Announced
Completed
Financials
Sources
Tags
Private
Acquisition
Majority
Friendly
Completed
Merger
Single Bidder
Domestic
Third Party Logistics (3PL)
fleet leasing
fleet management
United States
Synopsis
Wheels, an automotive fleet leasing and management company, completed the merger with Donlen, a full service fleet management company, in a $5bn deal. “Since inception, Wheels has prided itself on providing solutions to meet the evolving needs of our clients. I am incredibly proud of what our team has achieved, and I am equally impressed by the reputation Donlen has built as a fleet manager. Today’s announcement is just the beginning of an exciting journey ahead for these companies." Dan Frank, Wheels CEO.
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