FleetCor Raises $100 Million
FleetCor, a Norcross, Ga.-based provider of branded fuel cards, has raised $100 million in Series E funding. The round was raised in conjunction with FleetCor's recent acquisition of CLC Group Inc., a Wichita, Kansas-based provider of lodging management programs to businesses. Summit Partners led the round, and was joined by fellow return backers Advantage Capital and Advent International. New participants included Nautic Partners (prior owner of CLC), HarbourVest Partners and Performance Equity Management.
8 April 2009•2 mins read
