Corporate Finance Experts From Your World - Over 60 deals In 23 countries - Voted Investment Bank of the Year 2009
Cleveland and Mexico City | 12 January, 2011 - Global M&A, one of the world's leading independent M&A advisory firms, today announced its client, Monex Grupo Financiero SA de CV of Mexico, has acquired Tempus Consulting, Inc. The terms of the transaction were not disclosed.
The combined entity operating in North America and Europe will serve over 45,000 corporate clients with a full range of foreign exchange and international payment services representing over $74 billion in foreign currency transactions and 3.6 million payments processed, annually.
Monex' Chairman and CEO, Héctor Lagos Dondé, stated, "Tempus provides a strong entry point into the U.S. market for Monex." Greg Kimball, Tempus' CEO, commented, "Monex shares the same entrepreneurial spirit that fueled Tempus' growth over the past 11 years." Kimball added, "We can't imagine a better buyer of Tempus. Our clients and employees will both benefit immensely as Monex helps Tempus expand in both the U.S. and internationally." Monex' Bank President, Mauricio Naranjo, stated, "Tempus has a world class business supported by a robust operating platform, seasoned staff, and excellent growth prospects."
Global M&A Mexico and Global M&A United States served as the exclusive advisors to Monex.
About Global M&A GmbH
Global M&A is one of the world's leading independent M&A advisory firms. Specialized in the middle market, we provide support and opportunities locally and internationally for clients buying or selling companies as well as financings, corporate restructurings, and other corporate finance transactions. For more information, visit www.globalma.com.
Monex Grupo Financiero S.A. de C.V., through its subsidiaries, provides foreign exchange, mutual funds, investment banking, fiduciary trusts, derivatives, international securities, and asset-based lending and trade finance solutions. It also offers securities, such as money market, fixed income, and stocks. The company was founded in 2003 and is based in Juárez, Mexico.www.monex.com.mx.
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