Leasdrive VELO

Date of acquisition May 2003
Acquisition EV � Undisclosed
Sector Outsourced Vehicle Fleet Management

With a turnover of some �60 million, and a fleet of around 17,500 cars and light commercial vehicles. Leasedrive VELO is one of the UK's leading independent service-led providers of outsourced vehicle fleet management solutions.

Leasedrive VELO offers customers a wide product range (vans to executive cars) and services (short-term vehicle hire to fully outsourced fleet management).

Leasedrive VELO has an established track record of developing innovative services including employee car ownership schemes, cross-border leasing and Safety Net (a product designed to assist car fleet managers deal with increased Health & Safety compliance requirements).

The company has also pioneered other systems developments, including Motivity Plus and Drive:Manager, branded customer extranet sites and industry-leading software and functionality.

The company was ranked number 20 in this years FN50.

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