 Bennett JonesClient Work Element Announces Strategic Acquisition of AutofleetAugust 15, 2024 Authors Curtis A. CusinatoCo-Head of Mergers & Acquisitions Services Andrew BozzatoPartner Doug ScullyAssociate 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). Republication Requests To obtain permission to republish this publication or any other publication, contact Erica Wirthlin at wirthline@bennettjones.com. For Informational Purposes Only This publication provides an overview of trends and legal updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsCurtis A. Cusinato, Co-Head of Mergers & Acquisitions Services Toronto • 416.777.5774 • cusinatoc@bennettjones.com Andrew Bozzato, Partner Toronto • 416.777.4878 • bozzatoa@bennettjones.com Doug Scully, Associate Toronto • 416.777.7857 • scullyd@bennettjones.com |