Avis Budget Group - M&A Summary and Business Overview

Consumer ServicesCompany

Avis Budget Group M&A Summary

Avis Budget Group has acquired 9 companies. A total of 3 acquisitions came from private equity firms.

Avis Budget Group’s largest acquisition to date was in 2011, when it acquired Avis Europe for $1.0B. Avis Budget Group has acquired in 4 different US states, and 5 countries. The Company’s most targeted sectors include business services (25%) and retail (25%).

Avis Budget Group Business Overview

Where is Avis Budget Group headquartered?

Avis Budget Group is headquartered in Parsippany, New Jersey.

What is Avis Budget Group’s revenue?

Avis Budget Group disclosed revenue of 11,994M USD for 2022 and 9,313M USD for 2021.

How many employees does Avis Budget Group have?

Avis Budget Group has 18,500 employees.

What sector is Avis Budget Group in?

Avis Budget Group is a consumer services company.

When was Avis Budget Group founded?

Avis Budget Group was founded in 1946.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 3
  • M&A Advisors 2

Avis Budget Group

Avis Budget Group, Inc.

6 Sylvan Way,
Parsippany, New Jersey 07054
United States,
(973) 496-4700
www.avisbudgetgroup.com

Avis Budget Group is a provider of vehicle rental and car sharing services. The Company operates three brands, which include Avis, Budget and Zipcar. Avis Budget Group was incorporated in 1946 and is based in Parsippany, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 8 - - - - - 8
vol $1.8B $1.8B
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
France Cars 2016-09-14 - Add-on Acquisition
Lille, France · www.francecars.fr
Maggiore Rent SpA 2015-04-09 160M USD Add-on Acquisition
Roma, Italy · www.maggiore.it
Payless Car Rental System, Inc. 2013-07-16 50M USD Add-on Acquisition
St. Petersburg, Florida · www.paylesscar.com
Zipcar, Inc. 2013-03-14 500M USD Add-on Acquisition
Cambridge, Massachusetts · www.zipcar.com
Apex Rental Cars Ltd. 2012-10-24 - Add-on Acquisition
Christchurch, New Zealand · www.apexrentals.co.nz
Avis Europe PLC 2011-10-03 1.0B USD Add-on Acquisition
, United Kingdom · www.avis-europe.com
Carey International, Inc. 2007-10-23 60M USD Add-on Acquisition
Washington, District of Columbia · www.carey.com
NAMG, Inc. 2007-07-01 - Add-on Acquisition
Minnetonka, Minnesota · www.northamericanmediagroup.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 2 (25%) 50M (3%) - -
Retail 2 (25%) 1.2B (66%) - -
Transportation 2 (25%) 60M (3%) - -
Automotive 1 (13%) 500M (28%) - -
Publishing 1 (13%) - - -
Total 8 $1.8B - -

By Geo

State/Country Buy Value Sell Value
United States 4 610M - -
  Minnesota 1 - - -
  Massachusetts 1 500M - -
  Florida 1 50M - -
  District of Columbia 1 60M - -
France 1 - - -
Italy 1 160M - -
New Zealand 1 - - -
United Kingdom 1 1.0B - -
Domestic 4 (50%) 610M (34%) - -
Cross-border 4 (50%) 1.2B (66%) - -
Total 8 $1.8B - -

Top M&A Advisors

Financial Deals
Citigroup Investment Banking
 1
Legal Deals
Kirkland & Ellis
 1

Deal Values

buy # Total
> $1B 1 $1.0B
$100M to $1B 2 $660M
< $100M 2 $110M
TOTAL $1.8B
Largest Avis Europe PLC
$1.0B (2011-10-03)

M&A Connections

Deals
Acquired from
Investor(s)
25%
2 (25%)

Company Summary

SECTOR

Consumer Services

Revenue

11,994   29% 2022
9,313   73% 2021
5,402   42% 2020
9,172   1% 2019
9,124   4% 2018
8,848   3% 2017
8,659   2% 2016
8,502   1% 2015
8,485   7% 2014
7,937   8% 2013
7,357   2012
(millions of USD) Show More Show Less

Employees

18,500

Established

1946

Public

NASDAQ: CAR

Former Name

Cendant Corporation

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