Athene is the Lead Investor in the Combination of Wheels and Donlen

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Oct 28, 2021

Frank Family maintaining significant investment and board representation

Dan Frank announced as vice chairman focused on continuity of industry-leading performance and culture, and new product innovation

Shlomo Crandus announced as CEO of combined business

Seamless and enhanced customer experience combining the best of both companies

Investment builds on Wheels' 80+-year fleet management legacy, strong client base, history of product innovation, and exceptional client service and technology

Athene backing will provide combined company with strongest and most flexible capital base in the fleet management industry allowing the company to provide a multitude of solutions to clients

Investment in fundamentally strong business to provide Athene with attractive opportunities for further origination and deployment and broaden suite of products offered to clients

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