Toronto-based Element Fleet Management Corp.—the largest publicly traded, pure-play automotive fleet manager in the world—announced it has entered into a definitive agreement to acquire Tel Aviv-based Autofleet, an innovator in fleet and mobility solutions. Autofleet has a robust and highly scalable fleet optimization technology platform alongside optimized mobility solutions tailored for the fleet industry.
Bennett Jones is acting for Element on the acquisition.
The Bennett Jones team is led by Curtis Cusinato and Andrew Bozzato, and includes Olivier Caron and Doug Scully (Mergers & Acquisitions).
Read the transaction press release