Stratrix
On the Record · Avis Budget Group

Avis Budget Group acquisitions, on the record

The businesses Avis Budget Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
a licensee in North America (June 2023)
Word for word“In June 2023, we completed the acquisition of a licensee in North America for approximately $ 14 million, plus approximately $ 20 million for acquired fleet.” 10-K for 2023
acquisitionIn June 2023approximately $ 14 million, plus approximately $ 20 million for acquired fleet
McNicoll Vehicle Hire
Word for word“In September 2023, we completed the acquisition of McNicoll Vehicle Hire, a vehicle rental company in Scotland specializing in van and car rentals, for approximately $ 17 million, net of acquired cash.” 10-K for 2023
acquisitionIn September 2023approximately $ 17 million, net of acquired cash
a licensee in North America (October 2023)
Word for word“In October 2023, we completed the acquisition of a licensee in North America for approximately $ 10 million, plus approximately $ 4 million for acquired fleet.” 10-K for 2023
acquisitionIn October 2023approximately $ 10 million, plus approximately $ 4 million for acquired fleet
operations in the United States Virgin Islands
Word for word“In February 2022, we completed the sale of our operations in the United States Virgin Islands for $ 13 million, for the right to operate the Avis brand.” 10-K for 2023
agreed divestitureIn February 2022$ 13 million
operations in the Netherlands (sold to Spuigroep B.V.)
Word for word“In March 2022, we completed the sale of our operations in the Netherlands for $ 15 million, subject to working capital adjustments, for the right to operate the Avis and Budget brands.” 10-K for 2023
divestitureIn March 2022$ 15 million, subject to working capital adjustments
operation in Argentina (sold to Urbiz S.A.)
Word for word“In May 2021, we completed the sale of our operation in Argentina to Urbiz S.A. for $ 4 million.” 10-K for 2023
divestitureIn May 2021$ 4 million
a licensee in North America
Word for word“In June 2023, we completed the acquisition of a licensee in North America for approximately $ 14 million, plus approximately $ 20 million for acquired fleet.” 10-K for 2024
acquisitionJune 2023approximately $ 14 million, plus approximately $ 20 million for acquired fleet
a second licensee in North America
Word for word“In October 2023, we completed the acquisition of a second licensee in North America for approximately $ 10 million, plus approximately $ 4 million for acquired fleet.” 10-K for 2024
acquisitionOctober 2023approximately $ 10 million, plus approximately $ 4 million for acquired fleet
our operations in the United States Virgin Islands
Word for word“In February 2022, we completed the sale of our operations in the United States Virgin Islands for $ 13 million, for the right to operate the Avis brand.” 10-K for 2024
divestitureFebruary 2022$ 13 million
our operations in the Netherlands
Word for word“In March 2022, we completed the sale of our operations in the Netherlands for $ 15 million, for the right to operate the Avis and Budget brands.” 10-K for 2024
divestitureMarch 2022$ 15 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$55 million$25 million
2017-12-31$21 million$5 million
2018-12-31$91 million$54 million
2019-12-31$77 million$21 million
2020-12-31$69 million—
2021-12-31$46 million—
2023-12-31—$10 million
2024-12-31—$2 million

Deal filings since 2016

Read from Avis Budget Group’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.