'Three-in-a-Row' win for Leasedrive Velo in 2008 Thames Valley Awards
Last Thursday, the Leasedrive Velo Group, one of the largest independent privately-owned vehicle management groups in the UK, achieved new heights by becoming the first company to scoop the 'Management Team of the Year' Award for three years in a row at the 2008 Thames Valley Business Magazine Awards. Now in their 14th year, the awards recognise the "best of business" in the Thames Valley, second only to the City of London as the most important and successful business region in the UK. The awards are acknowledged as the premier multi-category awards scheme in the region and 'The Management Team of the Year' award, sponsored by the Royal Bank of Scotland, is presented to an outstanding management team that demonstrates strong leadership skills, drive, commitment, adaptability and the ability to think and plan ahead.
Leasedrive Velo Group commercial director, Roddy Graham said: "To win this award over three consecutive years is an unprecedented accolade for us and testament to the strength-in-depth, quality and expertise of our management team. 2008 has been another major milestone in the history of our company as the senior management team bought the company at the end of August in a deal valued at £80m. The transaction was backed by private equity house Lloyds Development Capital (LDC), through its Reading office, and debt and asset finance facilities to support the deal were provided by the Reading-based corporate banking team of The Royal Bank of Scotland (RBS). This deal bucked the trend in the fleet industry and demonstrated the confidence both the senior management team and our backers have in the future of this company. Indeed, we significantly increased our equity and shareholding in the new company, which we re-named Leasedrive Velo Group.
"Our vision remains to continually strive to deliver the highest quality bespoke vehicle management service and demonstrably add value to our blue chip clients through investment in people, world-class fleet management systems and totally-integrated innovative solutions, as exemplified by our latest EnviroDrive green initiative.
"Critically, our success is dependent on the commitment, dedication and enthusiasm of every member of staff so this award is truly as much for all our employees as the management team which won it."
The award was presented to commercial director, Roddy Graham by the Rt Hon Margaret Beckett MP, former Foreign Secretary and deputy leader of the Labour Party at the Madejski Stadium Royal Berkshire Conference Centre in Reading.
- ends -
Leasedrive Velo is the largest independent privately-owned vehicle management group in the UK and comprises two main operating divisions.
Leasedrive Velo Vehicle Management
Working in partnership with fleet managers, or delivering a complete outsourced service, Leasedrive Velo offers blue chip clients a range of bespoke fleet management services. Major investments in the finest asset management system and pioneering, flexible, web-based customer service technology have resulted in Leasedrive Velo offering customers a truly world class fleet management service capability.
Leasedrive Velo Rental Management
One of the largest short-term vehicle rental management companies in the UK, with access to an almost unlimited choice of vehicles and locations throughout the country, Leasedrive Velo Rental Management offers a simple and transparent pricing policy with no hidden surcharges. For rentals of 28 days or more, it offers the Stopgap mid-term vehicle rental solution. Rates are substantially reduced compared to daily rental.
The headquarters for Leasedrive Velo is at hi-tech offices at TRL in Wokingham. Leasedrive Velo is the winner of the 2006 Fleet News Award for 'Best Contract Hire/Fleet Management Company', the 2006 GreenFleet Award for 'Leasing/Rental Company of the Year', The 2006, 2007 and 2008 Thames Valley Business Awards for 'Business Management Team of the Year', the 2007 ITM Award for 'Independent Vehicle Management Company' and the 2008 ITM Award for 'Fleet Management Company'.
For further press information on Leasedrive Velo, contact:
Mr Jeremy Snook
JSPR Ltd
Telephone: 01488 670002
Mobile: 07957 867139
Facsimile: 01488 670008
E-mail: jeremy.snook@jspr.co.uk
Website: www.jspr.co.uk


