KT Rental

Largest player in the fast-growing Korean car rental industry

#1 Player with a 21%

market share

KT Rental is the largest car rental company in Korea, with over 61,200 rental cars in operation. The Company is the dominant leader with a 21% market share in an industry that has grown at a CAGR of over 20% since 2004. KT Rental is Hertz Rent-a-car’s exclusive Korean partner and rents cars to corporate and individual customers through 140 branches and sales offices nationwide, covering all the major cities and tourist destinations in Korea. MBK Partners sold its stake in the Company to KT in July 2012.

  • Seoul,


  • MBK
    Partners II


  • March

    Investment Date

  • July

    Exit Date