Commitment to Innovation and Growth Makes FY2018 Another Record-Breaking Year for World's Largest Car Rental Operator

ST. LOUIS, Oct. 23, 2018 /PRNewswire/ -- As the industry's most innovative – and the world's largest – car rental operator, Enterprise Holdings Inc. just scored another record-breaking fiscal year (FY2018) with more revenues, transactions, vehicles, locations, investments and customer miles logged than ever before. 

During FY2018, Enterprise Holdings – together with its affiliate Enterprise Fleet Management – increased annual revenues 8 percent to $24.1 billion. Total transactions exceeded 72 million for Enterprise Holdings' portfolio of car rental brands: Enterprise Rent-A-Car,  National Car Rental and Alamo Rent A Car. Global fleet size grew to 2 million. In addition, Enterprise Holdings' fully staffed neighborhood and airport locations, which increased to more than 10,000, facilitated more than 30 billion miles logged by customers worldwide.

Strategic Acquisitions & Investments

Enterprise Holdings' acquisition and corporate venture-capital strategy continues to focus on technologies and business models that not only can accelerate industry-leading transportation solutions, but also customer satisfaction in a rapidly changing marketplace.

In 2007, Enterprise purchased the National and Alamo brands – its largest acquisition to date – and significantly increased its airport presence and global travel industry leadership. Since 2008, Enterprise has spent almost $2.4 billion making acquisitions and corporate-venture capital investments or commitments in the U.S., Canada, the U.K., France, Ireland, Spain, Brazil and China. Acquisitions include car rental companies, carshare operations, technology platforms and franchises.

Enterprise Holdings currently makes capital investments or commitments through its wholly owned entity, Clayton Venture Partners, which invests in post-revenue companies that have proven business models and an emphasis on emerging transportation technology and mobility. During FY2018, Enterprise Holdings completed new investments in Mobi, a human-centric real-time routing, assessment and planning technology company; and Migo, a multi-modal ground transportation metasearch app; as well as others that have yet to be announced.