Business Services & Equipment M&A » By The Online Investor Staff, updated Thu., May. 9, 10:56 AM
Recent mergers and acquisitions in the Business Services & Equipment M&A category.
Slide #85. FleetCor Technologies, Inc. — NexTraq
Acquirer: |
FleetCor Technologies, Inc. (FLT) |
Acquiree: |
NexTraq |
Details: |
FleetCor Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, announced today that it has acquired NexTraq, a US based provider of telematics solutions to small and medium-sized businesses, from Francisco Partners. |
FleetCor Technologies is a provider of digital payment solutions. Co. has three reportable segments, North America, International, and Brazil. Co.'s proprietary processing and card management solutions provide customers with capabilities including: customizable user-level controls, detailed transaction reporting, programmable alerts, configurable networks, contract price validation and audit, and tax management and reporting. Co.'s Corporate Payments solutions are designed to help businesses streamline the back-office operations associated with making outgoing payments. Co. provides integrated gift card program management and processing services, in both plastic and digital form.
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May 9, 2024 10:56 AM Eastern
Buy (3.41 out of 4)
43rd percentile
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