Already one of the UK’s largest ‘car sharing’ providers to the public sector under the Enterprise CarShare brand, the acquisition, for an undisclosed sum, strengthens Enterprise’s position as a leading player in the UK’s sharing economy.
Enterprise CarShare is currently operational across public sector organisations throughout the UK. With City Car Club being aimed at private and corporate renters, Enterprise will utilise the acquisition to support demand for car sharing and mobility services amongst businesses as well as for leisure motoring.
The agreement covers all of City Car Club’s assets, including its 800+ vehicles, 45 employees and 30,000 members. Its vehicles are available to members 24 hours-a-day, seven-days-a-week in 17 cities around the UK.
In the immediate short-term, the Enterprise CarShare and City Car Club businesses will continue to operate as two separate brands, with a view to creating a combined entity in the future.
Enterprise vice-president, Brian Swallow, said: “This is an exciting time for mobility businesses such as Enterprise. We see the acquisition of City Car Club as a way of extending our service to business and private motorists looking for flexible travel options.
“As a privately owned business City Car Club already shares many of our values – in particular, our enthusiasm for innovation that genuinely drives customer service and delivers against customer needs. City Car Club even uses the same type of in-car technology as Enterprise CarShare.