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NewsJanuary 19, 2016

Union Leasing Acquires Walser Leasing and Fleet Services

The sale did not include Walser Specialized Services, which provides acquisition services to car rental companies and commercial fleets.

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NewsJune 29, 2015

Element to Acquire GE Capital's Fleet Business

Toronto-based Element Financial Corp. has entered an agreement with General Electric to acquire GE Capital's fleet business in the U.S., Mexico, Australia and New Zealand for $6.9 billion.

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NewsMarch 14, 2013

Avis Budget Group Completes Acquisition of Zipcar

Zipcar adds its 775,000 members worldwide to Avis Budget Group's network of more than 10,000 rental locations available globally from Avis and Budget.

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NewsMarch 11, 2013

Avis Budget Group Completes Funding, UK Clearance for Zipcar Acquisition

After announcing the completion of $525 million in debt financing and receiving regulatory clearance in the UK, Avis and Zipcar expect to close the merger during the week of March 11.

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NewsMarch 7, 2013

Zipcar Stockholders Approve Acquisition by Avis Budget Group

Avis Budget Group and Zipcar announced on March 7 that Zipcar stockholders voted to approve the adoption of the merger agreement with Avis Budget Group.

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NewsJanuary 2, 2013

Avis Budget Group to Acquire Zipcar

The total transaction is valued at approximately $500 million and is expected to be completed in the spring of this year.

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NewsNovember 9, 2012

Priceline to Acquire Kayak in a Transaction Valued at $1.8 Billion

The boards of directors of the Priceline Group and KAYAK have unanimously approved the transaction, which is subject to customary closing conditions, but is expected to close by late first quarter of 2013.

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NewsSeptember 10, 2012

Avis Budget Group Enters Agreement to Acquire Apex Car Rentals of New Zealand

Avis Budget Group will acquire Apex Car Rentals, including its fleet of 4,000 vehicles throughout New Zealand and Australia, for $29 million.

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NewsSeptember 10, 2012

Green Motion to Operate Under Local Car and Van Rental Limited in UK

In a new acquisition, Local Car and Van Rental Limited (LCRV) will operate the Green Motion UK Master Franchise via its subsidiary company Green Motion Car and Van Rental Limited.

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NewsAugust 14, 2012

Ecologic Transportation Enters Letter of Intent for Ace Rent A Car Acquisition

The agreement with Ace is to purchase all aspects of the business, including its reservations and management systems, in order to form a ‘pure environmental’ car rental company.

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