FLEETCOR Acquires Accrualify

August 3, 2022

FLEETCOR Technologies, Inc. has acquired Accrualify, Inc., a cloud-based accounts payable (AP) automation software provider, to expand its corporate payments and procure-to-pay capabilities. The acquisition adds end-to-end AP workflow and payments execution technology to FLEETCOR's corporate payments platform and is expected to increase demand and revenue per client.

Buyers
FLEETCOR Technologies, Inc.
Targets
Accrualify, Inc.
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

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