WEX, the global commerce platform for fuel and fleet, employee benefits, and business payments, has agreed to acquire Payzer, a cloud-based field service management software provider. The acquisition aligns with WEX’s strategy to expand its product suite and create cross-sell opportunities, particularly in serving small business customers in the field service industry. Payzer offers solutions for HVAC, plumbing, and roofing businesses and has deep relationships with key OEMs in these sectors, simplifying relationships with suppliers.
WEX Signs Definitive Agreement to Acquire Payzer