 |
Abernathy MacGregor is handing Madison Dearborn Partners’ $1.8B deal to acquire MoneyGram International, global leader in the digital person-to-person payments space.
The $11-per-share offer is a 50 percent premium over the Dec. 14 closing price, the day prior to media reports about a potential MoneyGram acquisition.
Alex Holmes, MoneyGram chief, said the MDP transaction follows a thorough review of ways to bolster shareholder value.
Partnering with MDP and becoming a private company will provide MoneyGram greater opportunities to innovate and grow, added Holmes.
MDP, which has raised more than $28B in capital since its formation in 1992, expects the deal to close during Q4.
Abernathy MacGregor’s Deirdre Walsh and Jake Yanulis handle MDP.
Prosek Partners hires FTI Consulting vet David Roady to build and deepen its relationships in the corporate sector, particularly with chief communications officers and C-suite executives.
Kekst CNC handles Crestview Partners as the private equity firm acquires Tailwind Hospitality, operator of food, beverage and retail concessions in non-hub and regional airports, from Palladin Consumer Retail Partners.
FGS Global heads the list in Mergermarket’s ranking of the top PR advisors in M&A deals for 2025. Joele Frank, Brunswick Group follow.
Financial marketing is entering a new era where brands must move beyond mere storytelling and increasingly demonstrate to audiences that they’re prepared for change.
The Walt Disney Company is bringing on Benjamin Swinburne as EVP of investor relations and corporate strategy.
