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Fleetcor to acquire Nvoicepay

Fleetcor Technologies Inc has agreed to buy Nvoicepay Inc., PE Hub reported. Financial terms of the transaction were not announced. Beaverton, Oregon-based Nvoicepay is a provider of cloud software that automates payments for suppliers. Nvoicepay investors include Napier Park Financial Partners, Mosaik Partners, Silicon Valley Bank and Women’s Venture Capital Fund. Alston & Bird provided legal counsel to Fleetcor on the transaction. Raymond James provided financial advice to Nvoicepay.

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Mergers and Acquisitions,M&A