The combined CARSTAR business accounts for … With this acquisition, Driven Brands Car Wash US grows to 8 locations in North Carolina since entering the state in 2019. April 21, 2020—On Tuesday, Driven Brands announced its acquisition of Fix Auto USA and Auto Center Auto Body, Inc. The Charlotte-based company filed an initial public-offering (IPO) declaration on … About Driven Brands Car Wash . Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Lube Stop, founded in 1985, was on an acquisition spree of its own until this deal, most … About Driven Brands Car Wash. A. Montreal (Quebec), April 22, 2020 – Mondofix Inc., (Fix Network World) the owner of the Fix Auto trademark and design in the United States and globally, was disappointed and alarmed to read the announcement on April 21, 2020 that Driven Brands has acquired Fix Auto USA (FUSA), and that FUSA intends to retain the use of the Fix Auto brand in the United States post-acquisition. Driven Brands entered the car wash industry in 2020 with the acquisition … In December 2011, Harvest purchased Driven. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 US venues. According to the company, the move adds 240 physical service locations, over 330 mobile locations, 22 distribution centers, and a claims management platform to the Driven Brands portfolio. About Driven Brands Car Wash . About Driven Brands Car Wash. About Driven Brands Car Wash. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. The move adds 240 physical service locations, over 330 mobile locations, 22 … About Driven Brands Car Wash. This acquisition further strengthens Driven Brands’ network of washes in the Dallas-Fort Worth Metroplex, which has grown to 12 locations. Investment Thesis. Driven Brands Announces Acquisition of Advance Kwik Lube. Driven Brands Announces Acquisition of Fix Auto USA Collision Repair Franchisor and Auto Center Auto Body Franchise operator adds 150 franchise collision repair centers to its network and 10 company owned stores. CARSTAR Canada marks the third acquisition for Driven Brands since it was acquired by Roark Capital earlier this year, expanding the brands’ footprint to more than 2,200 franchise locations in the U.S. and Canada. LOS ANGELES (April 23, 2015) – Net Driven, a premier provider of web solutions and Internet marketing services for the automotive industry, has been acquired by Internet Brands. Driven Brands Car Wash is the world’s largest local car wash. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands entered the car wash industry in 2020 with the acquisition … Driven Brands announces acquisition of Super-Lube. In 2014, men’s apparel brand Jos. Launch of Stem’s Yerba Buena™ brand in California, its first new market for the brand. The move adds 55 franchised collision repair facilities to the collision repair portfolio of Driven Brands. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands today officially announced its acquisition of Fix Auto USA (FUSA) and Auto Center Auto Body, Inc. (ACAB). The acquisition furthers Internet Brands’ position as a leading provider of technology solutions for the automotive industry. See the full list of Driven Brands competitors, plus revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Driven Brands is headquartered in Charlotte, NC. The development follows Driven Brands’ recent acquisition of CARSTAR’s operations in the United States. Driven Brands has more than 4,100 centers across 15 countries, and services over 50 million vehicles annually. Social unrest, political divisiveness, and economic uncertainty led consumers to more actively seek out and engage with brand purpose. The IPO was originally priced at a range of $17 to $20 per share before being bumped up to $22 per share but the number of shares offered were reduced. ACCO's 1Q21 results were driven by the PowerA acquisition… The ABRA acquisition is a part of Driven Brands’ continued growth in the heavy collision repair space, beginning with the acquisition of CARSTAR, which has doubled in size since its initial acquisition in 2015, according to the company. Adding CARSTAR Canada to the Driven Brands portfolio is part of the company’s overall strategy to grow through acquisitions. Driven Brands Inc. continues to expand its automotive service network with the acquisition of 48 Super-Lube locations in Florida, Wisconsin, Indiana, Illinois, and Alabama. The acquisition of Clairus is an integral part of Driven Brands’ continued growth in the automotive aftermarket industry. Driven Brands, North America’s largest automotive services company, confirmed its acquisition of Fix Auto USA (FUSA) and Auto Center Auto Body (ACAB). Take 5 Oil Change has achieved significant growth since being acquired by Driven Brands, the nation’s leading automotive franchisor, in 2016. Driven Brands Car Wash is the world’s largest local car wash. