Atlanta, GA. - April 3, 2007 - FleetCor, the Global Fleet Card Company, announced today that it has acquired The Fuel Card Company UK from Jonathan Turner, Founder and CEO. The Fuel Card Company UK is one of the largest commercial fuel card resellers in the U.K. marketplace, enjoying partnerships with most commercial fueling networks in the United Kingdom including: Shell, Esso, Texaco, Keyfuels, and Routemate, among others. The company directly serves more than 5,000 business fleets.
"We are excited to make this announcement, as we continue to broaden our presence in the U.K.," said Ron Clarke, FleetCor's Chairman and CEO.
"The Fuel Card Company UK has a stellar reputation among commercial fleet owners for outstanding quality and customer service," Clarke continued. "This acquisition represents a terrific complement to our U.K.-based Keyfuels fuel card business, and signals our continuing efforts to build a market-leading position in Europe."
"FleetCor is the worldwide leader in fuel cards, and is a great long-term home for our business," said Jonathan Turner, The Fuel Card Company UK's Founder and CEO. "We look forward to working with both the FleetCor and Keyfuels teams as they continue to expand in the U.K."
Fleetcor, (www.fleetcor.com), The Global Fleet Card Company, was established in 2000 in Atlanta, Georgia. FleetCor is privately owned by a group of institutional private equity investors, including Bain Capital, Summit Partners, and Advent International. FleetCor is the worldwide leader in fuel card processing serving over 500,000 business Fleets and approximately 3 million cardholders in the US, Canada, and Europe. FleetCor's card programs are marketed under a variety of brand names including: CCS, CFN, Keyfuels, FleetNet, FleetSource, FleetWide, Fuelman and Mannatec. FleetCor and its subsidiaries employ over 700 associates located in 20 offices.
For more information contact:
Richelle Gillett, DDB Public Relations