GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

6 Months Ended

Jun. 30, 2025

GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

(6) GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

A summary of acquired intangible assets and goodwill activity for the six months ended June 30, 2025 is presented below:

		Acquired				Total
		Intangible				Intangible
(in millions)		Assets		Goodwill		Assets
Balance as of December 31, 2024	$	188.9	$	859.2	$	1,048.1
Increases (decreases):
Acquisition		9.9		15.8		25.7
Impairment		—		—		—
Amortization		(9.2)		—		(9.2)
Foreign currency exchange rate changes		15.9		79.9		95.8
Balance as of June 30, 2025	$	205.5	$	954.9	$	1,160.4

Of the total goodwill balance of $954.9 million as of June 30, 2025, $402.7 million relates to the Money Transfer Segment, $480.5 million relates to the EFT Processing Segment and the remaining $71.7 million relates to the epay Segment. Estimated amortization expense on acquired intangible assets with finite lives as of June 30, 2025, is expected to total $10.0 million for the remainder of 2025, $19.2 million for 2026, $17.8 million for 2027, $17.0 million for 2028, $17.0 million for 2029 and $17.0 million for 2030.