If you've ever said, "Don't worry about it, it's just a rental," guess who hurts: Hertz Global Holdings, one of the world's leading car rental companies. On its own and through agents and licensees, Hertz operates about 8,000 rental locations, including more than 1,500 at US airports, in 145 countries worldwide. The company's fleet includes more than 500,000 cars from Ford, General Motors, Toyota, and other manufacturers. Car rental accounts for about 80% of the company's sales. Hertz also rents a variety of heavy equipment through some 375 locations in North America and Europe. Investment firms Clayton Dubilier & Rice, The Carlyle Group, and Merrill Lynch Global Private Equity own some 55% of Hertz.
Sector: Services
Industry: Diversified Services