WEX Acquisitions and Exits, 16 Deals Between 2007 and 2019
business services Company

WEX has acquired 16 companies, including 6 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 2 assets.

WEX’s largest acquisition to date was in 2015, when it acquired Electronic Funds Source for $1.1B. It’s largest disclosed sale occurred in 2014, when it sold Pacific Pride Services to FleetCor Technologies for $50M. WEX has acquired in 9 different US states, and 5 countries. The Company’s most targeted sectors include business services (50%) and financial services (15%).

Join Mergr and gain access to WEX’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the business services sector.

WEX, Inc.

1 Hancock Street,
Portland, Maine 04106
United States,
(207) 773-8171
www.wexinc.com

Wright Express Corp.provides payment processing and information management services to the commercial and government vehicle fleet industry in the U.S., Canada, New Zealand, and Australia. WEX was founded in 1983 and is headquartered in Portland, Maine.

M&A Summary

Buy vs Sell

Year ≤ '14 '15 '16 '17 '18 '19 T
Buy (1.0/yr) # 9 2 - - 1 2 14
vol $1.3B $1.2B $425M $2.9B
Sell (0.2/yr) # 1 - - 1 - - 2
vol $50M $50M
  16

Top M&A Advisors

Financial Deals
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3
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1
Legal Deals
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4
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1
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1

Deal Values

Buy # TOTAL
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
TOTAL Sign-up to View
Largest Electronic Funds Source LLC
$1.1B (2015-10-19)
Sell # Total
> $1B Sign-up to View
$100M to $1B Sign-up to View
< $100M Sign-up to View
Total Sign-up to View
Largest Pacific Pride Services LLC
$50M (2014-07-30)

Business Services M&A - Last 3 Years

When analyzing the business services sector as a whole, according to Mergr, in the last 3 years, there are 821 business services companies that have made at least 1 acquisition, 53 have acquired at least 5 companies, and 10 have acquired more than 10 companies.

The most prolific strategic business services acquirer over the past 3 years is Ascensus, with 19 acquisitions. The most prolific private equity acquirer in the business services sector over the past 3 years is Business Growth Fund Ltd. (BGF) with 5 platform acquisitions.


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