Enterprise Buys Phoenix-Based Licensee

The Taylor Family of St. Louis, which owns the National Car Rental and Alamo Rent A Car businesses, has purchased Phoenix-based Steward Ventures, Inc., the companies reports.

Privately held Steward Ventures was the largest single U.S. licensee of the National and Alamo brands in terms of revenue and fleet size. Financial terms of the transaction have not been disclosed.

Steward Ventures operated at four airport rental locations: Phoenix Sky Harbor Airport, Scottsdale Municipal Airport, Phoenix-Mesa-Gateway Airport and Mesa Falcon Field. In addition, it operated four other locations throughout the Phoenix metropolitan area – the third largest car rental market in the United States. The operation was founded in 1946 and has a staff of approximately 300 employees.

Steward also was the second National and Alamo licensee to be purchased by the Taylor Family this month. On Feb. 8, the Taylors acquired Eatman Leasing, a licensee which operated in Wilmington, Jacksonville, Newbern and Rocky Mount, N.C.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Five Business Model Trends for 2017

As new forms of mobility take flight, the borders with traditional car rental are starting to erode.

Are Commercial Drone Deliveries Eminent in the U.S.?

Amazon just delivered its first package by drone in England. Will U.S. delivery fleets be able to take advantage soon?

Autonomous Vehicles and the Changing Role of the Fleet Manager

With fewer drivers and substantially longer fleet lifecycles, fleet managers will pivot to new job functions.

Job Finder: Access Top Talent. Fill Key Positions.