M&A Deal Summary

Corpay Acquires AllStar Business Solutions

On December 13, 2011, Corpay acquired information technology company AllStar Business Solutions from Arval UK Group for 194M GBP

Acquisition Highlights
  • This is Corpay’s 1st transaction in the Information Technology sector.
  • This is Corpay’s 4th largest (disclosed) transaction.
  • This is Corpay’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-12-13
Target AllStar Business Solutions
Sector Information Technology
Buyer(s) Corpay
Sellers(s) Arval UK Group
Deal Type Divestiture
Deal Value 194M GBP

Target

AllStar Business Solutions

Birmingham, United Kingdom
Allstar Business Solutions Limited provides card payment services under the AllStar name. At present, AllStar has approximately 40 thousand customers and about one million cardholders, a large portion of whom are small and medium sized enterprises. AllStar serves both business clients directly, and strategic partners like Arval leasing who in turn serve their customers. AllStar fuel cards are accepted by all U.K. major fuel brands, including the leading supermarket chains.

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Buyer(S) 1

Buyer

Corpay

Atlanta, Georgia, United States

Category Company
Founded 1986
Sector Business Services
Employees11,200
Revenue 4.0B USD (2024)
DESCRIPTION
Entrance to FleetCor's corporate headquarters in Norcross, Georgia.
Entrance to FleetCor's corporate headquarters in Norcross, Georgia.

Corpay 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. Corpay was formed in 1986 and is based in Atlanta, Georgia.


DEAL STATS #
Overall 2 of 37
Sector (Information Technology) 1 of 11
Type (Divestiture) 1 of 10
Country (United Kingdom) 1 of 6
Year (2011) 1 of 1
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 CCS Česká společnost pro platební karty s.r.o.

Prague, Czech Republic

Czech Society for CCS credit card sro in the Czech market steadily since 1991. The core services of CCS is the issuance and administration of company fuel cards (both current and prepaid), through which clients can conveniently draw fuel in the broadest distribution network of petrol stations in the CR and SR.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 CCS cards

Czech Republic

CCS cards Ltd. provides fuel charge card issuer in the Czech Republic

Buy -

Seller(S) 1

SELLER

Arval UK Group

Swindon, United Kingdom

Category Company
Sector Business Services
DESCRIPTION

Arval UK is a full service vehicle leasing, and owned by BNP Paribas, with substantial buying power and a commitment to quality. With over 35 years of fleet management experience, Arval UK is a people-led company, with specialist teams dedicated to businesses from start-ups to FTSE 100 companies. Arval is investing significantly in technology to improve fleet management efficiency and has a comprehensive range of products and services covering contract hire, fleet management, fuel management, leasing, personal motoring schemes, accident management, breakdown recovery and short term hire.


DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2011) 1 of 1
Size (of disclosed) 1 of 1