Sidley is representing Wheels Donlen and its lead investor, Athene, in Wheels Donlen acquiring LeasePlan USA. Following the acquisition, the business of LeasePlan USA is expected to be combined with Wheels Donlen to create a unified fleet management business. Since the 2021 announcement of their merger within Athene, Wheels Donlen has emerged as one of the most innovative companies in the fleet management industry. Athene, through its subsidiaries, is a leading retirement services company with total assets of US$246 billion as of March 31, 2022. LeasePlan USA is a global leader in Car-as-a-Service, with approximately 1.9 million vehicles under management in 29 countries.
The Sidley team was led by M&A partner Daniel Serota, private equity partner Adam Weinstein and managing associate Whitney Price. The team also included: Beau Leong, Alison Wong, Dzenela Becic, Conner Collins, Melissa Craig, Jerry Ford II, Anna Razzaio, Gabriella Tang, Lauren Toccalino, Ashley Wong, and Kunchok Yaklha (corporate); Andrew Holland, Scott Goldstein, and Sara Africano (Insurance); Jennifer Coplan, E. Kyle Barnett, and Zach Johnston (Technology and Life Sciences Transactions); David Mollo-Christensen, Richard Schneider III, Tom Topping, and Ryan McLeod (Employee Benefits and Executive Compensation); Eric Hoffman (Labor, Employment and Immigration); Elizabeth McCloy, Joy Kerr, and Will Otter (Real Estate); Rachel Kleinberg, Nathan Enfield, and Andy Lau (Tax); Andrew Shoyer, Howard Stanislawski, Carys Golesworthy, and Heather Hedges (Global Arbitration, Trade and Advocacy); Alan Charles Raul, Francesca Blythe, Lauren Kitces, Stephen McInerney, and Carly Owens (Privacy and Cybersecurity); and Alex Kaplan, Hille Sheppard, Jarrett Gross, Deborah Sands, and Rebecca Lewis (Litigation).