Jim Pattison Lease Announces Acquisition of Shaker Auto Lease, Inc. to Expand Its Presence in the United States

Jim Pattison Lease, a leading fleet management company renowned for their commitment to exceptional customer service, is pleased to announce the acquisition of Shaker Auto Lease, Inc. (“Shaker Auto Lease”), based in Cleveland, Ohio. This is the second investment in the United States by Jim Pattison Lease over the past several years and represents the strategic vision to increase support for customers in both the United States and Canada.

“We are excited to embark on this journey with Jim Pattison Lease,” said Brian Davis, Executive Vice President of Shaker Auto Lease. “This transaction represents a significant step forward in our ongoing efforts to deliver unmatched customer experiences, while continuing to grow our business. “Together, we will create a synergy that not only meets but exceeds the expectations of our valued customers.”

“Our acquisition of Shaker Auto Lease is built on a solid foundation of dedicated team members from both companies providing leasing and fleet management services for a combined 124 years,” said Ryan D’Souza, President of Jim Pattison Lease. “Through this transaction, we will continue to expand our footprint in the United States while upholding our commitment of providing local and personal service, throughout all cross-border markets."

This collaboration comes at a time when customer service excellence is more critical than ever. Both companies share a common vision of enhancing customer satisfaction through innovative fleet solutions and advanced technologies, delivered through a customer first commitment.

“We are excited to welcome all existing team members from Shaker Auto Lease, who will continue to deliver the same high level of service their customers have come to expect," said Ben Carfrae, Regional President of Jim Pattison Lease. “We believe that through the strength of both of our companies, we will continue to deliver industry leading service while supporting our customers’ fleet needs.”

In connection with the transaction, Solomon Partners Securities, LLC served as exclusive financial and strategic advisor to Shaker Auto Lease.