M&A Deal Summary

Corpay Acquires CCS Česká společnost pro platební karty s.r.o.

On January 1, 2006, Corpay acquired financial services company CCS Česká společnost pro platební karty s.r.o. from Genesis Capital

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

M&A Deal Summary

Date 2006-01-01
Target CCS Česká společnost pro platební karty s.r.o.
Sector Financial Services
Buyer(s) Corpay
Sellers(s) Genesis Capital
Deal Type Add-on Acquisition

Target

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.

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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 1 of 39
Sector: Financial Services M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 26
Country: Czech Republic M&A 1 of 2
Year: 2006 M&A 1 of 1
FOLLOWING 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

Seller(S) 1

SELLER

Genesis Capital

Prague, Czech Republic

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1999
PE ASSETS 225M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Genesis Capital SRO is a private equity firm specializing in buyouts (MBOs, MBIs, LBO) and growth capital investments in small and mid-sized enterprises throughout the Czech Republic and Slovakia. Genesis looks to commit €2 to €9 million of equity per transaction (more with co-investors). Genesis generally targets proven businesses with growth potential and strong management. Areas of interest includes processing industry products, commercial services, energy, technology, specialized chemicals, construction materials, healthcare, leisure, selected security equipment and specialty retail. Genesis will not invest in real estate, firearms, gambling, adult entertainment, tobacco or alcohol. Genesis Capital SRO was formed in 1999 and is based in Czech Republic.


DEAL STATS #
Overall 7 of 26
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 11
Country: Czech Republic M&A 5 of 23
Year: 2006 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Slovanet a.s.

Bratislava, Slovakia

Slovanet Provider of comprehensive communication systems for businesses and homes; internet service provider.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-01 Energetické strojírny Brno a.s.

Brno, Czech Republic

Energetické strojírny Brno, a.s. Repair and maintenance of energy systems; manufacturing switchboards. Servicing, inspection and repair of transformers, electric motors, generators. Corrections and revisions of low and high voltage electric motors of domestic and foreign manufacturers in thermal class "F".

Buy -