Headquartered in the Netherlands, LeasePlan Corporation (“LeasePlan”) is the world’s leading fleet management and driver mobility company. Since its inception in 1963, LeasePlan has been at the forefront of market developments and the company now employs over 8,000 staff in operations across 32 countries.

LeasePlan’s full-service offering consists of financing and operational fleet management services to meet the needs of a diverse client base, including large multinational companies, public sector entities and SMEs. Its fleet is comprised of a diverse mix of vehicles from a variety of the largest global manufacturers.

LeasePlan is also well positioned to capitalise on the on-going trends in the automotive industry through its suite of innovative mobility solutions, such as corporate car sharing programmes and integrated multi-modal transport schemes.


During 2013, TDR identified LeasePlan as an attractive acquisition target as part of a thematic origination review within the financial services space. LeasePlan appeared to be a ‘corporate orphan’ within the Volkswagen Group (“VW”), with a market-leading position in an attractive sector that benefits from high quality asset backing and recurring contractual revenue streams.

During 2014, we assembled a consortium of leading global investors with the financial capacity and credentials needed to acquire a regulated financial institution of LeasePlan’s size. 

In July 2015 we signed an agreement with VW to acquire LeasePlan, ultimately completing the transaction in March 2016 after having secured regulatory approval from the ECB.

What we've done

Since TDR’s investment the business has undergone significant transformation with the new management team developing and proceeding to rapidly implement a more centralised organisation to streamline decision-making and promote best practice sharing across divisions and geographies. In addition the company launched a number of new commercial initiatives and a new mobility strategy, to take advantage of changing market dynamics driven by a shift from car ownership to car-as-a-service. The new commercial strategy has had a strong impact on LeasePlan’s core net income and has further strengthened LeasePlan’s position as the market leader. 

In 2018 LeasePlan launched – an online B2C marketplace for high-quality used cars in Europe. On the back of significant investment, has grown to become a leading European online platform for the sale of used cars direct to the consumer.

In July 2021, CarNext was carved out from LeasePlan into a fully independent business. Further information can be found here.