Corpay to Acquire UK’s Alpha Group for $2.2 Billion at 4,250 Pence Per Share to Expand Private Markets

Corpay, a U.S.-based business payments firm, announced on July 23, 2025, its agreement to acquire the British financial services provider Alpha Group in a cash deal valued at $2.2 billion, equivalent to 1.6 billion pounds. The acquisition price is set at 4,250 pence per share. Corpay aims to leverage this purchase to expand its footprint in the fast-growing private markets sector, particularly among investment managers. Alpha Group is recognized as a B2B cross-border foreign exchange company, and the deal reflects Corpay's strategic push to strengthen its presence in private markets.