2017 Press Releases

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08/23/17FLEETCOR Renews its Contract with ARCO®
NORCROSS, Ga.--(BUSINESS WIRE)--Aug. 23, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, announced today that it has renewed its agreement to manage the commercial fleet card program for ARCO®, a fuel brand from Andeavor, a marketing, logistics and refining company. Through the extension, FLEETCOR will continue to operate ARCO’s Business Solutions program – a commercial fleet card program FLEETCOR... 
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08/09/17FLEETCOR Completes Acquisition of Cambridge Global Payments, a Leading B2B International Payments Provider
Expands Corporate Payments Business into Adjacent Cross-Border Payments Market NORCROSS, Ga.--(BUSINESS WIRE)--Aug. 9, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, has closed its acquisition of Cambridge Global Payments (“Cambridge”), a leading B2B international payments provider, for approximately $690 million. The purchase agreement was previously announced on May 1, 2017. ... 
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08/03/17First Data and FLEETCOR Announce Termination of Joint Venture Agreement; Will Continue to Discuss Innovative Ways to Partner
NEW YORK--(BUSINESS WIRE)-- First Data (NYSE: FDC), a global leader in commerce-enabling technology, and FLEETCOR Technologies Inc. (NYSE: FLT), a leading global provider of commercial payment solutions, today announced that they have terminated the joint venture agreement they entered in March 2017. That agreement would have combined the gift card businesses of both parties. This Smart News Release features multimedia. View the full release here: http://www.businesswire... 
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08/03/17FLEETCOR Reports Second Quarter 2017 Financial Results
NORCROSS, Ga.--(BUSINESS WIRE)--Aug. 3, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions, today reported financial results for its second quarter ended June 30, 2017. “We reported another very good quarter, with adjusted net income per diluted share growth of 26%, and organic revenue growth of approximately 9% in the quarter, on a constant fuel price, currency, and spread basis,” said... 
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08/03/17FLEETCOR Announces Increase in Share Repurchase Program and Entry into $250 Million ASR Program
NORCROSS, Ga.--(BUSINESS WIRE)--Aug. 3, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of commercial payment solutions , announced today that its board of directors has authorized an increase in the size of the Company’s previously announced share repurchase program by an additional $250 million and an extension of the program by an additional 18 months. With the increase, and giving effect to the Company’s $240 million of ... 
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08/03/17FLEETCOR Announces Completion of Term Loan Upsizing and Extension
NORCROSS, Ga.--(BUSINESS WIRE)--Aug. 3, 2017-- FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global provider of commercial payment solutions, announced today the successful upsizing of its senior secured credit facilities of approximately $709 million and extension of the credit facilities as well. The lenders have agreed to an amendment that increases the Term A Loan to $2.690 billion, increases the Revolver Loans to $1.285 billion and increases th... 
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07/20/17FLEETCOR Technologies to Announce Second Quarter 2017 Results on August 3, 2017
NORCROSS, Ga.--(BUSINESS WIRE)--Jul. 20, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), today announced that the Company will host a conference call to discuss second quarter financial results on Thursday, August 3, 2017 at 5:00 pm ET. Hosting the call will be Ron Clarke, chairman and chief executive officer, and Eric Dey, chief financial officer. A press release with second quarter financial results will be issued after the market close that same day. ... 
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06/26/17FLEETCOR Migrates Comdata Business to IBM Cloud
IBM Cloud infrastructure provides on-demand scalability, rapid disaster recovery response capabilities, and enhanced security NORCROSS, Ga.--(BUSINESS WIRE)--Jun. 26, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment solutions, today announced the successful migration of its Comdata business to IBM’s state-of-the-art cloud-based processing environment. The flexibility and advanced capa... 
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06/19/17FLEETCOR Appoints New Head of Global Fuel Cards
NORCROSS, Ga.--(BUSINESS WIRE)--Jun. 19, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment solutions, announces the promotion of Steve Greene to President of Global Fuel Cards, a newly-created position for the company. His appointment is effective immediately, and he will be based at the FLEETCOR global headquarters in Norcross, Georgia. Reporting to Chief Executive Officer and Chairman R... 
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06/14/17Michelin to Acquire NexTraq, a Telematics Provider, from FLEETCOR
Expands Fleet Management Capabilities for Commercial Trucks in the United States CLERMONT-FERRAND, France & NORCROSS, Ga.--(BUSINESS WIRE)--Jun. 14, 2017-- Michelin today announced that it has agreed to acquire NexTraq, a U.S. provider of commercial fleet telematics, in an all-cash transaction. Based in the Atlanta area, NexTraq is a subsidiary of FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce... 
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06/13/17FLEETCOR Announces Fortune 1000 Debut
Achievement Follows Series of Recognitions for Leading Payments Firm, including the Forbes Global 2000 & Forbes Most Innovative Companies Lists NORCROSS, Ga.--(BUSINESS WIRE)--Jun. 13, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment solutions, today announced its debut on the Fortune 1000, the annual ranking by Fortune Magazine of the 1,000 largest U.S. companies, listed i... 
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05/31/17FLEETCOR Announces New Head of North America Local Fuel Card Business
NORCROSS, Ga.--(BUSINESS WIRE)--May 31, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT) today announced that Ashley Thekkekara has been named head of the Company’s newly created North America local fuel card business effective July 1, 2017. Mr. Thekkekara is assuming the responsibility of the local fuel card business from Todd House, who announced his intention to resign. This new position is being established to realign the North America fuel card busines... 
