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Company profile: Element Fleet

1.1 - Company Overview

Element Fleet Logo

Element Fleet

Headquarter: Canada
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of fleet management services and financing for commercial vehicle and equipment fleets, including vehicle acquisition, maintenance strategies, cost optimization, fleet remarketing, sale-leaseback programs, strategic advisory services, and Xcelerate, a client portal delivering data-driven insights to optimize operations, reduce costs, and meet sustainability goals.

Products and services

  • Sale Leaseback Program: Element architects a capital-efficient program enabling businesses to sell fleet vehicles and lease them back, delivering cash infusion and reducing capital expenditure for commercial vehicle and equipment fleets
  • Fleet Management Services: Element delivers enterprise-grade fleet management systems encompassing vehicle acquisition, maintenance strategies, and cost optimization to manage commercial vehicle fleets efficiently across diverse operations
  • Strategic Advisory Services: Element supplies data-driven advisory services providing insights and recommendations to optimize fleet operations, reduce costs, and meet sustainability goals for commercial vehicle and equipment fleets

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Element Fleet

Earth Class Mail Logo

Earth Class Mail

HQ: United States Website
  • Description: Provider of virtual mailbox and virtual address services that make postal mail paperless. Offers business addresses, secure digitization and scanning of mail with junk mail filtering, fully searchable cloud access, automatic check deposit, and cloud integrations. Serves individuals through enterprise-level businesses.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Earth Class Mail company profile →
Rickshaw Logo

Rickshaw

HQ: United States Website
  • Description: Provider of a local delivery platform that partners with courier companies to enable businesses to deliver goods such as laundry, gifts, office snacks, and meal subscriptions. Uses algorithms and mobile apps to dispatch, route, and track customer locations, with service available Monday to Friday from 7:00 a.m. to 10:00 p.m.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Rickshaw company profile →
Baton Logo

Baton

HQ: United States Website
  • Description: Provider of technology innovation for Ryder, focused on eliminating waste in supply chains. Based in Silicon Valley, Baton operates as the innovation lab of the Fortune 500 logistics company that owns 260k trucks and manages $7.4B of freight. Formerly a venture-backed startup, acquired by Ryder in September 2022.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Baton company profile →
uShip Logo

uShip

HQ: United States Website
  • Description: Provider of an online transport marketplace and transparent platform for shipping large or bulky items—from cars to cranes and furniture to freight—serving the freight, household goods, and vehicle shipping markets, and helping people, businesses, e-commerce sellers, and multinational logistics companies ship with greater speed and efficiency.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full uShip company profile →
QLogitek Logo

QLogitek

HQ: Canada Website
  • Description: Provider of cloud-based B2B-EDI supply chain and logistics products for retail and CPG, plus integration services using ESB middleware for cloud, hybrid, and on-premise systems; application development and maintenance; IT security (vulnerability assessments, penetration testing, secure code reviews); infrastructure and hosting compliant with PCI and PHIPA; service desk support; and ITIL-aligned enterprise service management.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full QLogitek company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Element Fleet

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Element Fleet

2.2 - Growth funds investing in similar companies to Element Fleet

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4 - Top valuation comps for Element Fleet

4.2 - Public trading comparable groups for Element Fleet

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4.3 - M&A Transactions similar to Element Fleet

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Element Fleet

What does Element Fleet do?

Element Fleet is a provider of fleet management services and financing for commercial vehicle and equipment fleets, including vehicle acquisition, maintenance strategies, cost optimization, fleet remarketing, sale-leaseback programs, strategic advisory services, and Xcelerate, a client portal delivering data-driven insights to optimize operations, reduce costs, and meet sustainability goals.

Who are Element Fleet's competitors?

Element Fleet's competitors and similar companies include Earth Class Mail, Rickshaw, Baton, uShip, and QLogitek.

Where is Element Fleet headquartered?

Element Fleet is headquartered in Canada.

How many employees does Element Fleet have?

Element Fleet has 1,000 employees 🔒.

When was Element Fleet founded?

Element Fleet was founded in 2010 🔒.

What sector and industry vertical is Element Fleet in?

Element Fleet is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Element Fleet

Who are the top strategic acquirers in Element Fleet's sector and industry

Top strategic M&A buyers and acquirers in Element Fleet's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Element Fleet?

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Financial Investors investing in Element Fleet's sector and industry vertical

Which are the top PE firms investing in Element Fleet's sector and industry vertical?

Top PE firms investing in Element Fleet's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Element Fleet's sector and industry vertical?

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Who are the top growth equity funds investing in companies in Element Fleet's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Element Fleet include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Element Fleet's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Element Fleet?

The key public trading comparables and valuation benchmarks for Element Fleet include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Element Fleet for public valuation benchmarks?

Our platform tracks detailed public trading comparable groups and valuation benchmarks for Element Fleet with complete valuation multiples, growth metrics, and profitability data. Access the full database to benchmark your company against relevant public comparables.

What are recent M&A transactions in Element Fleet's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Element Fleet with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Element Fleet's' sector and industry vertical?

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