Exit Options for John Hancock Bond and Corporate Finance Group: Hanover Communications In... - 28 Strategic Investors
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United States of America
More than 50%, 100%
Strategic, Financial
Strategic reasons
US$ 25M
US$ 14M
Advisor
Yes
US-based Multi-brand Automobile Franchisee Company with revenue of $25Mn and EBITDA of $14Mn.The rental franchisee is strategically located in a destination highly sought after by tourists and business travelers. Carries include Automobiles, SUVs, Minivans, and Light-duty trucks. It has a strategic brand partnership with airlines, hotels, travel agencies, and automobile associations. 85% of bookings are generated by internationally renowned franchises’ corporate agreements in place. It owns 3/9 car rental counters at the largest and busiest airport in the state.