WEX: Signs Definitive Agreement to Acquire eNett and Optal
- WEX a leading financial technology service provider across a wide spectrum of sectors, including fleet, travel
- Operates in more than 10 countries and in more than 20 currencies through approximately 4,900 associates
- Aligns with WEX’s global growth strategy by extending the Company’s leadership position in the attractive Travel market
- Accelerates WEX’s revenue growth and is accretive to adjusted net income EPS in the first 12 months
- Provides significant global geographic diversification while reducing WEX’s exposure to macro-economic fluctuations
- The combination of WEX’s travel business with eNett and Optal further strengthens leadership in the global travel marketplace
