Centauro is one of the leading off-airport rent-a- car operators in airports.
Type of Operation
Buyout
Fund
Portobello Fund III
Investment date
May 2017 / Exit date: Jul 2019
Activity
Rent-a-car operator
Centauro operates through fifteen branches located in key tourism destinations in the Mediterranean and Portuguese coast.
The company manages a fleet of over 18,000 vehicles. In 2016, it reached €66m. Centauro works closely with relevant international automakers and focuses on the quality and price of its service.
Why did we invest in Centauro?
- Build a leading operator in the off-airport niche in Southern Europe
- Organic expansion
- Consolidation of a fragmented space
- Enter new countries
- Best-in- class CEO: Mr. Devesa has an extensive experience in the sector and has a clear growth strategy
