Hogan (CCJ Top 250, No. 54) has been acquired by vehicle rental giant Enterprise Mobility, parent of the Enterprise Rent-A-Car, National Car Rental and Alamo brands. Terms of the deal were not disclosed.
Hogan operates more than 10,000 pieces of equipment at 50-plus locations in the United States through a broad portfolio of commercial transportation services, including full-service truck leasing, truck rental, dedicated transportation services and other custom-designed transportation and logistics solutions.
Enterprise Mobility has a diverse fleet of Class 1-6 vehicles and a broad portfolio of mobility offerings, including a leading offering in fleet management and light- and medium-duty truck rental.
Enterprise Mobility President and CEO Chrissy Taylor said adding Hogan's business allows her company to expanded its portfolio of services and its fleet, which now includes Class 7 and Class 8 heavy-duty trucks along with specialized equipment such as refrigerated trucks and trailers, flatbeds, automotive haulers and livestock trailers.
"We look forward to the opportunities for long-term growth and diversification this combination brings," added Taylor. "With an expanded portfolio that now offers every vehicle class in North America, the business is well positioned to deliver custom mobility solutions to address each customer's unique needs. We aren't just participating in commercial mobility; we're a leader in service and breadth of offering."
Both companies are based in St. Louis, and Hogan will operate separately "for the foreseeable future," the company said Monday.
"We are excited to combine with Enterprise Mobility and continue to grow the reach and offerings of Hogan," said Hogan Transports President David Hogan, who will remain with the business along with Hogan Truck Leasing President Brian Hogan. "Through the combination, customers of both Enterprise Mobility and Hogan will gain access to a wider range of services, along with an enhanced network and fleet."
"Since our founding in 1918, we've continued to honor our vision of being the most respected transportation provider in the industry, known for delivering exceptional quality and value for our customers, employees and strategic partners," said Brian Hogan. "Our longevity and continued success are built on our family-owned, collaborative and supportive culture. Enterprise Mobility's similar values and purpose, along with their commitment to managing their business for the long term like us, are why we feel this is right for both customers and employees."
