M&A Deal Summary

Fox Rent-A-Car Acquires JustShareIt

On March 23, 2017, Fox Rent-A-Car acquired internet software and services company JustShareIt

Acquisition Highlights
  • This is Fox Rent-A-Car’s 1st transaction in the Internet Software and Services sector.
  • This is Fox Rent-A-Car’s 1st transaction in the United States.
  • This is Fox Rent-A-Car’s 1st transaction in California.

M&A Deal Summary

Date 2017-03-23
Target JustShareIt
Sector Internet Software and Services
Buyer(s) Fox Rent-A-Car
Deal Type Add-on Acquisition

Target

JustShareIt

Burlingame, California, United States
JustShareIt, Inc. is a cloud-based and mobile friendly peer-to-peer car sharing platform allows individuals to rent or share cars directly from individual car owners.

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Buyer(S) 1

Buyer

Fox Rent-A-Car

Los Angeles, California, United States

Category Company
Founded 1989
Sector Business Services
DESCRIPTION

Fox Rent-A-Car is a value-based car rental brand catering to airport travelers. Fox Rent A Car offers consumers great value, convenience and superior service at 19 major corporate owned airport locations across the US plus 110+ affiliate locations. Fox Rent-A-Car was founded in 1989 and is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1