Fleetondemand are very excited to welcome Andrew Cope to the company as Executive Chairman. Forming an alliance between two of the most prestigious entrepreneurial names in the fleet industry, we are now expecting to be able to fully accommodate the rapid growth Fleetondemand will be making within the near future.
This appointment was made following a deal with British Growth Fund (BGF) who acquired a minority stake in the company through a £5 million investment.
Justin Whitston, Chief Executive of Fleetondemand stated, “Following our recent investment, the creation of a world-class executive board was paramount to our strategy. Andrew has an unrivalled track record in his field and we are incredibly excited about working with him to drive the future success of our business."
“With the support of BGF and Andrew, we will be able to ramp up engineering and product development and rapidly accelerate our sales strategy in the UK and pan European launch in 2020. It’s a hugely exciting time for the business and we all look forward to working together to achieve the company’s growth potential over the next three years.”
Our CEO Justin Whitson is also a prominent figure in the development of fleet services within the UK. Having founded Nexus Vehicle Rental in 2000, Justin established his company as the UK’s largest independent provider of B2B vehicle rental. Justin continues to set his sights further by founding Fleetondemand and developing Mobilleo, the first of its kind in B2B Mobility as a Service.
Andrew Cope commented, “Sometimes every once in a while, opportunities come along that you have to get involved in. For me, being asked to invest in and be part of the FOD story following the recent BGF investment was just one of those moments."
“Having known Justin for many years and watched with real interest and admiration the development of the company, the chance to become Chairman at this ground-breaking juncture in the history of the company, especially with the recent launch of the Mobilleo platform was a real honour.”
Andrew has an undeniably prolific amount of experience within the fleet industry, being the mind behind the growth and equity buyouts of companies such as Zenith between 2003/2014 and FMG in 2015 to Redde Plc a few months subsequent to buying them out himself. Additionally, within 2015 Andrew assisted in the investment of Essential Fleet services alongside Endless to later merge them into Go Plant in 2017.
Combining these two forward thinking minds into one direct Mobility as a Service initiative foretells a very promising future for Fleetondemand and Mobilleo.
Read Fleet News' coverage on Andrew Cope's appointment as Executive Chairman here.
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