We have been looking at Hertz for more than three years and believe it fits squarely within our investment strategy a complex corporate divestiture of a market-leading business with a powerful franchise and opportunities for profitable growth.
I think there's no doubt at the end of the day that this was a win-win-win transaction. It demonstrates the power of private equity in helping corporations restructure their balance sheets.
It demonstrates the power of private equity in helping corporations restructure their balance sheets.