Hertz
Hertz Global Holdings is a prominent player in the vehicle rental and leasing industry, operating through various segments, including U.S. Rental Car and International Rental Car. The company offers a diverse range of vehicles, including cars, vans, crossovers, and light trucks, under well-known brands such as Hertz, Dollar, Thrifty, and Firefly. With approximately 12,400 locations worldwide, Hertz serves both business and leisure customers, providing rental services on an hourly, daily, weekly, or monthly basis. The company also offers a variety of value-added services, vehicle leasing, and fleet management solutions, which include financing, maintenance consultation, and telematics-based reporting. Founded in 1918 and headquartered in Estero, Florida, Hertz has faced significant challenges, filing for reorganization under Chapter 11 in May 2020. Despite these challenges, Hertz continues to be a major player in the global vehicle rental market.
UFODRIVE S.A., based in Capellen, Luxembourg, specializes in electric car rental services. The company offers a streamlined rental experience through its app, eliminating the need for keys, paperwork, and waiting in queues. UFODRIVE focuses on providing hassle-free, on-demand electric car rentals available throughout the day at prime city and airport locations across Europe. With a commitment to sustainability, UFODRIVE's services are designed to minimize fuel consumption and emissions, catering to environmentally conscious consumers.
Luxe is a logistics platform focused on providing innovative real-time local services, starting with parking solutions. The Luxe app, available for iPhone, aims to enhance the parking experience by transforming it from a tedious necessity into a more enjoyable aspect of daily life. The company employs a skilled team with backgrounds from notable organizations, including Zynga, Tesla, Google, Yahoo, and Groupon. Luxe utilizes a fleet of pre-screened, friendly valets and offers access to numerous insured and secure indoor parking facilities. Their advanced technology platform monitors the entire parking process, ensuring a seamless experience from car drop-off to pick-up. By addressing the widespread challenge of urban parking, Luxe is setting a new standard in on-demand services.
CCL Vehicle Rentals specializes in accident management services aimed at assisting motorists involved in car accidents that were not their fault. The company offers a range of services, including claims handling management, provision of replacement vehicles, supervision of vehicle repairs, and recovery of uninsured losses. By focusing on these areas, CCL Vehicle Rentals helps streamline the process for clients, alleviating the challenges that often arise after an accident.
Dollar Thrifty Automotive Group specializes in car rental services, offering a diverse selection of vehicles primarily from DaimlerChrysler, along with other quality rental options. The company operates both company-owned and franchised locations under the Dollar and Thrifty brand names, primarily in the United States and Canada. In addition to daily vehicle rentals for business and leisure customers, the company has a franchised retail network for used car sales. Dollar Thrifty also provides various support services to its franchisees, including sales and marketing, reservation systems, and insurance services. Furthermore, the company offers supplemental rental equipment such as GPS devices, ski racks, and child seats, along with a Rent-a-Toll product for electronic toll collection.
Cinelease is the largest rental company in the United States specializing in lighting and grip equipment for the motion picture industry. The company provides a wide range of rental services to television, feature film, commercial, music video, and event sectors. Cinelease offers comprehensive truck packages tailored for commercials and music videos, along with an extensive inventory of grip equipment. This inventory includes essential items such as flags, stands, reflectors, mirrors, ladders, sandbags, shot bags, apple boxes, speed rails, equipment carts, hangers, scrims, and various accessories. Through its diverse offerings, Cinelease supports the production needs of various visual media projects.
Donlen has been a prominent player in the fleet management industry since 1965, offering a wide array of integrated financing and asset management solutions. The company provides comprehensive services designed to allow clients to concentrate on their core operations. These services include vehicle leasing, maintenance and registration, supplier negotiations, vehicle acquisitions, insurance, accident management, and vehicle disposal. Additionally, Donlen offers fleet and contract management services, supporting businesses in optimizing their fleet operations while enhancing efficiency and reducing costs. Through its innovative approach, Donlen continues to meet the evolving needs of its clients in the fleet management sector.
Automoti Group, Inc. is an online marketplace based in Whippany, New Jersey, that enables consumers to purchase used cars at discounted prices. The company focuses on providing a direct buying experience for customers, ensuring access to a variety of vehicles at competitive rates. Automoti Group operates as a subsidiary of Hertz Global Holdings, enhancing its capabilities within the automotive market.
Advantage Rent A Car, founded in 1963, is a prominent rental car company in the United States, operating 44 locations nationwide. Acquired by The Catalyst Capital Group Inc. in 2014, Advantage has since revamped its brand and fleet, featuring one of the industry's youngest and most diverse selections of vehicles, including economy cars, SUVs, and minivans. The company caters to a wide range of customers, including business, leisure, government, and local clients, providing affordable rental options. Recently, Advantage introduced a business customer program called Advantage for Business, which offers a flat pricing structure and additional benefits for frequent travelers.
Eileo is a prominent provider of car-sharing technology that caters to corporations, retailers, and individual customers. The company specializes in car and equipment rental services, offering a user-friendly online platform for car-sharing solutions. Customers can conveniently plan and book vehicles through the application, as well as view invoices and manage payments. Eileo's focus on enhancing accessibility and efficiency in car rental services positions it as a key player in the growing car-sharing market.
Clayton, Dubilier & Rice, LLC is a private equity firm founded in 1978 and headquartered in New York, with additional offices in London and the Cayman Islands. The firm specializes in buyouts, acquisitions, and growth capital financing, targeting mature and underperforming companies across various sectors, including manufacturing, healthcare, information technology, and consumer goods. It primarily invests in North America, particularly the United States and Canada, as well as Europe, focusing on countries such as the United Kingdom, Germany, and Italy. Clayton, Dubilier & Rice aims to enhance the value of its portfolio companies through operational improvements and strategic management, often targeting non-core divisions of larger corporations. The firm typically makes equity investments ranging from $100 million to $500 million, engaging in corporate carve-outs valued between $1 billion and $15 billion. Its reputation for trustworthiness and operational leadership has made it a preferred partner for corporate and family business sellers.
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