Type | Public |
---|---|
Industry | Fleet leasing Fleet management |
Founded | 1965 |
Founder | Donald Rappeport Leonard Vine |
Headquarters | , U.S. |
Services | Lease Financing, Vehicle Acquisition, Vehicle License & Titling, Vehicle Remarketing, Truck Upfitting, Driver Compliance |
Number of employees | 300 |
Parent | Athene Holding [1] |
Website | www |
Donlen LLC is an American fleet leasing and management company headquartered in Bannockburn, 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.
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 and operated as a subsidiary of the Hertz Corporation. [2] On March 30, 2021, Hertz completed a sale of the business to Athene Holding. [3]
Donlen 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 re-marketing.
Donlen partnered with the EDF in a strategic alliance to enable commercial and municipal vehicle fleets to monitor and reduce their carbon emissions. [4] 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. [5]
Volkswagen AG, known internationally as the Volkswagen Group, is a German multinational automotive manufacturer headquartered in Wolfsburg, Lower Saxony, Germany. The company designs, manufactures, and distributes passenger and commercial vehicles, motorcycles, engines and turbomachinery, as well as offering related services, including financing, leasing, and fleet management. In 2016, it was the world's largest automaker by sales, and keeping this title in 2017, 2018, and 2019, selling 10.9 million vehicles. It has maintained the largest market share in Europe for over two decades. It ranked seventh in the 2020 Fortune Global 500 list of the world's largest companies.
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Kathryn V. Marinello is an American businesswoman, and president and chief executive officer (CEO) of PODS, a moving and storage company.
OneMain Holdings, Inc. is an American financial services holding company headquartered in Evansville, Indiana, with central offices throughout the United States. The company wholly owns OneMain Finance Corporation and its subsidiaries, through which it operates in the consumer finance and insurance industries as OneMain Financial. Its business primarily focuses on providing personal loans and optional insurance products to customers with limited access to traditional lenders, such as banks and credit card companies.
LeasePlan is an international company of Dutch origins, specialised in automobile leasing and fleet management.
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AerCap Holdings N.V. is an Irish aviation leasing company headquartered in Dublin, Ireland, with offices around the world. AerCap is listed on the NYSE with the ticker 'AER'. It became the largest aviation leasing company in the world following the acquisition of International Lease Finance Corporation (ILFC) in 2014, and GECAS from General Electric in 2021, an over $30 billion acquisition. Its assets include wide-body aircraft, regional jets, cargo aircraft, aircraft engines, and helicopters. General Electric owned 45.4% of the company, decreasing to 33.46% after selling shares in March 2023.
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