ACQUISITION

12 Months Ended

Dec. 31, 2011

ACQUISITION

ACQUISITION

NOTE 4—ACQUISITION

On September 1, 2011, we acquired two compressed natural gas fueling businesses through our newly formed, indirect wholly owned subsidiary, ITF. The total consideration paid for the acquisition of Trillium USA (Trillium) and Pinnacle CNG Systems (Pinnacle) was $49.6 million. This amount is subject to post-closing working capital adjustments. The total cash payment for this transaction was $42.6 million, which was net of cash acquired of approximately $7 million.

Trillium and Pinnacle design, build, maintain, own and/or operate compressed natural gas fueling stations in multiple states. In addition, Pinnacle manufactures and sells a patented method to pressurize compressed natural gas.

See Note 10, “Goodwill and Other Intangible Assets,” for more information related to this acquisition.