Overview of Transaction

• On Tuesday, March 29th Travelex Group announced the sale of Travelex Currency Select ("Currency Select" or the "Business") to Global Blue for A$65,000,000
• Currency Select is a leading provider of electronic payment transaction processing services including Dynamic Currency Conversion ("DCC"), Multi-Currency Processing ("MCP") and payment card acceptance
  • Currency Select was a stand-alone subsidiary of Travelex Group
  • Business headquartered in Sydney, Australia
• Global Blue is a leading financial services company, enabling retail transactions between merchants and foreign customers internationally
  • Global Blue is owned by Silver Lake and Partners Group
• The transaction is expected to close in 1Q16

Significance of Transaction

• Acquisition enables Global Blue to expand its DCC offering and provide partners with an enhanced set of products and services
• Allows Global Blue to expand into 8 new DCC markets across Asia Pacific and the Middle East; adds 50 world-class payment specialists to Global Blue's business
• Provides Currency Select resources in order to accelerate innovation, serve more customers and extend its global reach

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to Travelex Group in this transaction
• Developed extensive marketing materials and financial analyses to highlight the unique aspects of the Business, and led all aspects of transaction execution
• Transaction highlights FT Partners' continued success advising leading companies and generating highly successful outcomes in the FX / International Payments space