Enterprise Holdings Acquires Raleigh-based Triangle Rent A Car

ST. LOUIS, Feb. 13, 2015 /PRNewswire/ -- Enterprise Holdings, which owns and operates the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands, today announced it has acquired the Triangle Rent A Car business, based in Raleigh, N.C. The purchase includes the Triangle brand, locations, websites and a majority of its fleet, including its van and truck rental business.

Triangle Rent A Car's 29 branch offices located across Georgia, North Carolina, South Carolina and Virginia will immediately transition to one of the Enterprise Holdings' brand locations.

"Triangle Rent A Car's reputation for taking excellent care of its customers closely aligns with Enterprise's commitment to superior customer service," said Brice Adamson, senior vice president at Enterprise Holdings. "This acquisition is an opportunity to provide even better service to our customers in the Southeast, where the demand for reliable, cost-effective transportation solutions continues to grow."

Enterprise Holdings' goal is to retain the approximately 300 full- and part-time Triangle Rent A Car employees.

The acquisition supports the expansion of Enterprise Holdings' branch network in the Southeast. With more than 6,000 fully staffed neighborhood and airport offices – Enterprise Holdings' diverse brand portfolio is located within 15 miles of 90 percent of the U.S. population. This unique car rental network provides consumers, businesses and government agencies unmatched accessibility and affordability in meeting their local mobility needs.

"As family-owned companies, Enterprise Holdings and Triangle Rent A Car share many of the same values, including our customer service philosophies," said Frank Colonna, president of Triangle Rent A Car. "Given Enterprise's vast resources and strong focus on putting the customer first, I'm confident that our loyal customers, employees and business partners are in good hands with Enterprise."

For more information about Enterprise Holdings, visit www.enterpriseholdings.com.

About Enterprise Holdings

Enterprise Holdings, the largest car rental company in the world as measured by revenue, fleet and employees, and its affiliate Enterprise Fleet Management together offer a total transportation solution. Combined, these businesses – which include extensive car rental and car-sharing services, commercial truck rental, corporate fleet management and retail car sales – accounted for $17.8 billion in revenue, employed 83,000 and operated 1.5 million vehicles throughout the world in fiscal year 2014. Enterprise Holdings, through its regional subsidiaries, operates the largest fleet of vehicles in the world through a global network of more than 8,600 neighborhood and airport locations under the Enterprise Rent-A-Car, National Car Rental and Alamo Rent A Car brands. Enterprise Fleet Management provides full-service fleet management to companies and organizations with medium-sized fleets. Other transportation services marketed under the Enterprise brand name include Enterprise CarShare, Enterprise Rideshare, Enterprise Car Sales, Enterprise Commercial Trucks and Zimride by Enterprise.

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SOURCE Enterprise Holdings

Related Links

http://www.enterpriseholdings.com

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