M&A Deal Summary

Corpay Acquires CCS cards

On January 1, 2012, Corpay acquired business services company CCS cards from Advent International

Acquisition Highlights
  • This is Corpay’s 1st transaction in the Business Services sector.
  • This is Corpay’s 2nd transaction in Czech Republic.

M&A Deal Summary

Date 2012-01-01
Target CCS cards
Sector Business Services
Buyer(s) Corpay
Sellers(s) Advent International
Deal Type Add-on Acquisition

Target

CCS cards

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

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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 3 of 39
Sector: Business Services M&A 1 of 9
Type: Add-on Acquisition M&A Deals 2 of 26
Country: Czech Republic M&A 2 of 2
Year: 2012 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-13 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.

Buy £194M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-12 Transferencia Electrónica de Beneficios S.A. de C.V.

Colima, Mexico

Transferencia Electrónica de Beneficios S.A. de C.V. is a provider of payment services via the Bonus® Alimentación prepaid reloadable card.

Buy -

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 127 of 233
Sector: Business Services M&A 9 of 15
Type: Add-on Acquisition M&A Deals 53 of 87
Country: Czech Republic M&A 3 of 5
Year: 2012 M&A 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 National Bankruptcy Services

Dallas, Texas, United States

National Bankruptcy Services is a provider of technology-enabled default management and bankruptcy processing solutions to financial institutions, credit unions, automobile lenders, and mortgage servicers in all 94 bankruptcy jurisdictions. National Bankruptcy Services was founded in 1999 and is based in Dallas, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-31 Five Below

Philadelphia, Pennsylvania, United States

Five Below is a retailer of extreme-value merchandise, all priced between $1.00 and $5.00, to the teen and preteen market. Five Below was founded in 2002 and is based in Philadelphia, Pennsylvania.

Sell -