{"id":2309,"date":"2017-01-30T13:09:17","date_gmt":"2017-01-30T13:09:17","guid":{"rendered":"https:\/\/anythingforhire.com\/news\/?p=2309"},"modified":"2017-07-20T12:45:07","modified_gmt":"2017-07-20T11:45:07","slug":"car-leasing-firm-zenith-sold-750m","status":"publish","type":"post","link":"https:\/\/anythingforhire.com\/news\/car-leasing-firm-zenith-sold-750m\/","title":{"rendered":"Car leasing firm\u00a0Zenith sold for \u00a3750m\u00a0"},"content":{"rendered":"<p>\u00a0Today it has been announced that car leasing firm, Zenith has been sold, with owners, HgCapital, letting the organisation go for an attractive \u00a3750m. Allegedly, the Leeds-based <a href=\"https:\/\/anythingforhire.com\/about#how-it-works\">hire firm<\/a> has been acquired by Bridgepoint, continuing to develop the company and enter new markets. \u00a0<\/p>\n<p>Zenith is a firm that is well known for their car leasing service, offering their services as a breakdown solution to a while list of blue-chip companies. As the largest independent vehicle leasing businesses in the UK, Zenith enjoy working with big name businesses like Greene King, Asda, Santander and the likes. \u00a0<\/p>\n<p>Acquiring Zenith due to its \u201cproven business model\u201d, Bridgepoint sees potential, with companies such as Pret a Manger, Deliveroo and Fat Face features in their investment portfolio. \u00a0<\/p>\n<p>Estimating\u00a0that the UK fleet services market is worth around \u00a314bn, Zenith are confident that there is a bigger piece of the pie out there for them, and with the help of their new investors, they could certainly scale the business up ever more.\u00a0<\/p>\n<p>Mark Phillips, chief financial officer of Zenith, said: \u201cBridgepoint\u2019s new investment will support the management team to continue to build Zenith, open up new markets and extend the value proposition both in the UK and Europe.\u201d\u00a0<br \/>\nLet us know what you think, is there space for companies like Zenith to triumph in this competitive hire market? Let us know what you think! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Today it has been announced that car leasing firm, Zenith has been sold, with owners, HgCapital, letting the organisation go for an attractive \u00a3750m. Allegedly, the Leeds-based hire firm has&#8230;<\/p>\n","protected":false},"author":7,"featured_media":2310,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[],"yst_prominent_words":[],"class_list":["post-2309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-hire-rental-news"],"amp_validity":null,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts\/2309","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/comments?post=2309"}],"version-history":[{"count":1,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts\/2309\/revisions"}],"predecessor-version":[{"id":2311,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/posts\/2309\/revisions\/2311"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/media\/2310"}],"wp:attachment":[{"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/media?parent=2309"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/categories?post=2309"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/tags?post=2309"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/anythingforhire.com\/news\/wp-json\/wp\/v2\/yst_prominent_words?post=2309"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}