FLT - Mergers and acquisitions

Expands Vehicle Payments for Businesses and Consumers FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global business payments company, today announced the acquisition of PayByPhone, a global provider of digital parking payment solutions. The acquisition expands FLEETCOR's vehicle payment solution set for both its fleet customers and consumers. "We are delighted to announce the PayByPhone acquisition. Our acquisition was driven by two key strategic objectives. First, by providing our customers access to one of the world's leading parking apps, it helps expand the vehicle payment solutions we provide our B2B fleet customers in North America and Europe. Second, it will serve as an ancho

Acquisition of At-Home Charging Capabilities Follows a Successful Partnership FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global business payments and spend management company, today announced the acquisition of Mina, a cloud-based electric vehicle (EV) charging software platform. The acquisition provides FLEETCOR with the market-leading home-charging software solution for commercial fleets in the UK and follows a successful partnership between the companies. The acquisition gives FLEETCOR the UK's only EV re-charging solution that captures, calculates and pays for at-home business-use charging directly with the energy provider. Mina's solution helps commercial fleets manage the tra

Deal Expected to be Immediately Accretive in 2023 FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global business payments company, completed the acquisition of Global Reach Group, a UK-based cross-border payments provider. With the acquisition, FLEETCOR increases its cross-border payments scale and strengthens its position as a leading non-bank B2B global cross-border payments provider. Global Reach Group facilitates international payments for customers of all sizes across a variety of industries. This acquisition bolsters FLEETCOR's cross-border payments footprint in the UK, EU and Canada. Today, FLEETCOR processes cross-border payments in more than 145 currencies for approximately 27

Rounds Out Corporate Payments Platform Capabilities FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global business payments company, today announced it has acquired Accrualify, Inc., an accounts payable (AP) automation software company. The Accrualify acquisition strengthens FLEETCOR®'s portfolio of payments solutions and rounds out its corporate payments platform capabilities. Accrualify's technology helps companies automate every step of the procure-to-pay (P2P) process, from purchase request to payment. The comprehensive, cloud-based software platform provides middle market companies full end-to-end procurement and invoice process automation as well as payments execution. "The Accr

Raises Full Year 2021 Adjusted EPS Guidance FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global business payments company, today completed the acquisition of Associated Foreign Exchange (AFEX), an international cross-border payments provider. By acquiring AFEX, FLEETCOR® builds upon its corporate payments line of business and strengthens its position as one of the largest global business payment companies in the world. AFEX delivers global cross-border payment solutions that help small- and medium-sized businesses (SMBs) break down currency barriers to facilitate international growth. AFEX joins FLEETCOR's cross-border payments counterpart, Cambridge Global Payments, in its corporate

ATLANTA--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. The acquisition will extend FLEETCOR’s portfolio of accounts payable automation solutions to small businesses, helping them automate their manual payment processes. The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment. The platform helps SMBs gather and scan invoices and receipts, eliminate manual data entry using machine learning technology, approve and execute payments, setup automated workflows, and sync