Fox Rent A Car Raises $25m in Funding
Summary
Backed by a veteran management team, all with proven experience in the industry, this Company is well-positioned for continued growth,” commented Anne Vazquez, NewSpring Partner.“We look forward to working with Anne and the team at NewSpring as we continue to provide value and superior service to our customers,” said Allen Rezapour, co-founder of Fox.Actively managed and owned by its founders, the organization has enjoyed robust growth and positive operating income for over twenty-five years.With 19 major airport locations across the US, Fox Rent-A-Car offers the consumer the same selection of foreign and domestic vehicles at a significant discount from the larger rental operators in the market.As the 21st century traveler becomes more discerning and cost-conscious, the Fox brand will continue to gain acceptance and a loyal following, founded on the principle of consistently offering value and superior service to the customer.