M&A Deal Summary

FleetCor Acquires Zapay

On March 6, 2024, FleetCor acquired information technology company Zapay

Acquisition Highlights
  • This is FleetCor’s 10th transaction in the Information Technology sector.
  • This is FleetCor’s 4th transaction in Brazil.

M&A Deal Summary

Date 2024-03-06
Target Zapay
Sector Information Technology
Buyer(s) FleetCor
Deal Type Add-on Acquisition

Target

Zapay

Brasília, Brazil
website
Zapay provides a digital mobility solution for paying vehicle taxes, registration, and tickets, and is integrated into the National Traffic Departments in all 27 states. Zapay is based in Brasília, Brazil.

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Buyer(S) 1

Buyer

FleetCor

Atlanta, Georgia, United States

website


Category Company
Founded 1986
Sector Business Services
Employees9,700
Revenue 2.8B USD (2021)
DESCRIPTION
Entrance to FleetCor's corporate headquarters in Norcross, Georgia.
Entrance to FleetCor's corporate headquarters in Norcross, Georgia.

FleetCor is a global provider of fuel cards, commercial payment and data solutions, stored value solutions, and workforce payment products and services to businesses, retailers, commercial fleets, major oil companies, petroleum marketers and government entities in countries throughout North America, Latin America, Europe, Australia and New Zealand. FleetCor's payment programs enable customers to manage and control their commercial payments, card programs, and employee spending and provide card-accepting merchants with a high volume customer base that can increase sales and customer loyalty. FleetCor also provides a suite of fleet related and workforce payment solution products, including mobile telematics services, fleet maintenance management and employee benefit and transportation related payments. FleetCor was formed in 1986 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 34 of 34
Sector (Information Technology) 10 of 10
Type (Add-on Acquisition) 22 of 22
Country (Brazil) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-06 PayByPhone

Vancouver, British Columbia, Canada

PayByPhone is a mobile payments company that helps millions of consumers easily pay for parking without the hassles of coins, lines, or fees. PayByPhone is based in Vancouver, British Columbia.

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