FLEETCOR Technologies Acquires PayByPhone, Expanding Vehicle Payments For Businesses and Consumers; Deal Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
FLEETCOR Technologies has acquired PayByPhone, a move that expands its vehicle payments capabilities for businesses and consumers. The terms of the deal were not disclosed.
November 07, 2023 | 7:25 am
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FLEETCOR's acquisition of PayByPhone could potentially enhance its vehicle payments capabilities, which may lead to increased revenues and market share.
Acquisitions often provide companies with new capabilities or market access, which can lead to increased revenues and market share. In this case, FLEETCOR's acquisition of PayByPhone could enhance its vehicle payments capabilities, potentially leading to increased revenues and market share.
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