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Advantage Rent A Car, a portfolio company of funds managed by the Catalyst Capital Group Inc., has completed its purchase of E-Z Rent-A-Car Group Holding, LLC.
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The officers of the new combined company expound on integration plans, growth strategy and parent company Catalyst's role.
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Advantage Rent A Car announced today that it has entered into a definitive agreement to purchase E-Z Rent-A-Car Group Holding LLC. The parties expect to complete the transaction in the second quarter of 2015.
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Bill Plamondon, Advantage Rent A Car's president, reveals specifics on the company's new training approach, new business and loyalty programs, fleet procurement and growth opportunities.
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As 2014 comes to an end, take a look back at the 10 most-read news stories on the Auto Rental News website.
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Advantage Rent A Car is partnering with LMO Advertising to transform its business model and advance sales and customer loyalty. This transformation includes employee service training, a new vehicle fleet and a new nationwide flat-rate program for business travelers.
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Franchise Services of North America (FSNA) has reported a net loss of $39,036,516 for the fiscal year that ended Sept. 30, 2013.
Read More →The U.S. Federal Trade Commission has announced its approval of the sale of 12 Advantage Rent A Car locations to Avis Budget Car Rental LLC and 10 locations to The Hertz Corp.
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Catalyst Capital Group has confirmed that it will assume 41 U.S. airport concession agreements used in the Advantage Rent A Car business from Simply Wheelz and Franchise Services of North America Inc. In addition, Avis Budget and The Hertz Corp. have been selected as bidders for 22 U.S. Advantage airport locations.
Read More →After failing to file its audited annual financial statements and interim financial report, Franchise Services of America Inc. was issued a cease trade order by the Alberta Securities Commission on April 1.
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