Add-on Acquisition • Business Services

Carzonrent Acquires QCABS Pvt.

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

Acquisition Context

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

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

Target Company

QCABS Pvt.

Gurgaon, India

QCABS Pvt. Ltd. is an online car rental services startup.

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Buyer Overview 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 Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
Country: India	1 of 1
Year: 2012	1 of 1

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