M&A Deal Summary

Catalyst Capital Group Acquires Advantage Rent A Car

On April 30, 2014, distressed investor Catalyst Capital Group acquired business services company Advantage Rent A Car

Acquisition Highlights
  • This is Catalyst Capital Group’s 1st transaction in the Business Services sector.
  • This is Catalyst Capital Group’s 2nd transaction in the United States.
  • This is Catalyst Capital Group’s 1st transaction in Mississippi.
Investment Fate
  • Advantage Rent A Car went bankrupt in 2020.

M&A Deal Summary

Date 2014-04-30
Target Advantage Rent A Car
Sector Business Services
Buyer(s) Catalyst Capital Group
Deal Type Special Situations/Distressed

Target

Advantage Rent A Car

Ridgeland, Mississippi, United States
Advantage Rent A Car is a rental car company and operates at 44 locations across the United States. The new Advantage features one of the industry’s youngest, most diverse rental car fleets. The company also recently launched new growth initiatives including a business customer program, Advantage for Business, which offers a flat pricing structure and other perks for frequent business travelers.

Search 215,058 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Catalyst Capital Group

Investor


Category Distressed Investor
Founded 2002
PE ASSETS 4.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Catalyst Capital Group is a private equity firm focused on control investments in distressed and undervalued North American companies. The Firm does not have any sector preferences and takes a direct approach on working with portfolio companies. Catalyst Capital Group was established in 2002 and is headquartered in Toronto.


DEAL STATS #
Overall 2 of 4
Sector: Business Services M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 2 of 3
State: Mississippi M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-01 Halcyon Studios

Los Angeles, California, United States

Halcyon Studios is a producer and distributor of television series, miniseries and movies. The Company's goal is to focus on quality content that connects and resonates with audiences around the world, in all formats, in a variety of genres, on all distribution platforms. Halcyon Studios was founded in 1979 and is based in Los Angeles, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 Frontera Energy

Calgary, Alberta, Canada

Frontera Energy is an explorer and producer of crude oil and natural gas, with operations focused in Latin America. The Company has a diversified portfolio of assets with interests in more than 25 exploration and production blocks in Colombia and Peru. Frontera Energy was founded in 1985 and is based in Calgary, Alberta.

Buy -