WEX Completes Acquisition of Payzer
02 Novembro 2023 - 5:15PM
Business Wire
WEX (NYSE: WEX), the global commerce platform that simplifies
the business of running a business, today announced that it has
completed the previously announced acquisition of Payzer, a
high-growth, cloud-based, field service management software
provider.
“We are excited about this deal and to welcome the Payzer team
to WEX,” said Melissa Smith, Chair and CEO, WEX. “We believe our
combination will only strengthen and deepen our offerings to WEX’s
Mobility customers – approximately 150,000 of which operate field
service management companies – by providing them a new, scalable,
and integrated business management software offering.”
WEX previously announced its entry into a definitive agreement
to acquire Payzer on October 26, 2023.
Forward-Looking Statements
This press release includes forward-looking statements including
statements regarding the expected benefits of the acquisition. Any
statements in this press release that are not statements of
historical facts are forward-looking statements. When used in this
press release, the words “anticipate,” “believe,” “continue,”
“could,” “estimate,” “expect,” “intend,” “may,” “plan,” “project,”
“will,” and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain such words. These forward-looking statements
involve known and unknown risks and uncertainties and other factors
that may cause the actual results or performance to be materially
different from future results or performance expressed or implied
by these forward-looking statements, including WEX’s ability to
successfully integrate the acquisition or to realize the
anticipated benefits of the acquisition, as well as other risks and
uncertainties identified in Item 1A of WEX’s Annual Report on Form
10-K for the year ended December 31, 2022, filed with the SEC on
February 28, 2023, and WEX’s Quarterly Reports on Form 10-Q for the
quarters ended March 31, 2023 and June 30, 2023, filed with the SEC
on April 27, 2023 and July 27, 2023, respectively, and subsequent
filings with the SEC. The forward-looking statements speak only as
of the date of this press release and undue reliance should not be
placed on these statements. WEX disclaims any obligation to update
any forward-looking statements as a result of new information,
future events, or otherwise.
About WEX
WEX (NYSE: WEX) is the global commerce platform that simplifies
the business of running a business. WEX has created a powerful
ecosystem that offers seamlessly embedded, personalized solutions
for its customers around the world. Through its rich data and
specialized expertise in simplifying benefits, reimagining mobility
and paying and getting paid, WEX aims to make it easy for companies
to overcome complexity and reach their full potential. For more
information, please visit www.wexinc.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231102161723/en/
News Media Contact: WEX Julie Lydon, 415-816-9397
Julie.Lydon@wexinc.com
Investor Contact: WEX Steve Elder, 207-523-7769
Steve.Elder@wexinc.com
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