Verra Mobility loses major client as Avis Budget Group ends contract

Go back to Verra Mobility loses major client as Avis Budget Group ends contract

Verra Mobility Receives Termination of Agreement Notice From Avis Budget Group

May 26, 2026 4:05 PM EDT

Taking immediate actions to reduce costs, adapt operations, and position the business for continued growth and future opportunities

Provides revised 2026 full-year outlook

MESA, Ariz., May 26, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it received a termination notice from Avis Budget Group regarding its contract with Verra Mobility, effective September... More