Hertz is the largest car rental enterprise in the USA. The company was founded in 1918, when Walter L. Jacobs opened in Chicago a car rental business. Later, Jacobs sold its business to John D. Hertz and he made it a subsidiary of his own company. Nowadays, Hertz is present in around 150 countries around the world. Originally, its headquarters were located in Park Ride, New Jersey, but in 2013 it was announced that the company would relocate them to the Fort Myers, FL area.
Hertz has over 29.000 employees working in its three divisions: Hertz Equipment Rental Corporation, Hertz Car Sales and Hertz on Demand. Besides, it has a subsidiary: Donlen Corporation.