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January 5, 2011

BGL and Pablo Rion Advise Monex on Acquisition of Tempus Consulting

Brown Gibbons Lang & Company, together with its Mexican Global M&A partner, Pablo Rión Y Asociados, announced today that 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.”

All required regulatory authorities, both federal and state, in Mexico, the United States, and the United Kingdom have reviewed and approved the transaction. In total, 31 different regulators were involved in the notification and approval process.

About Pablo Rión Y Asociados

Pablo Rión Y Asociados is a leading independent investment bank serving middle market companies and their owners throughout Mexico and internationally, specializing in mergers & acquisitions, debt & equity placements, and financial restructurings. Pablo Rión is the Mexican shareholder in Global M&A, the world’s leading partnership of independent middle market financial advisory firms focusing on cross-border transactions. For more information, visit www.pablorion.com.