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Established in 2000 with the acquisition of American fuel card business Fuelman, Fleetcor now has 2650 employees across 43 countries and processed 311 million transactions in the 12 months to June 2013. It has more than half a million commercial accounts in North America, Europe, Africa and Asia, and acquired the UK's dominant fuel card provider Allstar from leasing firm Arval in a £194m deal at the end of 2011.
Allstar covers 95% of the UK's filling stations, which is around 8000 sites, making it by far the most wide-reaching card.
In the UK, Allstar has two sister cards also owned by Fleetcor - Keyfuels and The Fuelcard Company - both of which have a future independent of Allstar, according to Fleetcor UK boss Callum Gibson.
"Some businesses don't want an Allstar card, they feel more affiliated to Keyfuels or The Fuelcard Company," he tells BusinessCar. "Our goal will be to provide customers with choice and value propositions they can relate to and will be developing across all of our businesses."
Fleetcor has been very acquisitional since it was established, picking up more than a dozen fuel card business worldwide as well as telematics and workforce lodging operations, on top of launching new products and winning processing contracts for the likes of BP in America. It bought Keyfuels in 2006, The Fuelcard Company in 2007 and Retail Decisions in 2009, which was rolled into The Fuelcard Company, before adding Allstar in 2011. Most recently from a UK perspective, the firm bought multiple BusinessCar Award- and BusinessCar Techie Award-winning fleet maintenance expert Epyx. The Solihull-based operation's purchase marks another attempt by Fleetcor to branch out beyond its fuel card roots. On the same day it announced the Eypx acquisition, Fleetcor also confirmed it had bought US telematics company Nextraq, which has more than 100,000 subscribers across 6000 customers in the US.
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