Fleetcor

Fleetcor Technologies Inc
Public
Traded as NYSE: FLT[1]
Industry Business Services
Founded 2000[2]
Headquarters Norcross, GA
Key people
 Ronald F. Clarke
(CEO)
IncreaseUS$324.928 million (2012)[3]
Increase US$ 216.199 million (2012)[3]
Total assets Increase US$ 2.721  billion (2013)[3]
Website www.fleetcor.com

FLEETCOR Technologies, Inc provides fuel cards and workforce payment products and services. Their customers include businesses, commercial fleets, oil companies, petroleum marketers and government in America, Europe and Brazil. The company provides services through two segments: North American and International segments. FLEETCOR’s predecessor company was founded in the United States in 1986.[4]

International activity

FLEETCOR Europe Limited operates as a subsidiary of FLEETCOR Technologies, Inc.[5]

The company has branches in the Netherlands,[6] Germany,[7] Belgium,[8] Slovakia[9] and other European countries.

History

Fleetcor offices in Peachtree Corners

In 2000, FleetCor is established.[10]

In 2000, it completed the acquisition of Fuelman and created ARCO fleet card.[10]

In 2003, it completed the acquisition of Commercial Fueling Network (CFN), a petroleum distributors fleet card company in North American.[10]

In 2004, it completed the acquisition of Mannatec, a petroleum distributors fleet card company in North American.[10]

In 2006, it completed the acquisition of Keyfuels, a petroleum distributor fleet card company in the United Kingdom and CCS, a fleet card company in Czech Republic.[10]

In 2007, it completed the acquisition of the Fuelcard Company, a commercial fuel card reseller in the United Kingdom.[10]

On June 15, 2012, it completed the acquisition of a Russian fuel card company.[11]

On July 3, 2012, it completed the acquisition of CTF Technologies, Inc.[11]

In March 2013, it completed the acquisition of certain fuel card assets from GE Capital Australia's Custom Fleet leasing business.[11]

In May 2013, it completed the acquisition of Cardlink Systems Ltd.[11]

On September 9, 2013, FleetCor Technologies Inc completed the acquisition of VB Servicos Comercio e Administracao Ltda, a Brazilian transportation cards provider.[11]

In October 2013, FleetCor Technologies, Inc completed the acquisition of Epyx, a provider to the fleet maintenance, service and repair marketplace.[11]

In December 2014, FleetCor Technologies, Inc completed the acquisition of Comdata, a provider of fleet credit cards in the trucking industry and corporate payments servicer based in Brentwood, TN

In May 2017, FleetCor Technologies, Inc entered into a definitive agreement to acquire Cambridge Global Payments (“Cambridge”), a leading B2B international payments provider.

References

  1. ↑ traded symbols
  2. ↑
  3. 1 2 3 "Selected Financial Data".
  4. ↑
  5. ↑ "Fleetcor Europe Limited: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-02-24.
  6. ↑ "De tankpas van de aanbieder in de Nederland. Verschillende soorten tankpassen | FLEETCOR". fleetcor.nl (in Dutch). Retrieved 2017-02-24.
  7. ↑ "Die Tankkarte für Unternehmen von Shell | FLEETCOR". fleetcor.de (in German). Retrieved 2017-02-24.
  8. ↑ "Aanbieder tankkaart EuroShell Card in België | FleetCor". fleetcorcards.be (in be_nl). Retrieved 2017-02-24.
  9. ↑ "Fleetcor SK |". fleetcor.sk (in Slovak). Retrieved 2017-02-24.
  10. 1 2 3 4 5 6 history
  11. 1 2 3 4 5 6 history
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