ARI ACQUIRES UK-BASED FLEET SUPPORT GROUP LTD

Purchase Marks Latest Global Expansion of ARI

MT. LAUREL, NJ (December 16, 2011) – ARI® announced its purchase of UK-based Fleet Support Group (FSG).  FSG, headquartered in Chippenham, England, is Britain’s largest independent fleet management company and will join the ARI family of companies.  This move significantly expands ARI’s fleet management offerings in the UK and establishes the foundation for further global expansion.

FSG was founded in 1987 and provides fleet management services to over 55,000 cars and trucks throughout Great Britain and Northern Ireland.  Like ARI, FSG is a family-owned business with tenured employees focused on building long-term partnerships with clients and suppliers.  FSG Chairman and founder Geoffrey Bray hailed the acquisition as the start of an “exciting new era for our company, staff and customers.”  2012 will mark the 25th anniversary of the launch of the Chippenham-based business, and there will be no change in FSG’s management structure or staff positions as a result of the acquisition.

ARI President Carl Ortell said, “This acquisition is another vital step as we continue to expand the scope of our services and our geographical reach. Everyone at ARI is extremely excited about joining forces with FSG and about the opportunities that lie ahead of us in the European market.  Our clients rely upon our unique ability to deliver customized solutions to achieve exceptional results. A growing number need more sophisticated global fleet support.  This acquisition gives us more flexibility, capabilities and proven fleet expertise to serve them.”  

Mr. Bray added, “Existing FSG and ARI customers will benefit from the expertise, skills and range of services that we each provide.  Both organizations already offer turnkey solutions for public and private sector fleets.  Added value for our customers will be achieved through the synergies of our affiliation with ARI.”