Corpay, Inc. · NYSE:CPAY
Corpay — FleetCor Technologies — IPO Roadshow (September 2013)
7 slides from Corpay's IPO roadshow presentation, Sep 10, 2013
Slide 1: Brazil Update: FleetCor Acquires VB Servicos, Signs Agreement to Acquire DB Trans
Free Writing Prospectus Dated September 10, 2013 Filed Pursuant to Rule 433 Registration Statement No. 333-180069 Brazil Update FleetCor Acquires VB Servicos Signs Definitive Agreement to Acquire DB Trans Signs Fuel Card Marketing Agreement with Good Card September 10, 2013
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation and comments made during the associated conference call contain statements that express our opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results, in contrast with statements that reflect h
Slide 3: Agenda
Agenda Overview of the Transactions Rationale for the Transactions Financial and Strategic Impact 3
Slide 4: Transaction Overviews
Transaction Overviews VB Servicos • Acquired August 9, 2013 • A market leader in public transportation cards and marketer of Edenred food cards • Approximately 35,000 business clients, 1 million employees, 800 transportation agencies • Significant field sales and telesales distribution channel Acqui
Slide 5: The Rationale: Brazil Continues to Offer a Significant Opportunity
The Rationale Brazil Continues to Offer a Significant Opportunity • Macro Large market, #5 in world “Formalizing” employees as required by Brazil legislation • Positive legislation Recently implemented Carta Frete law requires a prepaid fuel / payroll card for independent drivers Expected adoption a
Slide 6: The Rationale (continued)
The Rationale (continued) Transactions fill out product line and distribution capability. Enables FleetCor to target both transportation companies and local employers. Transportation Companies Local Employers Products Fuel purchasing system Local fuel card OTR fuel card Food card Toll Transportation
Slide 7: Financial and Strategic Impact
Financial and Strategic Impact Accretive transactions that are expected to create a long runway for growth Accretive transactions Financial Expect to Invest over $300 million in the two acquisitions Impact • Funded by cash on hand and revolver • Estimate approximately $550 million of unused capacity
FleetCor Technologies — IPO Roadshow (September 2013) on 6ix