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Element Fleet Management

Element Financial Closes $4.8B in Funding

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.

Element Beefs Up Truck Fleet Sales Team

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.

Element Fleet Signs Telematics Deal with Telogis

Element Fleet Management has signed a strategic global agreement that brings Telogis' connected vehicle technologies and mobile apps to the fleet management company's commercial fleet customers.

Element Further Explains Growth Trajectory

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.

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.

Element Names Webb President of Fleet Management Unit

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.

Element Names Commercial Truck Center Manager

Element Fleet Management has appointed Art Cohen as manager of its Commercial Truck Center (CTC), located in Virginia Beach, Va.

Element to Acquire GE Capital's Fleet Business

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.

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

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.

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.

Element Financial Closes $4.8B in Funding

Element Beefs Up Truck Fleet Sales Team

Element Fleet Signs Telematics Deal with Telogis

Element Further Explains Growth Trajectory

Element Financial Closes Acquisition of GE's Fleet Unit

Element Names Webb President of Fleet Management Unit

Element Names Commercial Truck Center Manager

Element to Acquire GE Capital's Fleet Business

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

Element's PHH Arval Buy Doubles Fleet Portfolio

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