Sutton Leasing, of Detroit, has acquired the vehicle lease assets of Dalco Auto Lease Co., previously a wholly-owned company of Budget Rent a Car System Inc. Dalco, with offices in Dayton, OH, operates a lease portfolio of cars and trucks to small companies as well as some large corporate accounts. Dick Hagopian, the company’s president and operating manager, will continue in his present capacity.

Originally posted on Fleet Financials