FLEETCOR Technologies, Inc. completed the acquisition of Global Reach Group Limited.
January 04, 2023
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FLEETCOR Technologies, Inc. (NYSE:FLT) signed a definitive agreement to acquire the Global Reach Group Ltd on June 9, 2022. The transaction is expected to close in the fourth quarter of 2022, subject to regulatory approval and standard closing conditions. Patrick Baldwin and Julian Runnicles of Jones Day acted as legal advisors to FLEETCOR Technologies. Eversheds Sutherland acted as legal advisor and Sunil Duggal, Bill Gardiner of Canaccord Genuity Corp. acted as financial advisor to Global Reach.
FLEETCOR Technologies, Inc. (NYSE:FLT) completed the acquisition of Global Reach Group Limited on January 5, 2023.
Corpay, Inc., formerly FLEETCOR Technologies, Inc., is a corporate payments company. It helps businesses and consumers pay expenses. Its suite of payment solutions helps its customers manage vehicle-related expenses, such as fueling and parking; travel expenses, such as hotel bookings, and payables, such as paying vendors. Its solutions include AP Automation, Cross-Border and Commercial Cards. Its AP Automation solutions include procure-to-pay, payment automation and integrations. Its Procure-to-Pay optimizes accounts payable workflows with scheduled payments, automated approvals and real-time tracking, and enables cash flow management and financial decisions. Its trading platform and integrated payment solutions, which can be customized as per clientâs business requirements. Its Multi-Card is a payment method that offers a tailored solution designed for the clientâs business transactions. Its ExpenseTrack platform offers real-time automation, robust security and customized reporting.
CORPAY, INC. 
