Mirkin was joined in 1959 by Julius Lederer and together, they built the company internationally.

The company was eventually acquired by Transamerica Corporation, and then sold in 1986 in a leveraged buyout by Gibbons, Green and van Amerongen Ltd., along with management (led by CEO Clifton E. Haley) and selected investors.

In 2002, Budget filed for bankruptcy and was later sold to the Cendant Corporation, which also owned Avis.

In 2006, following the Travelport sale, Cendant, now composed solely of its vehicle rental services businesses, renamed itself Avis Budget Group.

[1] Beginning in April 2011, television actress Wendie Malick of Hot in Cleveland became the spokesperson in a series of television and online ads that offer special, limited-time, discount offers.