Investment Summary

WEX Invests In Unik S/A

On August 30, 2012, WEX invested in business services company Unik S/A for 22M USD

Investment Highlights
  • This is WEX’s 4th transaction in the Business Services sector.
  • This is WEX’s 11th largest (disclosed) transaction.
  • This is WEX’s 1st transaction in Brazil.

Investment Summary

Date 2012-08-30
Target Unik S/A
Sector Business Services
Investor(s) WEX
Deal Type Stake Purchase
Deal Value 22M USD

Target

Unik S/A

Sao Paulo,, Brazil
UNIK is a platform of benefits and financial services with complete and flexible solutions to meet the specific needs of each client. Today, the Company offers payroll cards, prepaid benefits cards, gift cards and cards for awards and social programs. Through UNIK Cards, users can access a wide range of services in a single card: shopping at supermarkets, drugstores and gas stations; bill payments; applying for insurance; emergency withdrawals from an ATM Network and signing up for medical and dental services, among others.

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Investor(S) 1

Investor

WEX

Portland, Maine, United States

Category Company
Founded 1983
Sector Information Technology
Employees6,500
Revenue 2.6B USD (2024)
DESCRIPTION
WEX's corporate headquarters in downtown Portland, Maine.
WEX's corporate headquarters in downtown Portland, Maine.

WEX is a global provider of payment processing and information management services. The Company primarily focuses on simplifying the complexities of payment systems across a wide range of sectors, including fleet, travel and healthcare. For the fleet industry, WEX offers fuel cards and vehicle maintenance solutions to help companies manage their fleets more efficiently. In the travel sector, WEX provides virtual payment solutions that enable travel agencies, corporate travel departments, and online travel providers to automate and manage payments to suppliers. For healthcare, WEX offers healthcare payment products and services that facilitate payments and transactions between patients, providers, and payers. WEX was formed in 1983 and is based in Portland, Maine.


DEAL STATS #
Overall 6 of 19
Sector (Business Services) 4 of 7
Type (Stake Purchase) 1 of 1
Country (Brazil) 1 of 1
Year (2012) 2 of 3
Size (of disclosed) 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-11 CorporatePay

London, United Kingdom

CorporatePay Ltd.is a provider of corporate prepaid solutions to the travel industry including virtual cards, currency cards and expense management solutions.

Buy $28M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-05 FleetOne

Antioch, Tennessee, United States

FleetOne, LLC is a provider of fuel cards and fleet-related payment solutions to businesses and government agencies with vehicles. Company offer fuel and maintenance purchasing controls, detailed reporting, online account management and many additional money-saving services.

Buy $369M