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Budget Group (acquired 1997)

1958 FOUNDED
M&A STATUS
M&A LATEST DEAL TYPE
5 FINANCING ROUNDS
Description

Provider of car rental services intended for passenger transportation. The company's rental services provide cars on sale at a lower price than the market.

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Automotive
Primary Office
  • Parsippany-Troy Hills, NJ
  • United States

Budget Group (acquired 1997) Valuation and Funding

Deal Type Date Amount Post-Val Valuation/
EBITDA
Debt Status

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Budget Group (acquired 1997) Former Investors

Investor Name Investor Type Holding Participating Rounds Investor Since Board Seat Contact Info

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Budget Group (acquired 1997) Executive Team (3)

Name Title Board
Seat
Contact
Info
Morris Belzberg Chief Executive Officer & President
Jules Lederer Co-Founder

1 Former Executive

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