M&A Deal of the Week: WEX Acquires eNett and Optal

Fintech

m&a-deal-of-the-week:-wex-acquires-enett-and-optal

On January 20th, WEX announced that it was acquiring eNett and Optal, two highly integrated companies with a focus on innovative B2B payments for a combined value of $1.7 billion. WEX’s strategy for this deal includes establishing itself as a stronger leader in the growing travel payments market as well as a global expansion.