Penske Truck Leasing Overview
- Year Founded
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1969
- Status
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Acquired/Merged
- Employees
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40,000
- Latest Deal Type
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Debt Refin.
- Financing Rounds
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42
- Investments
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21
Penske Truck Leasing General Information
Description
Provider of transportation and supply chain services designed to meet customers' needs across the supply chain. The company offers full-service truck leasing, truck rental and contract maintenance, along with logistics services such as dedicated contract carriage, distribution center management, freight management and dry van truckload carrier services, enabling multinational corporations to keep their fleet running.
Contact Information
Website
www.gopenske.com(Operating Subsidiary)
Corporate Office
- Route 10 Green Hills
- Reading, PA 19603
- United States
Corporate Office
- Route 10 Green Hills
- Reading, PA 19603
- United States
Penske Truck Leasing Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Penske Truck Leasing Comparisons
Industry
Financing
Details
Penske Truck Leasing Competitors (45)
One of Penske Truck Leasing’s 45 competitors is Ryder System, a Private Debt Financed company based in Coral Gables, FL.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Ryder System | Private Debt Financed | Coral Gables, FL | ||||
| U.S. Xpress Enterprises | Corporate Backed or Acquired | Chattanooga, TN | ||||
| Bison Transport | Corporate Backed or Acquired | Winnipeg, Canada | ||||
| Canada Cartage | Private Equity-Backed | Mississauga, Canada | ||||
| NFI Industries | Private Debt Financed | Camden, NJ |
Penske Truck Leasing Patents
Penske Truck Leasing Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-232314-S | Cover guard for an electronic component | Active | 09-May-2024 | ||
| CA-232318-S | Cover guard for an electronic component | Active | 09-May-2024 | ||
| CA-232319-S | Cover guard for an electronic component | Active | 09-May-2024 | ||
| US-D1100860-S1 | Cover guard for an electronic component | Active | 09-May-2024 | ||
| US-D1100861-S1 | Cover guard for an electronic component | Active | 09-May-2024 |
Penske Truck Leasing Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Penske Truck Leasing Former Investors
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|
Penske Truck Leasing Investments & Acquisitions (21)
Penske Truck Leasing’s most recent deal was a Secondary Transaction - Private with Penske Automotive Group. The deal was made on 15-Oct-2026.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Penske Automotive Group | 15-Oct-2026 | Secondary Transaction - Private | Automotive | ||
| Terminal | 29-Jul-2026 | Early Stage VC | Software Development Applications | ||
| Penske Energy | 21-May-2024 | Joint Venture | Consulting Services (B2B) | ||
| JDK Aviation Property (1.48 Acres of Land in Tucson, Arizona) | 21-Jul-2023 | Corporate Asset Purchase | Buildings and Property | ||
| Kris-Way Truck Leasing | 13-Jul-2023 | Merger/Acquisition | Other Commercial Services |
Penske Truck Leasing Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Penske Truck Leasing Company | Kent, WA | 2001 | |
| Penske Entertainment | Indianapolis, IN | 2000 | |
| Kris-Way Truck Leasing | South Portland, ME | 1978 |
Penske Truck Leasing FAQs
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When was Penske Truck Leasing founded?
Penske Truck Leasing was founded in 1969.
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Where is Penske Truck Leasing headquartered?
Penske Truck Leasing is headquartered in Reading, PA.
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What is the size of Penske Truck Leasing?
Penske Truck Leasing has 40,000 total employees.
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What industry is Penske Truck Leasing in?
Penske Truck Leasing’s primary industry is Logistics.
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Is Penske Truck Leasing a private or public company?
Penske Truck Leasing is a Private company.
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What is Penske Truck Leasing’s current revenue?
The current revenue for Penske Truck Leasing is .
-
How much funding has Penske Truck Leasing raised over time?
Penske Truck Leasing has raised $21.9B.
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Who are Penske Truck Leasing’s investors?
GE Capital and U.S. Department of Energy have invested in Penske Truck Leasing.
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Who are Penske Truck Leasing’s competitors?
Ryder System, U.S. Xpress Enterprises, Bison Transport, Canada Cartage, and NFI Industries are some of the 45 competitors of Penske Truck Leasing.
-
When was Penske Truck Leasing acquired?
Penske Truck Leasing was acquired on 06-Jan-2026.
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