Zenith

Zenith is the leading independent operator in the UK vehicle leasing and fleet management market.

Sector Business Services Office London
Acquired 2017 Deal size £750m

Background

Established in 1989 and headquartered in Leeds, Zenith is a specialist independent UK leasing and fleet management provider. The business offers two primary products: Contract Hire and Leasing ("CHL"), which leases fleets of vehicles to the corporate market, and Salary Sacrifice, through which employers offer vehicles as an optional benefit to their employees.

The company has a reputation for value and best-in-class customer service, an innovative online platform, and large, blue-chip, loyal client base. The UK fleet services market is a large, growing and resilient market worth c.£14bn (c.5m vehicles) thanks to increased outsourcing and employment growth. Salary sacrifice (through which employees lease cars for personal use) has tripled in the last three years and is expected to continue to grow over the next five years.

To learn more about the company, visit www.zenith.co.uk