CRS Announces Financing Seminar

For the first time, the Car Rental Show is pleased to announce Scott White, senior managing director and head of investment banking at C.L. King & Associates, as a speaker. White's seminar, "How to Explain Car Rental to Banks and Investors," will take place on Wednesday, March 9 at 2:45 pm.


White's seminar will reveal the arguments and explanations he's used successfully with global banks, private equity firms, institutional investors and Wall Street analysts in car rental's biggest mergers, acquisitions and financing deals.


White executed the IPO of Team Rental Group in 1994 and then oversaw the acquisitions of Budget Rent a Car, Ryder Truck Rental, Premier Car Rental and Cruise America while at Budget Group, the successor to Team Rental. In the early 2000s, he advised Avis on the acquisition of Budget and on the sale of PHH Europe. In the mid-2000s, he advised a consortium of large private equity firms in the Hertz auction and in the Europcar auction. White has also worked on many capital raising deals for major car rental companies.


"The challenge for car rental operators is to address common misunderstandings banks and investors may have about the industry," says White. "With the right information, they'd understand that car rental is great business."


"We always tackle the ever-important topics of funding and financing at the Car Rental Show, but Scott White presents a new and exciting perspective," said Chris Brown, editor of Auto Rental News. "While this is a high-level analysis of the issues, White will present invaluable information that car rental operators can bring to the table on a local level."


The Car Rental Show will take place March 8-9, 2011 at the Las Vegas Hilton.

Comment On This Story

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

Trends Moving the Truck Market

Storylines that emerged from the 2018 Work Truck Show include the increasing need for on-site productivity, inclusion of active safety systems in trucks, DPF frustrations affecting product decisions, data management, and the growing link between fleet management and company revenue.

MIT Study Reinforces the Newfound Importance of Fleet

Uber and Lyft drivers make far less when factoring vehicle expenses, though the actual numbers are now in dispute. A proper lifecycle cost analysis would’ve helped, and shows the benefit of collaboration with fleet professionals.

What a Connected Fleet Means to Avis (and Car Rental)

Counter bypass is just the beginning. The promise of a “data-driven ecosystem” that connects renters with the rental agency, retail services, and even the city is a better managed fleet, an improved user experience, and new revenue opportunities during the rental itself.

Job Finder: Access Top Talent. Fill Key Positions.