Capstone and Serficor IMAP jointly advise Maxitransfers, LLC on its Sale to Housatonic Partners

Capstone Headwaters, now Capstone Partners, and Serficor IMAP (Serficor), leading middle market investment banking firms, jointly advised Maxitransfers, LLC (Maxi), a provider of international money transfers, on its sale to Housatonic Partners (Housatonic).

MaxiTransfers, a Dallas, Texas-based portfolio company of Investar Financial, has established itself as a leading provider for fast, secure and reliable international money transfers serving the US-Latin American corridor since the early 2000’s. Maxi offers money transfer services, bill payment, pre-paid long-distance calling, and cell phone top-ups. MaxiTransfers operates through a network of over 2,800 active agents in 44 U.S. states and over 40,000 payers in 17 Latin American countries.

We are excited about joining forces with Housatonic Partners, Gabe Manjarrez and the continuing management team in driving Maxitransfers’ next phase of growth. The dedication and joint efforts of Capstone and Serficor were key to achieving the shareholders’ goals in arranging this successful partnership.

Javier LarrazaManaging Director, Investar Financial

Housatonic Partners Managing Director Joe Niehaus, who has joined the MaxiTransfers Board of Directors, commented, “I look forward to working with Gabe (New CEO of Maxi) and Luis (President of Maxi) to develop the products and services which will allow Maxi to better serve its customer base.”

Capstone Managing Director, David Bench, said “Maxitransfers has an extraordinary track record of consistent growth and profitability which is a testament to the strength of its business model and the entire team of ownership, management, and employees. We are very bullish on its future, particularly in light of this investment by Housatonic.”

Gilberto Escobedo, Managing Partner of Serficor pointed out, “Housatonic has invested in a truly remarkable company. I have rarely seen a management team that consistently delivers over its budget in the way Maxi has done. Maxi’s model is truly unique and centered on its customers, clients and employees. I believe that this solid base, together with the reinforced management team and the implementation of new projects, will enable Maxi to continue to be the company to watch in its industry.”

About Housatonic Partners

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 highly recurring revenue. Housatonic Partners has backed exceptional management teams in more than 90 small to mid-sized companies over the last 26 years. For more information, please visit www.housatonicpartners.com.