Donlen LLC is an American fleet leasing and management company headquartered in
Bannockburn, Illinois
Bannockburn is a village in West Deerfield and Vernon townships in Lake County, Illinois, United States. Per the 2020 census, the population was 1,013. The village is generally considered part of the Chicago area's North Shore region. The Fri ...
, a suburb of
Chicago
(''City in a Garden''); I Will
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. 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 and operated as a subsidiary of the
Hertz Corporation
The Hertz Corporation is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental.
It is one of the three big ren ...
. On March 30, 2021, Hertz completed a sale of the business to Athene Holding.
Business overview
Donlen is a
fleet management
Fleet management is the management of:
* Commercial motor vehicles such as cars, vans, trucks, specialist vehicles (such as mobile construction machinery), forklifts, and trailers
* Private vehicles used for work purposes (the 'grey fleet')
* Avi ...
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.
Partnerships
Donlen partnered with the EDF in a strategic alliance to enable commercial and municipal vehicle fleets to monitor and reduce their
carbon emissions
Greenhouse gas emissions from human activities strengthen the greenhouse effect, contributing to climate change. Most is carbon dioxide from burning fossil fuels: coal, oil, and natural gas. The largest emitters include coal in China and larg ...
. 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.
References
External links
*
Climbing the mountain: How Gary Rappeport put Donlen Corp. on the ascent by creating a plan to retain top talentDonlenGreenKey.comDonlen Announces Release Of Award-Winning FleetWeb 3.0
{{The Hertz Corporation
Transport operations
Companies based in Lake County, Illinois
Leasing companies
2011 mergers and acquisitions
American companies established in 1965
Transport companies established in 1965
Fleet management
Companies that filed for Chapter 11 bankruptcy in 2020