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. CHARLOTTE, N.C., — Driven Brands™, North America’s leading group of automotive aftermarket brands, today announced its acquisition of the Quebec-based Clairus Group (Clairus), a fast-growing, vertically-integrated leader in automotive glass distribution, replacement, and claims management. With this acquisition, Driven Brands Car Wash US grows to eight locations in North Carolina. Driven Brands also said it also paid off whatever, if anything, was left on a $75 million revolving line of credit opened during the car wash borrowing. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. CHARLOTTE, N.C., April 23, 2020 /PRNewswire-PRWeb/ -- Driven Brands, North America's largest automotive services company, today announced its acquisition … Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. About Driven Brands Car Wash . Driven Brands (“Driven”) announced its acquisition of International Car Wash Group (“ICWG”) has been completed. View detailed DRVN description & address. Driven Brands Car Wash operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 locations in the United States. Driven Brands Car Wash North America announced the acquisition of both Fast Trac Car Wash (Smyrna, GA) and Hometown Car Wash (Fayetteville, GA). The addition adds nearly 150 franchised and ten company collision repair locations to the Paint, Collision & Glass segment of Driven Brands. Jonathan Fitzpatrick - … Take 5 Oil Change, one of the largest quick lube operators in the nation, announced its acquisition of Super-Lube, a chain of quick lube and automotive service centers with 48 total locations in Florida, Wisconsin, Indiana, Illinois, and Alabama. Leading franchisor with highly recognizable brands; Large and growing industry ACCO Brands Corporation is headquartered in Lake Zurich, Illinois. The consensus earnings estimate was $0.06 per share on revenue of $292.3 million. The IPO set a couple of records, too, according to BofA Securities, bookrunner on the deal. Growth initiatives, including increasing share of wallet and new customer acquisition (i.e., converting existing and new franchisees from local/other suppliers to use of Driven Brands’ e-commerce) Coordinate with Driven Brands IT and e-commerce vendors to address technical issues or improvements with the e-commerce platform Driven Brands Car Wash North America announced the acquisition of Stop-N-Wash in Ardmore, Oklahoma, as it expands its network of carwashes across America, according to a press release. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Paul, Weiss advised Driven Brands on the deal. This session looked at how brand-driven transactions are structured, explored ways high performing acquirers manage acquired brands / portfolios, reviewed variations in vertical and horizontal M&A strategies and the impact on brand frameworks, discussed methods for holding and licensing acquired brands, and considered common integration missteps involving brands and their cultural identity. Bank attempted to acquire Eddie Bauer, but the acquisition was dropped when the boards of directors at Jos. Adding Carstar Canada to the Driven Brands portfolio is part of the company’s overall strategy to grow through acquisitions. Fix Auto USA and Auto Center Auto Body are headquartered in San Diego,Calif., and concentrated on the West Coast. Driven Brands Car Wash operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 locations in the United States. ... a reduction in customer acquisition costs, and improved conversion on open rates and click through rates across all marketing channels. Driven Brands Car Wash North America announced the acquisition of In & Out Car Wash in Carrollton, Texas has been completed. The Super-Lube stores will be added to Driven Brands Take 5 Oil Change quick lube network. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 US venues. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands Car Wash US announced the acquisition of Shine Factory Express Car Wash located in Greeneville, North Carolina has been completed. Driven Brands Holdings Inc. (NASDAQ:DRVN) Q4 2020 Earnings Conference Call March 10, 2021 9:00 AM ET Company Participants. Driven Brands’ recent growth hit a higher gear in late April. Buyout firm Roark Capital is considering a sale of automotive services franchiser Driven Brands Inc. for as much as $2 billion, according to people with knowledge of its plans. In addition, Harvest arranged equity co-investment capital for the transaction. Driven Brands Car Wash North America announced the acquisition of In & Out Car Wash in Carrollton, Texas has been completed. Michael Macaluso named president of Driven Brands new Collision Vertical, Dean Fisher named president of CARSTAR. With these acquisitions, Driven Brands Car … Adding CARSTAR Canada to the Driven Brands portfolio is part of the company’s overall strategy to grow through acquisitions. Director Talent Acquisition Driven Brands, Inc. Sep 2019 - Mar 2020 7 months. North Carolina-based Driven Brands, the parent company of some of North America’s leading automotive service brands, first entered the car wash business just in August 2020 with the acquisition of ICWG - with more than $3.8 billion in annual sales, ICWG acquisition instantly made Driven Brands a major player in the sector. