Press Release May 22, 2024

Alston & Bird Represents Corpay in Agreement to Acquire Paymerang

Alston & Bird represented Corpay Inc., a global business payments and expense management company, in its agreement to acquire Paymerang LLC, an invoice and payment solution software company and portfolio company of Aldrich Capital Partners. The approximately $475 million transaction is set to close in the second quarter of 2024, pending regulatory approvals and customary closing conditions.

Representing Corpay was an Alston & Bird team led by partner Chris Baugher (Payments & Fintech); partner Scott Kitchens and senior associate Brittany Raway (Corporate & Business Transactions); senior associate John Hobgood (Financial Services); partner Chris Lightner (Patent Prosecution, Counseling & Review); partner Brett Coburn and senior associate Kaitlin Owen (Labor & Employment); partner Blake MacKay and senior attorney Laurie Kirkwood (Employee Benefits & Executive Compensation); senior associate Dorian Simmons (Privacy, Cyber & Data Strategy); senior associate John Harden (Federal & International Tax); associates Jacob Fucetola and Walter Goss (Corporate & Business Transactions); associates Caroline Dailey and Zach Newquist (Financial Services); associate Santiago Villar (Technology & Privacy); and counsel Jennifer Pike (Health Care).

Media Contact
Alex Wolfe
Communications Director

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