Corpay acquires GPS Capital Markets to expand services and boost revenue towards $1.5B by 2025.
Corporate payments firm Corpay has completed its acquisition of GPS Capital Markets, a company specializing in cross-border solutions for middle-market U.S. firms. This follows Corpay's earlier acquisition of Paymerang, aiming to boost Corpay's revenue to over $1.5 billion by 2025. The acquisitions are expected to contribute over $200 million in revenue this year and enhance Corpay’s presence in sectors like education, healthcare, and manufacturing.
4 months ago
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