Corpay, the global corporate payments company, announced the strategic acquisition of GPS Capital Markets, LLC, a business-to-business cross-border and treasury management solutions provider. The acquisition, expected to close in early 2025, is a testament to Corpay’s strategic vision and commitment to growth. It will significantly boost Corpay’s revenue and EPS growth for 2025 by integrating GPS’s assets and client base. Corpay’s third largest deal, it will help scale the business line to nearly $2 billion in revenue by 2026, and expand its reach to approximately 23,000 customers across 145 currencies globally.
Corpay to Acquire Cross-Border Payments Company
