Vanguard Automotive Group
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Vanguard Automotive Group was a vehicle rental company based in
Tulsa, Oklahoma Tulsa ( ) is the List of municipalities in Oklahoma, second-most-populous city in the U.S. state, state of Oklahoma, after Oklahoma City, and the List of United States cities by population, 48th-most-populous city in the United States. The po ...
, USA. Vanguard purchased ANC Rental, owner of
National Car Rental National Car Rental is a private American rental car agency based in Clayton, Missouri, United States. National is owned by Enterprise Holdings, along with other agencies including Enterprise Rent-A-Car, and Alamo Rent a Car. National typically c ...
and
Alamo Rent A Car Alamo Rent a Car is a rental car agency based in Clayton, Missouri, United States. The company has branches across North America, South America, Africa, Europe, Asia, Australia and Oceania. Alamo is owned by Enterprise Holdings, along with ot ...
. It had a fleet of nearly 300,000 vehicles, mainly from Ford and
Chrysler FCA US, LLC, Trade name, doing business as Stellantis North America and known historically as Chrysler ( ), is one of the "Big Three (automobile manufacturers), Big Three" automobile manufacturers in the United States, headquartered in Auburn H ...
, and operated in over 1,500 locations. In 2007, Enterprise agreed to purchase a controlling share in the company from
Cerberus Capital Management Cerberus Capital Management, L.P. is an American global alternative investment firm with assets across credit, private equity, and real estate strategies.Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Qua ...
. A sale to rival
Enterprise Rent-A-Car Enterprise Rent-A-Car is an American car rental agency headquartered in Clayton, Missouri, in Greater St. Louis. Enterprise is the flagship brand of Enterprise Holdings, which also owns other agencies including Alamo Rent a Car and National ...
was completed on August 1, 2007, making the combined Enterprise-Alamo-National the largest US car rental operation, ahead of The Hertz Corporation and Avis Budget Group.


References

Companies based in Tulsa, Oklahoma Private equity portfolio companies Enterprise Holdings 2007 mergers and acquisitions Defunct companies based in Oklahoma {{Oklahoma-stub