US Payment Company Completes 3 Trillion Won Cross-Border Acquisition, Confident in Double-Digit Growth Next Year

Corpay, Inc. (NASDAQ: CPAY), the U.S. corporate payments specialist, has filed pro forma financial information reflecting the impact of its acquisition of 100 percent of Alpha Group International in the U.K., completed on October 31, 2025. The purchase consideration is estimated at approximately £1.8 billion (US$2.4 billion), financed through debt, including a new US$90 million Term Loan B and a US$1.0 billion revolver. The purchase price allocation—comprising roughly US$1.0 billion of goodwill and intangible assets—remains preliminary. Concurrently, the company reported a 21 percent increase in fourth-quarter revenue, full-year revenue of US$4.5 billion, and net income of US$1.1 billion, and issued guidance for 16 percent revenue growth and 22 percent adjusted EPS growth in 2026.

After releasing its Q4 2025 results on February 4, Corpay’s shares jumped more than 6 percent on the New York Stock Exchange, reflecting strong market reception. The company also set guidance for roughly US$5.2 billion in revenue and double-digit organic growth in 2026. In 2024, Corpay accelerated its shift to a corporate-payments-focused portfolio by acquiring cross-border solutions provider GPS Capital Markets and divesting its non-core POS business.

Founded in 1986, Corpay is a U.S. S&P 500 corporate payments company that rebranded from Fleetcor Technologies in 2024 and trades under the ticker CPAY on the New York Stock Exchange. It offers B2B spend-management and payment infrastructure—including vehicle fuel and toll payments, corporate cards, lodging payments, and cross-border disbursements—and continues to expand, driven by global enterprises’ growing demand for cost control and automation.