FleetCor Technologies' CEO Discusses Acquisition Of CTF Technologies Conference Call Transcript

FleetCor Technologies, Inc. (FLT)

Acquisition of CTF Technologies Conference Call

May 2, 2012 11:00 ET


Eric Dey – Chief Financial Officer

Ron Clarke – Chairman and Chief Executive Officer


Phil Stiller – Citi

Tien-Tsin Huang – JPMorgan

Glenn Fodor – Morgan Stanley

Tim Willi – Wells Fargo

Roman Leal – Goldman Sachs

Robert Napoli – William Blair



Good morning ladies and gentlemen and 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 opened for questions. (Operator Instructions)

I would now like to turn the conference over to Eric Dey, Chief Financial Officer. Please go ahead, sir.

Eric Dey – Chief Financial Officer

Good afternoon, everyone and thank you for joining us today. By now, everyone should have access to our press release announcing that we have signed a definitive agreement to acquire CTF Technologies, a leading fuel payment provider in Brazil. 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 CTF Technologies, future financial and operating results, benefits of the transaction, and other statements about management's future expectations believe, plan, or prospects. They are not guarantees of future performance, and therefore, you should not put any undue reliance on them. These statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from what we expect. Some of those risks are mentioned in our press release and our 8-K filed with the Securities and Exchange Commission.

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