Client Work

Element Announces Strategic Acquisition of Autofleet

August 15, 2024
Authors
Curtis A. CusinatoVice Chair and Partner
Andrew BozzatoPartner
Olivier CaronAssociate
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).

Read the transaction press release

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This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.

Authors

Curtis A. Cusinato, Vice Chair and Partner  •   Co-Head of Mergers & Acquisitions Practice
Toronto  •   416.777.5774  •   cusinatoc@bennettjones.com
Andrew Bozzato, Partner
Toronto  •   416.777.4878  •   bozzatoa@bennettjones.com
Olivier Caron, Associate
Toronto  •   416.777.7920  •   carono@bennettjones.com
Doug Scully, Associate
Toronto  •   416.777.7857  •   scullyd@bennettjones.com