Enterprise enters heavy-truck market with Hogan acquisition

Core Viewpoint - Enterprise Mobility has successfully acquired Hogan, enhancing its portfolio with over 10,000 additional truck units and marking its entry into the heavy-truck market [1]. Group 1: Acquisition Details - The acquisition adds more than 10,000 units to Enterprise's fleet, allowing it to enter the heavy-truck market [1]. - Financial terms of the acquisition were not disclosed [1]. - Both Enterprise Mobility and Hogan are family-owned businesses based in St. Louis, Missouri [1]. Group 2: Hogan's Operations - Hogan offers a variety of truck leasing and rental options, including tractors, trailers, straight trucks, refrigerated trucks, and cargo vans [2]. - The company also provides dedicated transportation and brokerage services [2]. - Hogan employs over 3,000 people across more than 50 locations in the U.S. [2]. Group 3: Strategic Positioning - Enterprise Mobility's expanded portfolio now includes every vehicle class in North America, positioning the company to deliver tailored mobility solutions [3]. - The company was already renting Classes 1 through 6 vehicles prior to the acquisition [3]. - Hogan will continue to operate independently under its current leadership team [4]. Group 4: Customer Benefits - The combination of Enterprise Mobility and Hogan will provide customers with access to a broader range of services and an enhanced network and fleet [4]. - Enterprise Mobility aims to be a leader in commercial mobility, emphasizing service and breadth of offerings [4].