Fleetcor Technologies, Inc. (FLT)
Mergers & Acquisitions Call
December 13, 2011 11:00 am ET
Eric Dey - Chief Financial Officer
Ron Clarke - Chairman and Chief Executive Officer
Glenn Fodor - Morgan Stanley
Roman Leal - Goldman Sachs
Reggie Smith – JPMorgan
Tim Willi – Wells Fargo
Wayne Johnson - Raymond James
Darrin Peller -Barclays Capital
Good day, ladies and gentlemen, thank you for standing by. Welcome to the Fleetcor Technologies conference call. During today’s presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions. [Operator Instructions] This conference is being recorded today, Tuesday, December 13, 2011.
At this time, I would like to turn the conference over to Mr. Eric Dey, Chief Financial Officer. Please go ahead, sir.
Good morning, everyone and thank you for joining us today. By now, everyone should have access to our press release announcing our acquisition of AllStar Business Solutions Limited from The Arval Group for £194 million or approximately $304 million. It can also be found at www.fleetcor.com under the Investor Relations section.
Before we begin our formal remarks, I need to remind everyone that part of our discussion today will include forward looking statements regarding the transaction between Fleetcor and Arval, future financial and operating results, benefits of the transaction and other statements about management’s future expectation belief, plans or prospects. They are not guarantees of future performance and therefore you should not put any undue reliance on them.