WEX and Holman Expand Partnership Across U.S. and Canada
November 12 2024 - 9:00AM
Business Wire
For over 30 years, WEX has provided fleet
mobility payments and technology solutions to Holman
WEX (NYSE: WEX), the global commerce platform that simplifies
the business of running a business, today announced an expanded
agreement with Holman, one of the largest integrated automotive
service companies in North America, that extends the companies’
longstanding partnership through 2030.
The agreement renews a more than 30-year partnership between WEX
and Holman in the U.S., which leverages WEX fleet mobility
solutions as part of Holman’s offerings to its customers. The
agreement also expands the companies’ existing commercial fleet
payments partnership across Canada. Additionally, Holman leverages
WEX payments solutions for its internal accounts payable and
employee health benefits functions.
“We are proud to announce that Holman will continue to leverage
WEX’s fleet mobility payments and technology solutions to serve
their customers,” said Carlos Carriedo, Chief Operating Officer,
Americas Payments & Mobility at WEX. “This longstanding and
growing partnership is emblematic of WEX’s commitment to serving
best-in-class fleet management companies, such as Holman, and to
WEX’s industry-leading offerings in commercial fleet management and
other financial technology solutions.”
“In today’s fast-paced business environment, fleet operators
need a convenient and reliable payment solution that also delivers
visibility into their fuel spend to better control costs,” said
Holman’s President of Fleet Management Operations Bob White.
“Holman is proud of our long-standing partnership with WEX and
looks forward to continuing to offer our customers an innovative
fuel program that simplifies fuel transactions for all fleet
stakeholders.”
WEX is a leader in B2B financial technology, with approximately
$225 billion in total purchase volume processed in 2023 alone. In
the mobility space, more than 600,000 commercial fleet customers
across the world rely on WEX technology, representing approximately
19.7 million commercial vehicles serviced globally as of Q3
2024.
About WEX
WEX (NYSE: WEX) is the global commerce platform that simplifies
the business of running a business. WEX has created a powerful
ecosystem that offers seamlessly embedded, personalized solutions
for its customers around the world. Through its rich data and
specialized expertise in simplifying benefits, reimagining
mobility, and paying and getting paid, WEX aims to make it easy for
companies to overcome complexity and reach their full potential.
For more information, please visit www.wexinc.com.
Forward-Looking Statements
This press release contains forward-looking statements
including, but not limited to, statements about expectations for
our partnership with Holman. Any statements in this press release
that are not statements of historical facts are forward-looking
statements. When used in this press release, the words
“anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”
“intend,” “may,” “plan,” “project,” “will,” “positions,”
“confidence,” and similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain such words. Forward-looking statements relate to
our future expectations, and are not historical facts and
accordingly involve known and unknown risks and uncertainties and
other factors that may cause the actual results to be materially
different from future results expressed or implied by these
forward-looking statements, including a change that could
negatively impact the partnership with Holman in the future; as
well as other risks and uncertainties identified in Item 1A of our
Annual Report on Form 10-K for the year ended December 31, 2023,
filed with the Securities and Exchange Commission on February 23,
2024 and subsequent filings with the Securities and Exchange
Commission. The forward-looking statements speak only as of the
date of this press release and undue reliance should not be placed
on these statements. The Company disclaims any obligation to update
any forward-looking statements as a result of new information,
future events, or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20241112347011/en/
Media: WEX Megan Zaroda, 610-379-6211 megan.zaroda@wexinc.com
Investors: WEX Steve Elder, 207-523-7769 Steve.Elder@wexinc.com
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