Ownership Group
Founded in 1962, Merchants Fleet has over $2 billion in assets under management and 175,000 managed commercial fleet units across North America. The company has a unique business model focused on forward-thinking technology solutions, innovative fleet services, and the proactive adoption of electric vehicles. Now, under new ownership starting in 2022, Merchants will continue to operate independently, and benefit from additional resources that will help speed new service launches, technology innovation, and expansion into new markets.
