Headwaters MB served as the exclusive financial advisor to DolEx Dollar Express, Inc. (“DolEx” or the “Company”), an international money transfer and financial services company serving the U.S. Hispanic Market, focused on the U.S. to Latin America corridors, on the successful closing of a revolving senior, working capital, credit facility with a national commercial bank. Terms of the transaction were not disclosed.
About DolEx Dollar Express, Inc.
DolEx Dollar Express, Inc. is the U.S. subsidiary of Money Transfer Acquisition, Inc., a holding company formed in 2009 by a management team led by seasoned entrepreneur, Mario Trujillo, in partnership with private equity firms, led by Palladium Equity Partners, to acquire DolEx and other businesses. As one of the leaders in international money transfers, DolEx has the largest company owned store network targeting the growing Hispanic market in the US and offers money transfers, responsible installment loans and other financial and communication products and services across its network of more than 500 proprietary company-owned stores and over 2,000 retail agent partners. Money transfers, installment loans and other ancillary services are offered via the company's core brand, DolEx, and its affiliated brands of Quisqueyana and Europhil. For further information, visit www.dolex.com.