Fleet Management

Element Financial

1  -  9  of  9

February 23, 2016 - Industry News

Element Hires IT Consultancy Firm

Toronto-based Element Financial Corp. has hired Tata Consultancy Services (TCS), a Santa Clara, Calif., global information technology firm.

Tags: Information Technology, Fleet Management Companies, Consultants, Element Financial

December 23, 2015 - Industry News

Element Financial Closes $4.8B in Funding

File logo

Toronto-based Element Financial Corp. has closed $4.8 billion in rated asset-backed security funding that will fuel the company's aggressive move into the U.S. fleet management business.

Tags: Mergers & Acquisitions, Equity Markets, Element Financial

December 10, 2015 - Industry News

Element Beefs Up Truck Fleet Sales Team

Johnson

Element Financial Corp. has appointed nine executives to its fleet sales team with the bulk of the appointments specializing in fleet management sales for commercial trucks. The appointments bring together personnel from the recent acquisition of GE Capital's fleet business, Element announced.

Tags: New Hire, Fleet Management Companies, Element Fleet Management, Fleet Executives, Element Financial

October 14, 2015 - Industry News

Element Further Explains Growth Trajectory

File logo

Element Financial Corp. has provided additional details about strategy for growing its fleet management business with acquisitions, technology investment, and an agreement for additional rail capacity.

Tags: Fleet Services, Information Technology, Mergers & Acquisitions, Element Financial, Element Fleet Management, Fleet Management Companies

August 31, 2015 - Industry News

Element Financial Closes Acquisition of GE's Fleet Unit

Element Financial Corp. has closed its acquisition of GE Capital's U.S. fleet business and will now turn its attention toward integrating the two entities, the Toronto-based company announced Aug. 31.

Tags: GE Capital Fleet Services, Mergers & Acquisitions, Element Financial, Element Fleet Management

August 24, 2015 - Industry News

Element Names Webb President of Fleet Management Unit

Webb (left) and Halliday

Element Financial Corp. has tapped the leader of the recently acquired GE Capital fleet unit as president and chief executive for its U.S. fleet management company and will shift the existing president to its Toronto-based operation.

Tags: Fleet Management Companies, C-Suite, Element Financial, Element Fleet Management

June 29, 2015 - Industry News

Element to Acquire GE Capital's Fleet Business

File photo of GE Capital Fleet's Vehicle Innovation Center in Eden Prairie, Minn.

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

Tags: GE Capital Fleet Services, GE Capital, Element Financial, Mergers & Acquisitions, Equity Markets, Fleet Management Companies

August 18, 2014 - Industry News

PHH Arval to Transition Go-to-Market Name to Element Fleet Management

HALLIDAY

The go-to-market name for PHH Arval will transition to Element Fleet Management between now and the end of 2014. Element Financial Corporation, a Canadian-based equipment finance company, acquired PHH Corporation’s North American fleet management unit for $1.4 billion in cash on July 7.

Tags: Element Financial, PHH Arval, Canada

July 8, 2014 - Industry News

Element's PHH Arval Buy Doubles Fleet Portfolio

Element Financial Corp. has finalized its acquisition of PHH Arval for $1.4 billion, a transaction that doubles the size of its managed fleet assets, the Canadian firm has announced.

Tags: Canada, Element Financial, PHH Arval, Mergers & Acquisitions

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