Avis Budget Group in Parsippany announced on July 15 it paid $50 million cash for Payless Car Rental of St. Petersburg, Fla. Both are car-rental companies.

N.J. Insurance Agencies Acquired

Insurance provider Donald F. LaPenna Associates in Clark announced on July 17 that subsidiaries The Insurance Centers in Clark and Ironbound Business Insurance Agency in Newark have been acquired by insurance brokerage firm AssuredPartners of Lake Mary, Fla.

Vention Acquires RiverTech