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Our Factsheet
Growing the business since 1958
In Summary: Day after day, Budget employees and operators at approximately 2,700 locations in more than 120 countries help support our vision, mission and values.
Quick History
Budget Rent A Car was founded by Morris Mirkin in 1958 with a $24,000 investment. The company name was chosen to appeal to the “budget-minded” or “value-conscious” renter. In 1959, in an effort to grow the business, Mirkin appealed to a distant relative, Jules Lederer, president of a Chicago-based manufacturer of writing instruments, for additional financing. Lederer formed a leasing company and leased new vehicles to Mirkin. In 1960, Lederer formed Budget Rent A Car Corporation in Chicago. The company then grew rapidly, both nationally and internationally.
In 1986, Gibbons, Green and van Amerongen Ltd. along with management and selected investors purchased Budget from Transamerica Corp. in a LBO transaction. Budget made an initial public offering of 3.2 million shares in 1987.
In 1992, Budget moved downtown Chicago headquarters to Lisle, Ill.
In April 1997, Budget was bought by Team Rental Group, Budget’s largest franchisee in the United States and changed its name to Budget Group, Inc. Budget Group began trading on the NYSE that year.
In 1997, Budget unveiled “Unlimited Budget” a travel agent loyalty program through which members receive a free Unlimited Budget debit MasterCard card and earn points (dollars) for completed bookings.
In 1998, Budget introduced “Fastbreak,” Budget’s express service with paperless transaction.
In 2002, Budget Group was delisted from the NYSE and sold Budget Rent A Car assets in the United States, Canada, Latin America, Caribbean, Australia and New Zealand to Cendant Corporation. Other worldwide assets were sold to Avis Europe, Plc. Later, Cendant moved Budget headquarters from Lisle, Ill. to Parsippany, N.J.
In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. As a result, Budget Rent A Car System, Inc. is now a subsidiary of Avis Budget Group.
In 2011, Avis Budget Group, Inc. acquired Avis Europe plc. The transaction re-unites Avis Budget Group with its licensee for Europe, the Middle East, Africa and Asia.
About this location:
Location
Cityview Center
Additional Travel Information
Bryant Irvin Road Fort Worth is the Budget Rent a Car location where you can find a wide variety of comfortable vehicles that will take you wherever you want to go in this fascinating part of Texas. Bryant Irvin Road is located close to major roads such as SW Loop 820, as well as popular hotels and restaurants. Every family’s needs are a little different when it comes to rental cars. You may prefer a compact economy car, a mid-sized sedan, a fuel-efficient hybrid or a full sized car or SUV. No matter which make and model you choose, you can be sure that the car you rent from Budget car rental Bryant Irvin Road will be comfortable, reliable and full of amenities that include climate control, stereo, power brakes, remote keyless entry and more.After selecting your vehicle from Budget Bryant Irvin Road, take the time to visit the attractions that the area is known for, such as the Kimbell Art Museum, designed by the renowned architect Louis Kahn. Another superb family destination is the Fort Worth Zoo that features a large assortment of animals, exhibits and special events. For the best in shopping, dining and live entertainment, visit Sundance Square, named after the famous movie “Butch Cassidy and the Sundance Kid.” A vehicle from Budget Rent a Car Bryant Irvin Road will allow you to visit these and many other local attractions. For the best Fort Worth rental car deal, come to Budget and find the perfect vehicle that will allow you to enjoy this historic city at your convenience.
Additional Location Information
Select from a wide variety of vehicles at Budget Cityview Center, check out the latest Cityview Center Car Rental Deals, and be confident that you are getting the best rental rates in Texas !
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