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Announced

Completed

Enterprise Holdings completed the acquisition of Discount Car and Truck Rentals.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

car and truck rentals

Majority

Acquisition

Rental Services: Consumer

Single Bidder

Canada

Private

Friendly

Synopsis

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Enterprise Holdings, an owner of rental services companies Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car, completed the acquisition of Discount Car and Truck Rentals, a Canadian car and truck rental company serving customers across Canada. Financial terms were not disclosed. “We are excited about and encouraged by the long-term opportunities for diversification and innovation this acquisition brings. Through a broader fleet of cars and trucks of all sizes and an expanded portfolio of services – from airport service car rentals to neighborhood leisure and moving truck rentals – the acquisition allows us to enhance our ability to meet the unique mobility needs of Canadian customers and offer more efficient service," Steven Tudela, Enterprise Holdings Senior Vice President of Canadian Operations.

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