Mergers and Acquisitions (M&A): Corpay (NYSE: CPAY) Completes $2.4 Billion Alpha Group International plc (LSE: ALPH) Acquisition.
Atlanta, Georgia – Corpay has announced the acquisition of Alpha Group International (https://www.alphagroup.com/). According to the company announcement Corpay is a global S&P 500 corporate payments company that provides commercial cards and AP modernization solutions to businesses around the world. Its offerings include business, fleet, and virtual cards, as well as services for invoice and payments automation and cross-border payments. The company’s solutions are designed to help customers better control their purchases, mitigate fraud, and reduce overall spending. In a significant strategic move, Corpay recently completed the acquisition of Alpha Group International plc, a provider of B2B cross-border FX solutions and global bank accounts. This acquisition was part of a major financial undertaking that also saw the company upsize its credit facilities by $1.9 billion.
To learn more about Corpay, visit https://www.corpay.com/
Company LinkedIn Page: https://www.linkedin.com/company/corpay/
Company Contact:
Corpay
3280 Peachtree Road Northeast, Suite 2400
Atlanta, GA 30305
800-877-9019
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