FleetCor Acquires Epyx, A Leading Provider to the Fleet Maintenance Marketplace
Epyx provides an internet based system and a vehicle repair network of approximately 9,000 service garages to fleet operators in the
“We’ve been looking for ideas to extend beyond fleet fueling, to fleet maintenance, and Epyx has done that. They’ve developed a highly specialized system that helps their fleet customers better manage their overall maintenance life cycle and costs. We like the potential to bring this solution to a lot more clients,” said
This press release contains forward-looking statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements about FleetCor's beliefs, expectations and future performance, are forward-looking statements. Forward-looking statements can be identified by the use of words such as "anticipate," "intend," "believe," "estimate," "plan," "seek," "project" or "expect," "may," "will," "would," "could" or "should," the negative of these terms or other comparable terminology. Examples of forward-looking statements in this press release include statements relating to FleetCor’s expectations regarding the acquisition described above. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those contained in any forward-looking statement, such as delays or failures associated with the acquisition and the failure to successfully integrate or otherwise achieve anticipated benefits from such acquired business; failure to successfully expand business internationally; the impact of foreign exchange rates on operations, revenue and income; the effects of general economic conditions on commercial activity, as well as the other risks and uncertainties identified under the caption "Risk Factors" in FleetCor's Annual Report on Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission (the "