Hertz
Carlyle Group, Clayton Dubilier & Rice, and Merrill Lynch PE took Hertz private from Ford for $15B in 2005. The highly leveraged deal contributed to Hertz's 2020 bankruptcy — one of the largest in U.S. history — with $19B in debt. Emerged from bankruptcy in 2021.
- FOUNDED
- 1918
- ACQUIRED
- The Carlyle Group, 2005, $15B
- WEB
- hertz.com
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Editorial Record
maintained by DeathbyPE. Every claim links to a public source.Timeline
1918
Hertz founded
2005
Acquired by The Carlyle Group for $15B
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