On the Record · Corpay
Corpay acquisitions, on the record
The businesses Corpay bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Global ReachWord for word“In January 2023, we acquired Global Reach, a U.K.-based cross border payments provider, for approximately $102.9 million , net of cash.” 10-K for 2023 | acquisition | In January 2023 | approximately $102.9 million , net of cash |
Mina Digital LimitedWord for word“In February 2023, we acquired the remainder of Mina Digital Limited, a cloud-based electric vehicle ("EV") charging softwa re platform, and we also acquired Business Gateway AG, a European-based vehicle maintenance provider, for a total of approximately $23.8 million, net of cash.” 10-K for 2023 | acquisition | In February 2023 | for a total of approximately $23.8 million, net of cash |
PayByPhone Technologies, Inc.Word for word“In September 2023, we acquired PayByPhone Technologies, Inc. a global parking payment application, for approximately $301.6 million, net of cash.” 10-K for 2023 | acquisition | In September 2023 | approximately $301.6 million, net of cash |
Russian businessWord for word“In the third quarter of 2023, we disposed of our Russian business for $197.0 million, net of cash disposed and net of a $5.6 million foreign exchange loss upon the conversion of the ruble-denominated proceeds to U.S. dollars.” 10-K for 2023 | divestiture | In the third quarter of 2023 | $197.0 million, net of cash disposed and net of a $5.6 million foreign exchange loss |
RoomexWord for word“In November 2022, we completed the acquisition of Roomex, a European workforce lodging provider serving the U.K. and German markets for approximately $56.8 million, net of cash.” 10-K for 2023 | acquisition | In November 2022 | for approximately $56.8 million, net of cash |
PlugsurfingWord for word“In September 2022, we completed the acquisition of Plugsurfing, a European EV software and network provider, for $75.8 million, net of cash.” 10-K for 2023 | acquisition | In September 2022 | for $75.8 million, net of cash |
AccrualifyWord for word“In August 2022, we completed the acquisition of Accrualify, an accounts payable (AP) automation software company, for $41.2 million, net of cash.” 10-K for 2023 | acquisition | In August 2022 | for $41.2 million, net of cash |
LevartiWord for word“In March 2022, we completed the acquisition of Levarti, a U.S.-based airline software platform company, for $23.7 million, net of cash.” 10-K for 2023 | acquisition | In March 2022 | for $23.7 million, net of cash |
ZapayWord for word“In March 2024, we acquired 70% of Zapay, a Brazil-based digital mobility solution for paying vehicle-related taxes and compliance fees, for approximately $59.5 million , net of cash.” 10-K for 2024 | acquisition | In March 2024 | approximately $59.5 million |
PaymerangWord for word“In July 2024, we acquired 100% of Paymerang, a U.S. based leader in accounts payables automation solutions, for approximately $179.2 million , net of cash and cash equivalents and restricted cash acquired of $309 million .” 10-K for 2024 | acquisition | In July 2024 | approximately $179.2 million |
GPS Capital Markets, LLCWord for word“In December 2024, we acquired 100% of GPS Capital Markets, LLC ("GPS") for approximately $576.2 million , net of cash and cash equivalents and restricted cash acquired of $190.7 million .” 10-K for 2024 | acquisition | In December 2024 | approximately $576.2 million |
merchant solutions businessWord for word“In December 2024, we disposed of our merchant solutions business for $185.5 million , net of cash disposed.” 10-K for 2024 | divestiture | In December 2024 | $185.5 million |
Mina Digital Limited and Business Gateway AGWord for word“In February 2023, we acquired the remainder of Mina Digital Limited, a cloud-based electric vehicle (EV) charging softwa re platfo rm, and we also acquired Business Gateway AG, a European-based vehicle maintenance provider, for a total of approximately $23.8 million, net of cash.” 10-K for 2024 | acquisition | In February 2023 | a total of approximately $23.8 million |
Russia businessWord for word“In the third quarter of 2023, we disposed of our Russian business for $197.0 million , net of cash disposed and net of a $5.6 million foreign exchange loss upon the conversion of the ruble-denominated proceeds to U.S. dollars.” 10-K for 2024 | divestiture | In the third quarter of 2023 | $197.0 million |
Alpha Group International plcWord for word“On October 31, 2025, we completed the acquisition of all of the ordinary shares of Alpha for £42.50 in cash for each Alpha share upon the terms as described in the Rule 2.7 Announcement, resulting in an aggregate purchase price of approximately £1.8 billion , or $2.4 billion .” 10-K for 2025 | acquisition | October 31, 2025 | approximately £1.8 billion |
BP private label fuel card portfolioWord for word“In July 2025, we announced the divestiture of our BP private label fuel card portfolio for approximately $60 million.” 10-K for 2025 | divestiture | — | approximately $60 million |
PayByPhoneWord for word“Subsequently, i n February 2026, we signed a definitive agreement to sell PayByPhone, a mobile parking payments business within our Vehicle Payments segment to a third party for $450 million .” 10-K for 2025 | agreed divestiture | February 2026 | $450 million |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $1.33 billion | $0 | $687.8 million |
| 2017-12-31 | $705.3 million | $316.5 million | $556.1 million |
| 2018-12-31 | $20.8 million | $98.7 million | $16.2 million |
| 2019-12-31 | $448.3 million | $0 | $288.4 million |
| 2020-12-31 | $80.8 million | $0 | $28.9 million |
| 2021-12-31 | $602.1 million | — | $423.8 million |
| 2022-12-31 | $216.9 million | — | $159.2 million |
| 2023-12-31 | $428.3 million | — | $382.8 million |
| 2024-12-31 | $821.9 million | — | $710.5 million |
| 2025-12-31 | −$1.93 billion | — | $1.34 billion |
Deal filings since 2016
- 2026-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-02-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-07-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-03-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Corpay’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-27. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.