Leasedrive VELO Vehicle Management - Company details

Leasedrive Velo, one of the UK’s largest independent privately-owned vehicle management groups in the UK, has been bought by its senior management team in a deal valued at £80m.  The transaction is backed by private equity house Lloyds Development Capital (LDC), which has made a significant investment for a majority stake in the business.  Debt and asset finance facilities to support the deal were provided by The Royal Bank of Scotland (RBS).  A new company has been formed, ... read more

Leasedrive Velo, one of the UK’s largest independent privately-owned vehicle management groups in the UK, celebrated its 25th anniversary on 25 July 2008. Commercial director, Roddy Graham said: “We have attained another major milestone in our history and look forward to taking the company on to bigger and better things over the next 25.” Major milestones in the company’s history include: 1983 - Leasedrive contract hire business established 1988 - Velo contract ... read more

Leasedrive Velo, one of the UK’s largest independent privately-owned vehicle management groups in the UK, has been named ‘Fleet Management Company 08/09′ by the Institute of Transport Management (ITM). Commercial director, Roddy Graham said: “We are thrilled to have been recognised by ITM for three successive years.  In 2006, we were accredited as a ‘Recommended Industry Supplier’ and last year we won the ‘Independent Vehicle Management Company ... read more

A team of 14 riders entered by Leasedrive Velo, one of the UK’s largest independent privately-owned vehicle management groups, successfully completed a 250-mile charity bike ride between London and Paris in aid of Marie Curie Cancer Care and in doing so smashed its fund-raising target of £5,000 by so far raising over £13,500 for the 60-year-old charity. Team leader and commercial director of Leasedrive Velo, Roddy Graham said: “The sheer feeling of elation as we all rode up the ... read more

Leasedrive Velo, one of the UK’s largest independent privately-owned vehicle management groups has announced that it has had a successful first year in business. The combined turnover of the group in the first year following the successful merger between Leasedrive and Velo in January 2007 was £56m. While,earnings before interest, tax and amortisation (EBITA) was £4.6m. Chief executive officer, Roger Partridge, said: “The excellent results achieved in the first year of trading, ... read more

Leasedrive Velo, one of the largest, privately owned vehicle management providers in the UK has signed a new contract with Nobilas. Nobilas Claims & Fleet solutions is an Akzo Nobel company operating in Europe and North America and combines leading car repair process management skills with claims management, and incident services. Leasedrive Velo will provide supply rental vehicles in support of accident claims. In return Nobilas UK will provide accident management service to a number of ... read more

Leading project and cost consultancy Davis Langdon is leading the way in sustainable company car policies by introducing bold new restrictions on company car allowances for vehicles with high CO2 emissions for both staff and partners.  The changes extend to the ‘grey fleet’ - cash allowance takers - and aim to reward those who make sustainable car choices.  Davis Langdon has been working closely with the Energy Savings Trust and fleet management provider Leasedrive Velo to develop ... read more

Kwik-Fit Fleet has won the contract to provide fast-fit services to Leasedrive Velo. As part of a 12 month contract Kwik-Fit Fleet will cover tyres, exhausts, batteries, brake parts and MoTs. ... read more

Leasedrive Velo Rental Management, one of the largest corporate providers of short and mid-term vehicle rental with access to 128,779 vehicles from 958 locations in the UK, has won sole supplier status with Arqiva, the broadcast and mobile communications network solutions and services provider.  The contract covers both short and medium-term vehicle rental. Roddy Graham, commercial director, at Leasedrive Velo said: “With a broadcast and mobile communications presence throughout the UK, ... read more