February 23, 2016 - Industry News
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
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 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 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 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 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
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
July 8, 2014 - Industry News
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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