Despite Buyout Skeptics, Hertz Is on a Roll

be on a roll INFORMAL
to be having a successful or lucky period:
Pippa won five games in a row and it was obvious she was on a roll.

Despite Buyout Skeptics, Hertz Is on a Roll

With Hertz's shares up 43 percent since its initial public offering, the car-rental company now looks as if it was not necessarily the model of the big, bad buyout that its fiercest critics had suggested.

Its private equity owners looked at the business with fresh eyes and made a number of changes that improved operating performance. By streamlining how the company cleaned and refueled vehicles, they doubled the number of cars that could be processed every hour and re-rented.

Still, it is unclear whether Hertz is the exception or the rule of the recent buyout boom.

Go to Article from The New York Times»