WEX completed the acquisition of eNett and Optal from Siris Capital and Elliot Management for $578m.

WEX, a financial technology service provider, completed the acquisition of eNett International, a provider of B2B payments solutions to the travel industry and Optal, a company that specializes in optimizing B2B transactions, from private equity firms Siris Capital Group and Elliot Management for $578m. “We are pleased to be joining forces with WEX to offer leading travel companies globally an enhanced and unrivaled suite of innovative payment solutions. We look forward to working with the WEX team to successfully integrate our complementary assets, including our technology, products, and most importantly, our people,” Anthony Hynes, eNett Managing Director and CEO.