M&A Deal Summary

Avis Budget Group Acquires NAMG

On July 1, 2007, Avis Budget Group acquired publishing company NAMG from DH Private Equity Partners

Acquisition Highlights
  • This is Avis Budget Group’s 1st transaction in the Publishing sector.
  • This is Avis Budget Group’s 1st transaction in the United States.
  • This is Avis Budget Group’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2007-07-01
Target NAMG
Sector Publishing
Buyer(s) Avis Budget Group
Sellers(s) DH Private Equity Partners
Deal Type Add-on Acquisition

Target

NAMG

Minnetonka, Minnesota, United States
North American Membership Group (“NAMG”), based in Minnetonka, Minnesota (USA), is an affinity marketing organisation which successfully combines membership, publishing and merchandise marketing into one business. NAMG caters to enthusiasts who pay membership dues in exchange for club benefits, which include a monthly magazine and access to proprietary books, videos and events.

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Buyer(S) 1

Buyer

Avis Budget Group

Parsippany, New Jersey, United States
Category Company
Founded 1946
Sector Consumer Services
Employees18,000
Revenue 12.7B USD (2023)
DESCRIPTION
Avis Budget Group's corporate headquarters in Parsippany, New Jersey.
Avis Budget Group's corporate headquarters in Parsippany, New Jersey.

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.

DEAL STATS #
Overall 1 of 8
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 8
State (Minnesota) 1 of 1
Country (United States) 1 of 4
Year (2007) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-23 Carey

Washington, District of Columbia, United States

Carey is a provider of premium chauffeured vehicle services through a worldwide network of owned and operated companies, licensees and affiliates serving 546 cities in 60 countries. Carey provides a full range of chauffeured vehicle and logistics services, including luxury airport transport, road shows, special events, and tours.

Buy $60M

Seller(S) 1

SELLER

DH Private Equity Partners

London, United Kingdom
Category Private Equity Firm
Founded 1985
PE ASSETS 10.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

DH Private Equity Partners is an independent private equity firm focused on investments in traditional private equity, real estate, and venture capital. DH private equity group targets European mid-market businesses valued between €200 and €600 million. The Firm usually takes a majority stake in acquisitions, and looks for management participation as well. DH will consider investments across a range of industries, including building materials, packaging, energy, automotive, media, beverages, and luxury goods. DH Private Equity was formed in 1985 and is based in London.

DEAL STATS #
Overall 17 of 35
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 2 of 11
State (Minnesota) 1 of 1
Country (United States) 3 of 6
Year (2007) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-18 Norit Activated Carbon

Amersfoort, Netherlands

Norit Activated Carbon is a supplier of purification technologies primarily serving the water and beverage markets, offering components and systems for every part of the water value chain. Norit Activated Carbon was founded in 1918 and is based in Amersfoort, Netherlands.

Buy $351M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-01 Moeller Electric Pte.

Singapore, Singapore

Moeller is one of the largest globally active manufacturers of low-voltage electrical distribution and automation components for industrial, commercial and residential applications.

Sell €1.6B
Mergr

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