WEX Completes Acquisition of Payzer

WEX-Completes-Acquisition-of-Payzer

WEX previously announced its entry into a definitive agreement to acquire Payzer on October 26, 2023.

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.