The Online Investor
Travel & Entertainment M&A image Travel & Entertainment M&A » By The Online Investor Staff, updated Fri., Jun. 9, 7:47 AM Recent mergers and acquisitions in the Travel & Entertainment M&A category.

Slide #86. Franchise Services of North America Inc. Simply Wheelz, LLC

Acquirer: Franchise Services of North America Inc. (FSN.CA)
Acquiree: Simply Wheelz, LLC
Details: FRANCHISE SERVICES OF NORTH AMERICA INC. announced that it entered into an arm's length agreement on July 13, 2012 to acquire Simply Wheelz, LLC, a Delaware limited liability company and the holding company of the Advantage Rent-A-Car brand and certain other divested assets from Hertz Global Holdings, Inc.. FSNA's purchase of Advantage facilitates Hertz's $2.3 billion announced acquisition of Dollar Thrifty Automotive Group, Inc. announced yesterday.

Franchise Services of North America is engaged in the auto rental business. Co. owns two operating subsidiaries, U-Save Auto Rental of America, Inc. ("U-Save") and Practicar Systems Inc. ("Practicar"). U-Save licenses franchises to operate U-Save Auto Rental businesses in the United States and abroad. Auto Rental Resource Center provides insurance discounts and products and services to its members who operate independent vehicle rental businesses. Co. also owns a full-service insurance agency, providing insurance products to its franchisees, associates and third-party customers. Practicar licenses franchises to operate Rent-A-Wreck vehicle rental and sales businesses in Canada.

Open the FSN.CA Page at The Online Investor »

Company Name: 
Franchise Services Of North America Inc
Hotels, Lodging, Restaurants & Travel

Open the FSN.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree FSN.CA Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Travel & Entertainment M&A - Slide 86 of 87 Page |

Copyright © 1998 - 2023, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.