WEX to acquire Payzer for $261m.

WEX, a global commerce platform, agreed to acquire Payzer, a high-growth, cloud-based, field service management software provider, for $261m. “We are thrilled at the prospect of providing an exciting new offering for our Mobility customers with the anticipated acquisition of Payzer. Payzer's top-tier service offering and feature set is at the convergence of SaaS and payments. Payzer is an example of us finding a high-growth market with a customer base that overlaps with our current customer footprint, with a great product and service offering to address the needs of these customers,” Melissa Smith, WEX Chair, CEO and President.