| Donlen | |
| Type: | Public |
| Founder: | Donald Rappeport Leonard Vine |
| Location City: | Bannockburn, Illinois |
| Location Country: | U.S. |
| Industry: | Fleet leasing Fleet management |
| Services: | Lease Financing, Vehicle Acquisition, Vehicle License & Titling, Vehicle Remarketing, Truck Upfitting, Driver Compliance |
| Num Employees: | 300 |
| Parent: | Athene Holding[1] |
Donlen LLC is an American fleet leasing and management company headquartered in Bannockburn, Illinois, a suburb of Chicago. 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.
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.[2] On March 30, 2021, Hertz completed a sale of the business to Athene Holding.[3]
Donlen is a fleet management 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.
Donlen partnered with the EDF in a strategic alliance to enable commercial and municipal vehicle fleets to monitor and reduce their carbon emissions.[4] 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.[5]