation rights.
03 Pure Commerce Not disclosed
Acquired the Sydney-based provider of cloud-based dynamic currency conversion and multi-currency acquiring services, extending Euronet's merchant and bank product portfolio across Asia Pacific and Europe.
Euronet Worldwide ... today announced the acquisition of Pure Commerce, a fast-growing provider of cloud-based financial and payment solutions to banks, acquirers and global retailers around the world.
04 HiFX $145M
Acquired the UK-based online-initiated international payments and foreign-exchange provider, adding account-to-account cross-border payment services for high-income individuals and SMEs to the Ria money transfer business. £145 million (~$242 million).
entered into an agreement to acquire U.K.-based HiFX ... for £145 million or approximately $242 million. Twenty-five percent of the purchase price will be paid in shares of Euronet stock and the balance in cash.
05 IME (M) Sdn Bhd Not disclosed
Acquired the Malaysian money transfer operator, giving Euronet immediate entry into the Asian and Middle East money transfer send markets.
In 2015, we completed the acquisition of IME (M) Sdn Bhd ("IME") which provided Euronet with immediate entry into the Asian and Middle East money transfer send markets.
06 xe (XE Corporation) Not disclosed
Acquired the operator of XE.com and x-rates.com, a global leader in digital currency data and international payments, bringing an industry-leading online presence and digital expertise to Euronet's money transfer business.
Euronet Worldwide ... today announced it has acquired XE, a global leader in digital foreign exchange information.
07 YourCash Europe Limited Not disclosed
Acquired the UK-based independent ATM operator with ~5,000 merchant-filled ATMs across the UK, Netherlands, Belgium and Ireland, expanding Euronet's EFT footprint in Western Europe.
Euronet Worldwide ... today announced it has completed the acquisition of U.K.-based ATM operator, YourCash Europe Limited. The acquisition includes approximately 5,000 ATMs across the U.K., Netherlands, Belgium and Ireland.
08 Dolphin Debit Not disclosed
Acquired the comprehensive U.S. ATM outsourcing company, marking Euronet's expansion into the U.S. ATM outsourcing / managed-services market.
Euronet Worldwide Announces Expansion into the U.S. ATM Outsourcing Market with the Acquisition of Dolphin Debit, a Comprehensive ATM Outsourcing Company.
09 Piraeus Bank Merchant Acquiring business $317.8M
Acquired the merchant acquiring business of Greece's largest bank (~205,000 POS terminals at 170,000 merchants) alongside a long-term strategic partnership, making Euronet the bank's exclusive merchant-acquiring partner. €317.8 million (~$350.6 million).
The purchase price was €317.8 million, or approximately $350.6 million, which includes $331 million cash paid at closing.
10 Infinitium Group $75M
Acquired the regional Payments Authentication services provider, strengthening Euronet's payment security and processing capabilities in the Asia Pacific region. $75 million ($70M cash + $5M stock).
On February 1, 2024, Euronet acquired Infinitium Group, a leading regional solutions provider with Payments Authentication services, for a purchase consideration of $70.0 million cash and $5.0 million of the Company's common stock.
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