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October 21, 2015
WEX To Buy EFS For $1.4 Billion
News // October 20, 2015

WEX Inc., the corporate payments company, will buy Electronic Funds Source LLC from Warburg Pincus, the private equity firm, in a deal worth as much as $1.4 billion. The Wall Street Journal reported on Monday (Oct. 19) that under the terms of the agreement, WEX...

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WEX To Buy EFS For $1.4 Billion

October 20, 2015
WEX Inc., the corporate payments company, will buy Electronic Funds Source LLC from Warburg Pincus, the private equity firm, in a deal worth as much as $1.4 billion. The Wall Street Journal reported on Monday (Oct. 19) that under the terms of the agreement, WEX will pay $1.1 billion in cash, along with an issuance […]