Vancouver, British Columbia – 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.

About Shaker Auto Lease, Inc.

Founded in 1963 and based in Warrenville Heights, Ohio, Shaker Auto Lease, Inc. is a leading independent vehicle lessor, providing tailored open-end and closed-end leasing solutions across the United States for both commercial and consumer clients. For over six decades, Shaker Auto Lease, Inc. has offered competitively priced leasing options for individuals, small and midsize fleets, with a reputation for unmatched and exceptional customer service.

For more information, please visit: www.shakerautolease.com

About Jim Pattison Lease

In operation since 1961, Jim Pattison Lease is one of Canada’s largest privately-owned fleet management and leasing companies with over 62,000 leased and managed vehicles across North America. A recognized leader in the fleet leasing industry, Jim Pattison Lease provides flexible and innovative customized fleet management solutions and vehicle leasing to commercial and public sector enterprises.

For more information, please visit: www.jimpattisonlease.com

Jim Pattison Lease is proud to be a division of The Jim Pattison Group. With over $16 billion in annual sales and over 50,000 employees, The Jim Pattison Group consists of twenty distinct operating divisions, which span the automotive, advertising, media, agricultural equipment, grocery, entertainment, exporting, financial, and real estate.

For further information, contact:

Brian Davis, Executive Vice President, Shaker Auto Lease bdavis@shakerautolease.com
Ryan D’Souza, President, Jim Pattison Lease ryan.dsouza@jplease.com