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Wex Completes Acquisition Of Payzer
WEX, a global commerce platform, has successfully completed its acquisition of Payzer, a high-growth, cloud-based field service management software provider. This move aims to enhance WEX's offerings for approximately 150,000 Mobility customers, including those operating field service management companies. The acquisition provides these customers with a scalable and integrated business management software solution. Melissa Smith, Chair and CEO of WEX, expressed excitement about the deal and welcoming the Payzer team into the WEX family. This acquisition reinforces WEX's commitment to simplifying the business operations of its customers and expanding its range of services for the field service management industry. The definitive agreement for this acquisition was initially announced on October 26, 2023.
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