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Corpay, Inc. completes acquisition of GPS Capital Markets, LLC to enhance cross-border payment solutions

PUBLIC · CPAYDec 02, 2024

Acquiring Company

Corpay

Acquired Company

GPS Capital Markets

AtlantaFinancial ServicesPaymentsFintechFinance

Description

Corpay, Inc., a global S&P 500 corporate payments company, has completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S. This acquisition is expected to significantly enhance Corpay’s cross-border payment solutions and contribute to the company’s projected revenue growth.

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Company Information

Company

Corpay

Location

3280 Peachtree Road

Atlanta, Georgia, United States

About

Corpay (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay’s suite of modern payment solutions help its customers better manage vehicle-related expenses, travel expenses, and payables, resulting in time and cost savings. Global businesses and institutions trust Corpay Cross-Border solutions to power their international payments, manage currency risk, and support their global growth.

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Frequently asked

Who acquired GPS Capital Markets?

GPS Capital Markets was acquired by Corpay, based in Atlanta. The deal was reported on December 2, 2024. Corpay (NYSE: CPAY) is a global S&P500 corporate payments company that helps businesses and consumers pay expenses in a simple, controlled manner. Corpay is publicly traded (CPAY) and operates in Financial Services.

When did Corpay acquire GPS Capital Markets?

Corpay's acquisition of GPS Capital Markets was reported on December 2, 2024. Corpay, Inc., a global S&P 500 corporate payments company, has completed the acquisition of GPS Capital Markets, LLC, a business-to-business cross-border solutions provider to upper middle market companies, primarily in the U.S. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does GPS Capital Markets do?

GPS Capital Markets, LLC provides business-to-business cross-border and treasury management solutions to upper middle market companies, primarily in the US. It is privately held, operating in Finance.

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