International Money Express, Inc.

What Intermex does

International Money Express, known as Intermex, provides money-transfer services from the United States, Canada and parts of Europe, primarily to Latin America and other destination markets. Fees and foreign-exchange income support a network of agents and digital services.

Latest quarter: September 30, 2026

Revenue and profit declined from a year earlier. Cash and equivalents totaled $211.2 million at September 30, and debt carrying value was $171.4 million. Cash in a money-transfer business also supports customer funds and settlement activity, so subtracting debt from cash would not establish freely available surplus cash.

Operating cash flow for January through September was $83.5 million, compared with $52.5 million a year earlier. Changes in consumer funds and payer timing materially affect that comparison.

Western Union deal: the parties disagree on termination

The August 2025 agreement promised $16 in cash for each eligible Intermex share. Western Union described approximately $500 million of equity consideration plus repayment of Intermex's revolving debt.

Western Union delivered a termination notice on November 10 after California issued conditional approval, saying the conditions demanded changes beyond its obligations. It says termination became effective at midnight Eastern November 12.

Intermex rejects the notice as invalid, says the buyer breached its reasonable-best-efforts duty and demands withdrawal of the notice and completion of the transaction. Its November 12 filing says Western Union withdrew the California application November 11. Intermex reserves claims for damages and specific performance, which would seek a court order to close.

The filings present competing positions. The agreement both requires efforts to obtain approval and limits the business changes the buyer must accept. Its outside-date exit right is unavailable if a party's own breach or failure caused closing to be missed. The buyer's position that no termination fee is owed does not resolve the target's other claims.