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GOODWILL AND ACQUIRED INTANGIBLE ASSETS, NET

3 Months Ended

Mar. 31, 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 three months ended March 31, 2025 is presented below:


(in millions)	Acquired Intangible Assets			Goodwill		Total Intangible Assets
Balance as of December 31, 2024	$	188.9		$	859.2	$	1,048.1
Increases (decreases):
Acquisition	—			0.1		0.1
Amortization	(4.5		)	—		(4.5		)
Foreign currency exchange rate changes	4.3			22.9		27.2
Balance as of March 31, 2025	$	188.7		$	882.2	$	1,070.9

Of the total goodwill balance of $882.2 million as of March 31, 2025, $366.8 million relates to the Money Transfer Segment, $447.3 million relates to the EFT Processing Segment and the remaining $68.1 million relates to the epay Segment. Estimated amortization expense on acquired intangible assets with finite lives as of March 31, 2025, is expected to total $14.3 million for the remainder of 2025, $18.2 million for 2026, $16.7 million for 2027, $16.0 million for 2028 , $16.0 million for 2029 and $15.9 million for 2030.