Acquiring Company
SG Fleet
Acquired Company
FleetPartners
Description
SG Fleet has submitted a revised acquisition proposal valuing FleetPartners at A$982.1 million. The proposal is part of a competitive bidding process that includes ORIX and a consortium led by Sumitomo Corp. FleetPartners' board has allowed access to the next stage of due diligence but stated that none of the proposals are binding.
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Based on deal dataFrequently asked
Who acquired FleetPartners?
FleetPartners was acquired by SG Fleet, based in Melbourne. The deal was reported on September 14, 2026. SG Fleet is a leading fleet management and salary packaging company in Australia. It provides a range of services to customers both in the private and public sectors. SG Fleet is privately held and operates in Fleet Management.
When did SG Fleet acquire FleetPartners?
SG Fleet's acquisition of FleetPartners was reported on September 14, 2026. SG Fleet has submitted a revised acquisition proposal valuing FleetPartners at A$982.1 million. The proposal is part of a competitive bidding process that includes ORIX and a consortium led by Sumitomo Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does FleetPartners do?
FleetPartners is an Australian company specializing in fleet management and vehicle leasing services. With a focus on enhancing operational efficiencies, it partners with businesses across various sectors. It is privately held, operating in Financial Services, and is based in Hibiscus Coast.
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