Hertz
PE-OwnedCarlyle 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.
0
locations tracked
Ownership Information
Hertz is owned by The Carlyle Group. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
1918
Hertz founded
2005
Acquired by The Carlyle Group for $15B
Community Reviews
Share your experience →Tracked Locations
Location data coming soon.