WEX, Inc. (WEX) in Ariel Small Cap Value Strategy 2024 Q3

Strategic Positioning in Niche Payment Solutions

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May 16, 2025
Summary
  • Initiated position in niche payment solutions provider.
  • Unique offerings simplify, protect, and analyze payment flows.
  • Long-term targets of 8%-12% organic revenue growth and 15%-20% adjusted net income growth.

In the Ariel Small Cap Value Strategy 2024 Q3, a position was initiated in WEX, Inc., a niche payment solutions provider for the fleet, travel, and healthcare benefits industries. The company’s unique offerings simplify, protect, and analyze various payment flows.

"We view this as an opportunity to own a market leader in attractive, recurring, and high margin niches, poised to benefit from growing payments outsourcing." — Ariel Small Cap Value Strategy 2024 Q3 Fund Letter

Read full letter at gurufocus Ariel Small Cap Value Strategy 2024 Q3 page.