Mike Albert Fleet Solutions Acquires Vehicle Rental Assets of D&L Leasing
Mike Albert Fleet Solutions has acquired the vehicle rental assets of Milford-based D&L Leasing, according to a statement from the company. Before the acquisition, D&L rented cars, conversion vans, light duty trucks, and vans from its headquarters in Milford, Ohio, and also provided service rentals to customers of local dealerships, Mike Albert stated.
According to Marty Betagole, president of Mike Albert, the company plans to integrate the operations of D&L into Mike Albert’s Short-term Rental Department. Betagole said the company will run the operation out of Mike Albert’s newly remodeled and expanded offices in Evendale.
The acquisition will provide Mike Albert with an opportunity to grow business in new market segments, according to the company. Mike Albert added it will continue providing service rentals to customers of the local dealerships from transactions originated within their service departments.
“We look forward to integrating D&L into our existing rental operations,” Marty stated.
While the existing D&L location in Milford will be closed, Jeff Lykins, President of D&L, commented that, “It was a difficult decision from the employee standpoint, but it was the right long-term decision in order to use our resources effectively.”