About Somerville National Leasing
Somerville National Leasing is a company based in North York (Canada) founded in 1950. It operates as a B2B. Somerville National Leasing has completed 1 acquisition, including Zeemac. Somerville National Leasing offers products and services including Fleet Leasing, Commercial Rentals, Fleet Telematics, Fuel Management, and EV Charging Solutions. Somerville National Leasing operates in a competitive market with competitors including Pro Action Diesel, Freightliner North Bay, Canadian Service Plus, Valley Truck & Spring Service and Citernes Rosalex, among others.
- Headquarter North York, Canada
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Sectors
Energy & UtilitiesTransportation, Automotive & Logistics
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Annual Revenue
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Products & Services of Somerville National Leasing
Somerville National Leasing offers a comprehensive portfolio of products and services, including Fleet Leasing, Commercial Rentals, Fleet Telematics, Fuel Management, and EV Charging Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides leasing for fleet vehicles to support business operations
Offers short-term vehicle rentals to minimize downtime
Delivers real-time data for vehicle monitoring and management
Manages fuel costs and maintenance for commercial fleets
Provides charging infrastructure for electric vehicle fleets
Funding Insights of Somerville National Leasing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Somerville National Leasing
Somerville National Leasing has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Zeemac. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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A full spectrum of fleet services is offered by Zeemac.
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Somerville National Leasing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Somerville National Leasing Comparisons
Competitors of Somerville National Leasing
Somerville National Leasing operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pro Action Diesel, Freightliner North Bay, Canadian Service Plus, Valley Truck & Spring Service and Citernes Rosalex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Repair and maintenance services for trucks and equipment are offered.
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Heavy truck repair, maintenance, and sales services are provided.
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Provider of on-site repair and maintenance services for trucks
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Truck and trailer repair services are provided in Canada.
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| domain | founded_year | HQ Location |
Repairs and certifies tank trucks, reservoirs, and offers related product sales.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Somerville National Leasing
Frequently Asked Questions about Somerville National Leasing
When was Somerville National Leasing founded?
Somerville National Leasing was founded in 1950.
Where is Somerville National Leasing located?
Somerville National Leasing is headquartered in North York, Canada. It is registered at North York, Ontario, Canada.
What does Somerville National Leasing do?
Somerville Auto specializes in fleet management services, including leasing, rentals, telematics, fuel management, and EV charging solutions. They operate across Canada, serving businesses from offices in Ontario, Alberta, and British Columbia. The company helps optimize vehicle fleets, reduce costs, and support electrification through comprehensive, flexible options tailored to commercial needs.
Who are the top competitors of Somerville National Leasing?
Somerville National Leasing's top competitors include Freightliner North Bay, Suspensions et Ressorts Michel Jeffrey and Canadian Service Plus.
What products or services does Somerville National Leasing offer?
Somerville National Leasing offers Fleet Leasing, Commercial Rentals, Fleet Telematics, Fuel Management, and EV Charging Solutions.
How many acquisitions has Somerville National Leasing made?
Somerville National Leasing has made 1 acquisition, including Zeemac.