Vanguard Automotive Group
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Vanguard Automotive Group was a vehicle rental company based in
Tulsa, Oklahoma Tulsa () is the second-largest city in the state of Oklahoma and 47th-most populous city in the United States. The population was 413,066 as of the 2020 census. It is the principal municipality of the Tulsa Metropolitan Area, a region with ...
, USA. Vanguard purchased
ANC Rental ANC Rental Corporation (“ANC Rental”) was a Delaware corporation, created in October 1999 by AutoNation, Inc. as a wholly owned subsidiary. The company owned Alamo Rent A Car, National Car Rental, CarTemps and was a 2000 AutoNation spin-of ...
, 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 other ...
. It had a fleet of nearly 300,000 vehicles, mainly from
Ford Ford commonly refers to: * Ford Motor Company, an automobile manufacturer founded by Henry Ford * Ford (crossing), a shallow crossing on a river Ford may also refer to: Ford Motor Company * Henry Ford, founder of the Ford Motor Company * Ford F ...
and
Chrysler Stellantis North America (officially FCA US and formerly Chrysler ()) is one of the " Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automoti ...
, 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 private equity firm,Leaders Magazine"Providing Economic Opportunity: An Interview with The Honorable Dan Quayle, Chairman, Cerberus Global Investments, LLC". specializing in distressed investing. ...
. 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 Car ...
was completed on August 1, 2007, making the combined Enterprise-Alamo-National the largest US car rental operation, ahead of The
Hertz Corporation The Hertz Corporation is an American car rental company based in Estero, Florida. The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental. It is one of the three big ren ...
and
Avis Budget Group Avis Budget Group is American car rental agency holding company headquartered in Parsippany, New Jersey. It is the parent company of several brands including Avis Car Rental, Budget Rent a Car, Budget Truck Rental, Payless Car Rental and Zipcar. ...
.


References

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