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  5. Carzonrent Acquires QCABS Pvt.

M&A Deal Summary

Carzonrent Acquires QCABS Pvt.

On May 17, 2012, Carzonrent acquired business services company QCABS Pvt.

Acquisition Highlights
  • This is Carzonrent’s 1st transaction in the Business Services sector.
  • This is Carzonrent’s 1st transaction in India.

M&A Deal Summary
Date 2012-05-17
Target QCABS Pvt.
Sector Business Services
Buyer(s) Carzonrent
Deal Type Add-on Acquisition

Target

QCABS Pvt.

Gurgaon, India
QCABS Pvt. Ltd. is an online car rental services startup.

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Buyer(S) 1

Buyer

Carzonrent

Delhi, India
Category Company
Founded 2000
Sector Transportation
DESCRIPTION

Carzonrent is the licensee of Hertz for India. The Company offers chauffer drive, self drive, fleet management services and limousine services. carzonrent was founded in 2000 and is based in Delhi, India.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2012 M&A 1 of 1
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