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  News and Press Releases
FleetCor Acquires UK and Ireland Fuel Card Businesses
Fleetcor closes new $100 million Series E equity financing
Fleetcor acquires the leader in lodging management programs
BP Extends FleetCor’s Fuel Card Contract in North America
FleetCor Establishes Strategic Partnership with Petrol Plus Region
CITGO Awards FleetCor New Processing and Management Contract
 
     
 

Chevron Awards FleetCor a Long-Term Card Processing Contract

Atlanta, Georgia - August 30, 2007 – FleetCor, The Global Fleet Card Company, announced today that it has been selected by Chevron U.S.A. Inc. to own and operate its branded commercial private label fuel credit cards. With this selection, FleetCor has won the last three major private label contracts that were competitively awarded.

“Winning Chevron’s business highlights the strength of our card capabilities”, said Ron Clarke, FleetCor’s chairman & chief executive officer. “We couldn’t be more delighted with our selection, and the opportunity to perform for Chevron’s credit card customers.”

“FleetCor’s capabilities, management team, and commitment to customer service were key factors in our selection process,” says Danny Roden, vice president of Chevron North American Marketing.

“We are very pleased Chevron has chosen us to manage their proprietary fleet card business in the U.S.,” adds Bill Schmit, president of FleetCor’s Private Label Division. “With the addition of Chevron, FleetCor becomes the #1 processor of proprietary fleet card programs for major U.S. oil and gas companies.”

About FleetCor

FleetCor, (www.FleetCor.com), The Global Fleet Card Company, is the worldwide leader in fuel card processing. We serve over 650,000 business fleets, and approximately 3.5 million active cardholders in the U.S.A., Canada, and Europe. FleetCor’s card programs are marketed under a variety of brand names including: CCS, CFN, Keyfuels, Fuelman, The Fuel Card Company, and Mannatec. FleetCor and its subsidiaries employ over 700 associates located in 20 offices globally. FleetCor is privately owned by management, and a group of institutional private equity investors including Bain Capital, Summit Partners, and Advent International.

For further information:

Emily Ward, DDB Public Relations
+1-416-963-4295,
emily.ward@can.ddbpr.com

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