has been recapitalized by


Vigo is a leading provider of electronic money transfer services.

The undersigned acted as financial advisor to Vigo/GMT Group in this Transaction

Vigo/GMT Group

Description

Vigo is the 4th largest money transfer company in the world. The Company operates in 31 US states, terminates transactions in 35 countries around the world, and has a domestic network of 2,000 active agents.

Situation

Croft & Bender was approached by an experienced management team who was interested in making acquisitions in the money transfer industry. Croft & Bender suggested to management to first identify a platform company and that we could then assist in raising the capital and structuring the transaction.

Result

Croft & Bender enabled the acquisition of Vigo with equity from Great Hill Partners. C&B Capital also participated in the equity portion of the transaction.