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05/19/17FLEETCOR to Present at the J.P. Morgan 45th Annual Technology, Media and Telecom Conference
NORCROSS, Ga.--(BUSINESS WIRE)--May 19, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT) today announced that the Company will present at the J.P. Morgan 45th Annual Technology, Media and Telecom Conference on Wednesday, May 24, 2017 at The Westin Copley Place in Boston, Mass. The presentation will begin at 10:40 AM ET. Investors and interested parties can access these presentations by visiting the Company’s investor relations website at http://inve... 
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05/01/17FLEETCOR Reports First Quarter 2017 Financial Results
Raises 2017 Guidance NORCROSS, Ga.--(BUSINESS WIRE)--May 1, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, today reported financial results for its first quarter ended March 31, 2017. "We reported good first quarter results, driven by strong fundamentals, and organic revenue growth of approximately 10% in the quarter, on a constant fuel price, currenc... 
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05/01/17FLEETCOR to Acquire “Cambridge Global Payments,” a Leading B2B International Payments Provider
Expands Corporate Payments Business into Adjacent Cross-Border Payments Market Acquisition Expected to be Immediately Accretive to Earnings Upon Closing NORCROSS, Ga.--(BUSINESS WIRE)--May 1, 2017-- FLEETCOR Technologies, Inc. (NYSE: FLT), a global provider of fuel cards and workforce payment products to businesses, announced today that it has signed a definitive agreement to acquire Cambridge Global Payments (“Cambridge”), a le... 
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05/01/17FLEETCOR Technologies Reschedules First Quarter 2017 Earnings Conference Call
NORCROSS, Ga.--(BUSINESS WIRE)--May 1, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), today announced that it has rescheduled the release of its first quarter 2017 results and conference call to today, May 1, 2017. The release of the Company’s first quarter 2017 release and conference call were previously scheduled for Wednesday, May 3, 2017. The first quarter 2017 conference call and webcast will now be today, May 1, 2017, at 5:00 p.m. ET... 
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04/26/17FLEETCOR Appoints Hala Moddelmog to its Board of Directors
NORCROSS, Ga.--(BUSINESS WIRE)--Apr. 26, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, announced today that Hala Moddelmog has been appointed to its Board of Directors. An accomplished operating executive and non-profit CEO, Moddelmog will serve on FleetCor’s nominating and compensation committee. Her appointment was effective April 20, 2017. “Ha... 
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04/20/17FLEETCOR Technologies to Announce First Quarter 2017 Results on May 3, 2017
NORCROSS, Ga.--(BUSINESS WIRE)--Apr. 20, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT), today announced that the Company will host a conference call to discuss first quarter financial results on Wednesday, May 3, 2017 at 5:00 pm ET. Hosting the call will be Ron Clarke, chairman and chief executive officer, and Eric Dey, chief financial officer. A press release with first quarter financial results will be issued after the market close that same day. ... 
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03/06/17First Data and FLEETCOR Join Forces In New Prepaid Gift Joint Venture
Partnership will provide clients with comprehensive set of gift-related offerings NEW YORK--(BUSINESS WIRE)--First Data (NYSE: FDC), a global leader in commerce-enabling technology, and FLEETCOR Technologies Inc. (NYSE: FLT), a leading global provider of fuel cards and workforce payment products to businesses, today announced the formation of a joint venture that will consolidate their various gift solutions to drive new value for their clients. The new join... 
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03/01/17FLEETCOR to Present at the Raymond James & Associates’ 38th Annual Institutional Investors Conference
NORCROSS, Ga.--(BUSINESS WIRE)--Mar. 1, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT) today announced that Eric Dey, chief financial officer, will present at the Raymond James & Associates’ 38th Annual Institutional Investors Conference on Monday, March 6, 2017 at the JW Marriott Grande Lakes in Orlando, Fla. The presentation will begin at 8:40 AM ET. Investors and interested parties can access these presentations by visiting the Compa... 
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02/13/17FLEETCOR to Present at the Goldman Sachs Technology and Internet Conference
NORCROSS, Ga.--(BUSINESS WIRE)--Feb. 13, 2017-- FLEETCOR Technologies, Inc. (NYSE:FLT) today announced that Eric Dey, chief financial officer, will present at the Goldman Sachs Technology and Internet Conference on Tuesday, February 14, 2017 at the Palace Hotel in San Francisco, CA. The presentation will begin at 1:20 PM PT. Investors and interested parties can access these presentations by visiting the Company’s investor relations website at htt... 
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02/08/17FLEETCOR Completes Minority Investment in Qui! Group, a Leading Italian Food Card Provider
NORCROSS, Ga.--(BUSINESS WIRE)--FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, announced today that it has completed a minority investment in Qui! Group, an Italian-based provider of food voucher and card solutions. "This minority investment in one of the leading food card companies in Italy supports our entry into an important European market and positions the Company well t... 
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02/08/17FLEETCOR Reports Fourth Quarter and Fiscal-Year 2016 Financial Results
NORCROSS, Ga.--( BUSINESS WIRE )--FLEETCOR Technologies, Inc. (NYSE:FLT), a leading global provider of fuel cards and workforce payment products to businesses, today reported financial results for its fourth quarter and year ended December 31, 2016.   “Q4 revenue and adjusted net income per share finished above the high end of our guidance range, and Q4 new sales bookings recovered quite nicely,” ... 
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01/25/17FleetCor Technologies to Announce Fourth Quarter 2016 Results on February 8, 2017
NORCROSS, Ga.--(BUSINESS WIRE)--Jan. 25, 2017-- FleetCor Technologies, Inc. (NYSE: FLT), today announced that the Company will host a conference call to discuss fourth quarter financial results on Wednesday, February 8, 2017 at 5:00 pm ET. Hosting the call will be Ron Clarke, chairman and chief executive officer, and Eric Dey, chief financial officer. A press release with fourth quarter financial results will be issued after the market close that same da... 
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