Home > M&A deals 2012 > FleetCor Technologies, Inc. acquires Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V.
Divestiture · Information Technology · March 2012

FleetCor Technologies, Inc. acquires Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V.

On March 12, 2012, FleetCor Technologies, Inc. acquired Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V., an information technology company in Mexico, from NovoPayment, Inc.

Deal at a glance

AnnouncedMarch 12, 2012 TypeDivestiture TargetServicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V. Buyer FleetCor Technologies, Inc. Seller NovoPayment, Inc. SectorInformation Technology LocationMexico ValueNot disclosed

Target company

Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V.
Mexico
Information Technologysector
-founded
Activestatus
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Buyer

FleetCor Technologies, Inc.
Company · 28 deals on record
  • 1st transaction in information technology
  • 1st transaction in Mexico
28deals, all time
2in this sector
2022latest

Seller

NovoPayment, Inc.
Company · 1 deal on record
1investments
1in this sector
1exits

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Questions about this deal

Who acquired Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V.?FleetCor Technologies, Inc. acquired Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V. on March 12, 2012.

Who sold Servicio de Transferencia Electrónica de Beneficios y Pagos S.A. de C.V.?NovoPayment, Inc. was the seller.

What type of deal was it?It was a divestiture in the information technology sector in 2012.

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