Advised on Sale of Company

Financial Services

Housatonic Partners

Growth-oriented private equity firm focused on investing in recurring services companies United States of America

Acquired Majority Control of Business Operations

Maxitransfers, LLC

Money services business offers money transfer services, bill payment, and other services United States of America

IMAP partners in Mexico and the USA jointly advise Maxitransfers on its sale to Housatonic Partners

IMAP partners in Mexico and the USA jointly advise Maxitransfers on its sale to Housatonic Partners, which acquired majority control of business operations Maxitransfers, LLC.

 

Serficor (IMAP Mexico) and Capstone Headwaters (IMAP USA) are pleased to announce that Investar Financial Corporation has sold a majority stake of Maxitransfers Corporation (“Maxi”), a leading service provider for fast, secure, and reliable international money transfers, to Housatonic Partners, a growthoriented private equity firm focused on investing in recurring services companies in the U.S. Maxi is a money services business (“MSB”), providing primarily money transfers in the US-Latin American corridor since the early 2000’s.

 

Maxi operates through a network of over 2,800 active agents in 44 U.S. states and over 40,000 payors in 17 Latin American countries. Maxi has experienced annual growth rates of over 25% in the last 5 years and has positioned itself in the top 5 MSBs in the LatAm corridor. Housatonic Partners is a private equity investment firm founded in 1994, with more than $1.3 billion in capital under management. The firm invests in growing, profitable businesses with high recurring revenues.

 

Housatonic Partners has backed exceptional management teams in more than 90 small to midsized companies over the last 26 years.

 

The Serficor and Capstone Headwaters teams, led by Gilberto Escobedo and David Bench, advised Investar Financial Corporation throughout the sales process.

SEE DEAL BRIEF