Corpay Inc has entered into a definitive agreement to acquire Alpha Group, a British financial services provider, in a transaction valued at billions of dollars.

The acquisition is expected to enhance Corpay’s presence in the investment funds customer segment, expanding its global reach and capabilities. This strategic move aims to strengthen Corpay’s position in the market.

Key highlights of the acquisition include:

  • Corpay’s entry into the investment funds customer segment
  • Expansion of Corpay’s global reach and capabilities
  • Strengthening of Corpay’s position in the market

The terms of the transaction have not been disclosed.