Case study Example | Topics and Well Written Essays - 1000 words - 3

Case Study Example Hertz offer fantastic customer experience in providing best cars and comfort as par as the car hire is concern. The combination of great brand value and the potential financial efficiencies made the Hertz one of the most profitable business leaders in the business. Hertz business was matured and profitable enough to be acquired. The initiative from the CD& R financial partners David Wasserman, Micheal Baiarz and Nathan Sleeper on a capital structure which would have lowered the Hertz capital cost was really beneficial for CD&R. The Hertz was a potential investment opportunity as Hertz business was mature and competitive in all the countries where they had their business fleets. The CD&R’s Consortium is well-known as CCM which includes the Carlyle Group and Merrill Lynch Global Private equity; both of them are the most dominating companies in the business scenario. On August 30th the CCM submitted its final bid of five point four billion dollars including a request that Ford make a certain tax election which would step up the tax basis of Hertz asset. However, there were some several companies who had submitted the final bid on the same date and among them one is the private equity consortium, composed of Bain Capital, The Blackstone Group, Thomas H. Lee Partners and Texas pacific