---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-029010"
form_type: "8-K"
ticker: "CPAY"
cik: "0001175454"
company_name: "CORPAY, INC."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:14:29.250417+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Corpay to acquire GPS Capital Markets for $725M, accretive to 2025 EPS

## Summary
- Corpay signs definitive agreement to acquire GPS Capital Markets for ~$725 million.
- Transaction expected to close early 2025, subject to regulatory approval and standard conditions.
- Deal is accretive to 2025 cash EPS; positions Corporate Payments to scale to ~$2B by 2026.
- Combined company will process cross-border payments for 23,000 customers in 145+ currencies.
- Corpay reiterates Q2 2024 outlook; results expected in early August.

## SEC filing metadata
- accession: 0001628280-24-029010
- form_type: 8-K
- ticker: CPAY
- cik: 0001175454
- company_name: CORPAY, INC.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175454/000162828024029010/0001628280-24-029010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175454/000162828024029010/flt-20240619.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-029010
- JSON: https://secwatch.observer/filing/0001628280-24-029010.json
- Plain text: https://secwatch.observer/filing/0001628280-24-029010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.