ABG

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Joseph Ferraro's photo - CEO of ABG

CEO

Joseph Ferraro

CEO Approval Rating

90/100

Founded:

1946

Status:

PublicIndependent CompanyNASDAQCAR

ABG TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Enterpriseholdings is ABG's #1 competitor. Enterpriseholdings was founded in Saint Louis, Missouri} in 1957. Enterpriseholdings operates in the Road Transportation industry. Compared to ABG, Enterpriseholdings generates $17.5B more revenue.

Hertz is one of ABG's top competitors. Hertz was founded in 1918 in Estero, Florida. Hertz operates in the Rental Services industry. Hertz generates $397M less revenue than ABG.

Europcar is a top competitor of ABG. Europcar was founded in 1949, and is headquartered in Voisins-le-Bretonneux, Île-de-France. Like ABG, Europcar also competes in the Automobile Dealers, Service providers, Online Platforms industry. Europcar generates $2.9B less revenue vs. ABG.

ABG Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5B

ABG's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 5.6B. Over the last four quarters, ABG's revenue has grown by 80.5%. Specifically, in Q1 2021's revenue was $1.4B; in Q4 2020, it was $1.4B; in Q3 2020, it was $1.5B; in Q2 2020, ABG's revenue was $760M.

ABG Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Turiscar Group

Oct 2018

Source »
undisclosed
Turiscar is an online platform that allows users to search and book cars and vans for rent.
Morini Rent Noleggio Auto E Furgoni

Jul 2018

Source »
undisclosed
-
France Cars

Sep 2016

Source »
undisclosed
France Cars is an online marketplace that allows users to find and book for car rental services.
Maggiore

Mar 2015

Source »
$170M
Maggiore Rent provides short and medium term car rental services.
Zipcar, Inc.

Jan 2013

Source »
$500M
Zipcar is car-sharing network that provides on-demand access to cars by the hour or the day in cities and campuses around the globe.

ABG Funding History

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2018
$750M
-
Equity
Feb 2001
$150M
-

ABG Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Otonomo is a car data marketplace that enables the sharing of vehicle data between auto manufacturers and mobile application developers.
$46M
Apr 28, 2020
Series C
-

ABG News

ABG Press Releases

ABG Videos

Social Media

ABG Headquarters

6 Sylvan Way Parsippany

Parsippany, New Jersey07054

973-496-1040

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ABG Summary

ABOUT

Overview

Avis Budget Group is a provider of vehicle sharing and car rental services for the commercial sector. ABG was founded in 1946. ABG's headquarters is located in Parsippany, New Jersey, USA 07054. It has raised 900.0M in 2 rounds. The latest round was i...

CEO

ABG's CEO, Joseph Ferraro, currently has an approval rating of 90%. ABG's primary competitors are Enterpriseholdings, Hertz & Europcar.

Frequently Asked Questions about ABG

  1. When was ABG founded?

    ABG was founded in 1946
  2. Who is ABG's CEO?

    ABG's CEO is Joseph Ferraro
  3. How much revenue does ABG generate?

    ABG generates $5B in revenue
  4. How much funding does ABG have?

    ABG has historically raised $900M in funding
  5. Where is ABG's headquarters?

    ABG's headquarters is in Parsippany New Jersey, USA
  1. How many employees does ABG have?

    ABG has 30,000 employees
  2. What sector does ABG operate in?

    ABG is in Automobile Dealers, Service providers, Online Platforms
  3. Who are ABG's competitors?

    ABG's top competitors are Enterpriseholdings, Hertz, Europcar
  4. Who has ABG invested in?

    ABG's has invested in companies such as otonomo