Corpay Completes $2.4 Billion Acquisition of Alpha Group
Corpay, Inc. has successfully acquired Alpha Group International plc for $2.4 billion, enhancing its B2B cross-border FX solutions and global bank accounts for corporations. The acquisition aims to expand Alpha's investment manager relationships into the US and Asia. Corpay also increased its revolving credit facility by $1 billion to $2.775 billion and secured a new $900 million seven-year Term Loan B to finance the acquisition. Moody’s and S&P Global have maintained stable credit ratings for Corpay.
Corpay, Inc. has completed its acquisition of Alpha Group International plc, a UK-based provider of B2B cross-border FX solutions and global bank accounts for corporations and investment funds in Europe. Corpay expects to expand Alpha’s investment manager relationships into the US and Asia, with integration planning already underway. The company also closed on an amendment to its revolving credit facility, increasing it by $1 billion to a total of $2.775 billion, and entered into a new $900 million seven-year Term Loan B to help fund the acquisition. Both Moody’s and S&P Global maintained their respective Ba1 and BB+ credit ratings for Corpay, each with a stable outlook. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corpay Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251105838574) on November 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
