Fleetcor to acquire Nvoicepay
Fleetcor Technologies has announced that it has signed a definitive agreement to acquire Nvoicepay, a provider of full AP automation for businesses. Nvoicepay delivers automated accounts payable solutions to over 400 business clients, providing a user interface that allows customers to electronically pay all of their suppliers.
The full disbursement capabilities of Nvoicepay along with Fleetcor’s existing card processing solutions, enables businesses to pay their entire accounts payable expenses, including both domestic and international payables.
Alston & Bird provided legal counsel to Fleetcor. Raymond James acted as financial advisor and Cooley LLP provided legal counsel to Nvoicepay.