Donlen Corporation

Donlen Corporation
Industry Fleet Leasing and Fleet Management
Founded 1965
Founder Donald Rappeport
and Leonard Vine
Headquarters Northbrook, Illinois, United States
Services Lease Financing, Vehicle Acquisition, Vehicle License & Titling, Vehicle Remarketing, Truck Upfitting, Driver Compliance
Owner The Hertz Corporation[1]
Number of employees
 300
Website http://www.donlen.com/

Donlen Corporation is an American fleet leasing and management company headquartered in Northbrook, Illinois, a suburb of Chicago. With offices throughout the U.S. and Canada, the company provides consultation, maintenance, and outsourcing for corporate vehicle fleets. Donlen currently has over 165,000 vehicles under lease and management with over 300 employees.

History

Donlen Corporation was founded in 1965 by Donald Rappeport and Leonard Vine. In September 2011 the company was acquired by Hertz Global Holdings, Inc for $250 million in cash and the assumption of $770 million in Donlen fleet debt. It now forms a subsidiary of the Hertz Corporation.[2]

Business overview

Donlen Corporation is a fleet management provider focusing on the management and consultation of a company’s commercial vehicle fleet, including cars, vans, and trucks. Donlen performs fleet management functions such as vehicle financing, vehicle acquisition, vehicle registration services, and vehicle remarketing.

Partnerships

Donlen partnered with the EDF in a strategic alliance to enable commercial and municipal vehicle fleets to monitor and reduce their carbon emissions.[3] In addition, Donlen partnered with the EPA’s SmartWay Program to display Smartway Vehicle Certifications on qualifying vehicles to help drivers and fleet managers choose the best performers.[4]

References

  1. ↑ "Company Information". Donlen Corporation. Retrieved 3 January 2013.
  2. ↑ "Hertz Completes Acquisition of Donlen Corporation". PR Newswire. 1 September 2011. Retrieved 3 January 2013.
  3. ↑ "Donlen Partners with the Sierra Club".
  4. ↑ "EPA Smartway Where We Work - Region 5".

External links

This article is issued from Wikipedia - version of the 10/5/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.