WEX Completes Acquisition Of Payzer

 


WEX, the global commerce platform, has successfully completed the acquisition of Payzer, a high-growth, cloud-based provider of field service management software. Melissa Smith, Chair and CEO of WEX, expressed enthusiasm for the deal, welcoming the Payzer team to the WEX family. This strategic move aims to enhance WEX's offerings to its Mobility customers, approximately 150,000 of which operate field service management companies. The acquisition will introduce a new, scalable, and integrated business management software solution to cater to the diverse needs of these businesses. The definitive agreement for this acquisition was initially announced on October 26, 2023.

With the completion of this acquisition, WEX reinforces its commitment to simplifying and optimizing business operations for companies worldwide, particularly those in the field service management sector. This marks a significant step in WEX's mission to provide comprehensive support to businesses across various industries, underscoring its vision of streamlining the business of running a business.

Read More - https://www.techdogs.com/tech-news/business-wire/wex-completes-acquisition-of-payzer

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