Enterprise Mobility Announces Acquisition Expanding Mobility Portfolio
Family-founded industry leaders combine to offer robust range of services, enhanced network and fleet to meet customer mobility needs
"Recognizing the complementary networks, talented workforces and respective industry expertise, this marks an exciting next chapter for two leading providers of transportation solutions," said
Commercial Portfolio Expands Reach and Offerings
Hogan has a proven track record of success over its more than 100 years in business. Today, the company has approximately 3,000 team members and operates 10,000+ pieces of equipment at more than 50 locations in
Enterprise Mobility has a diverse fleet of Class 1-6 vehicles and a broad portfolio of mobility offerings, including a leading offering in fleet management and light and medium-duty truck rental. Adding the Hogan business provides an expanded portfolio of services and fleet, including Class 7 and Class 8 heavy-duty trucks and specialized equipment such as refrigerated trucks and trailers, flatbeds, automotive haulers, livestock trailers and more, to serve current and potential new commercial customers.
"Thanks to our great team and customers, Hogan has become a leader in the transportation industry, backed by 100+ years of experience," said
"We look forward to the opportunities for long-term growth and diversification this combination brings," added Taylor. "With an expanded portfolio that now offers every vehicle class in
Shared Values and Purpose to Support Customers and Team Members
With a primary focus on business continuity for team members and customers, Enterprise Mobility announced it will operate Hogan separately for the foreseeable future. Key priorities will remain providing outstanding service and value to customers, ongoing opportunities for team members and long-term, sustainable growth.
"We are thankful for the Hogan family and senior leadership team and recognize their dedication creating the outstanding business Hogan is today," noted Taylor. "We look forward to their continued leadership in the business, and we welcome Hogan's employees to the Enterprise Mobility team. We value the unique experiences, knowledge and skills that each individual brings to the business."
"Since our founding in 1918, we've continued to honor our vision of being the most respected transportation provider in the industry, known for delivering exceptional quality and value for our customers, employees and strategic partners," said
Prior to closing, the acquisition achieved satisfaction of customary closing conditions. This included normal third-party consents and regulatory clearance. Financial terms were not disclosed.
About Enterprise Mobility
Enterprise Mobility is a leading provider of mobility solutions including car rental, fleet management, flexible vehicle hire, carsharing, vanpooling, truck rental, luxury rental, retail car sales and vehicle subscription, as well as other transportation technology services and solutions, to make travel easier and more convenient for customers. Enterprise Mobility, inclusive of its subsidiaries and franchisees, and affiliate, Enterprise Fleet Management, manage a diverse fleet of more than 2.4 million vehicles through an integrated network of over 9,500 fully staffed neighborhood and airport rental locations in more than 90 countries and territories. Privately held by the Taylor family of
About Hogan
Hogan is a transportation leader with a proven track record of success. With more than 50 locations across
View original content to download multimedia:https://www.prnewswire.com/news-releases/enterprise-mobility-announces-acquisition-expanding-mobility-portfolio-302635597.html
SOURCE Enterprise Mobility
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- AuraGxP Expands Executive Leadership and Secures Initial Funding
- FouAnalytics Announces Global Availability of Premium Feature -- Content-Level Brand Safety Analytics With Full Page-URL Reporting
- Soka University of America Acquires Monterey Institute Campus, Continuing Select Graduate Programs
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share