FLEETCOR® Expands Lodging Business Into Insurance Vertical
Acquisition Expected to be Immediately Accretive to Earnings Upon Closing
Founded in 2001, ALE manages the lodging needs of policyholders displaced from their homes due to damage or catastrophe on behalf of property insurance carriers. The acquisition further extends FLEETCOR’s specialized lodging solutions into the insurance vertical beyond its current workforce and airline verticals.
“ALE’s insurance solutions allow us to grow our lodging business into a new, adjacent vertical,” said
“We are thrilled to join the
Eversheds Sutherland provided legal counsel to