M&A Deal Summary

Corpay Acquires Travelliance

On October 2, 2019, Corpay acquired leisure company Travelliance

Acquisition Highlights
  • This is Corpay’s 1st transaction in the Leisure sector.
  • This is Corpay’s 8th transaction in the United States.
  • This is Corpay’s 1st transaction in Illinois.

M&A Deal Summary
Date 2019-10-02
Target Travelliance
Sector Leisure
Buyer(s) Corpay
Deal Type Add-on Acquisition

Target

Travelliance

Schaumburg, Illinois, United States
Travelliance, Inc. is an airline lodging programs serving distressed airline passengers, airline crews, and airline employees. Travelliance is based in Schaumburg, Illinois.

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Buyer(S) 1

Buyer

Corpay

Atlanta, Georgia, United States
Category Company
Founded 1986
Sector Business Services
Employees10
Revenue 3.8B USD (2023)
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 24 of 36
Sector (Leisure) 1 of 1
Type (Add-on Acquisition) 13 of 24
State (Illinois) 1 of 1
Country (United States) 8 of 13
Year (2019) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-08 SOLE Financial

Portland, Oregon, United States

SOLE Financial, Inc. is a payroll card provider enabling instant, affordable wage access for workers. SOLE Financial is based in Portland, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-17 Associated Foreign Exchange

Woodland Hills, California, United States

Associated Foreign Exchange, Inc. is a payment and risk management solutions provider that specializes in cross-border transactions and provides market expertise and unrivalled customer service for businesses and private clients. Associated Foreign Exchange was founded in 1979 and is based in Woodland Hills, California.

Buy -
Mergr

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