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands is itself owned by Roark Capital. Driven Brands, the parent company of North America’s leading automotive service brands and a portfolio company of Roark Capital Group, completed its acquisition of International Car Wash Group, the global leader in the car wash industry. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 US venues. After acquiring FUSA’s 150 franchise locations and ACAB’s 10 company-owned locations, Driven Brands’ strength in numbers has never been more apparent. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Additionally, the acquisition of ACAB positions Driven to begin building its own consolidation platform.” Fix Auto USA CEO Paul Gange commented that “As a competitor to Driven Brands’ Carstar franchise, we’ve been impressed with their … CHARLOTTE, N.C. — Driven Brands, North America’s leading group of automotive aftermarket brands, today announced its acquisition of ABRA Automotive Systems LP, the franchising subsidiary of ABRA Auto Body Repair of America (‘ABRA’). Super-Lube is Driven Brands’ 25th acquisition and expands Take 5’s total footprint to 19 states. Refer to the full report for the price target, fundamental analysis, and rating. CHARLOTTE, N.C., Dec. 12, 2016 /PRNewswire/ -- Driven Brands, a portfolio company of Roark and the nation's leading automotive franchisor, today announced the acquisition … Driven Brands Car Wash is the world’s largest local car wash. Driven Brands Car Wash North America today announced the acquisition of four SuperSonic Express Car Wash locations in the Southern US. Driven Brands is focused on bringing the resources, industry expertise and national purchasing power to independent carwashes across the U.S. Take 5 Oil Change represents the 5 th acquisition for Driven Brands in the year since Roark Capital acquired the business, expanding the collective brands… Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. With these acquisitions, Driven Brands Car Wash grows to 22 locations in the state of Georgia. Santa Rosa, CA, August 2, 2017 — Driven Performance Brands (“DPB”), a company comprised of some of the top performance brands in the automotive aftermarket, today announced the acquisition of APR from Mangrove Equity Partners, LP. Waldencast Acquisition Corp. Waldencast Acquisition Corp [NASDAQ: WALDU] is a blank check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Driven Brands takes hit from acquisition in Q1 but still tops expectations. Driven Brands Announces Acquisition of ABRA Auto Body Repair of America Franchised Locations CHARLOTTE, N.C., (October 2, 2019)— Driven Brands, North America’s leading group of automotive aftermarket brands, today announced its acquisition of ABRA Automotive Systems LP, the franchising Driven Brands Holdings has filed to raise $100 million in an IPO of its common stock, according to an S-1 registration statement. Then in 2018, Golden Gate created the PSEB operating company, bringing PacSun and Eddie Bauer together under a single entity. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands Holdings Inc. raised $700 million in its initial public offering yesterday, selling almost 32 million shares, down from a planned 38 million, for $22 each. To fund the acquisition Harvest arranged the debt financing, which included senior credit facility and a mezzanine note. At the same time, COVID completely […] Launch of Driven’s delivery platform in Oregon in Q1/CY21, focusing on Stem’s owned-brands to expand its distribution footprint, as well as brands that complement the portfolio. --Driven Brands Holdings Inc. today reported financial results for the first quarter ended March 27, 2021. CARSTAR Canada marks the third acquisition for Driven Brands since it was acquired by Roark Capital earlier this year, expanding the brands’ footprint to more than 2,200 franchise locations in the U.S. and Canada. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Take 5 Oil Change, one of the largest quick lube operators in the nation, announced its acquisition of Super-Lube, a chain of quick lube and automotive service centers with 48 total locations in Florida, Wisconsin, Indiana, Illinois, and Alabama. CHARLOTTE, N.C., — Driven Brands™, North America’s leading group of automotive aftermarket brands, today announced its acquisition of the Quebec-based Clairus Group (Clairus), a fast-growing, vertically-integrated leader in automotive glass distribution, replacement, and claims management.The move adds 240 physical service locations, over 330 mobile locations, 22 distribution … Driven Brands entered the car wash industry in 2020 with the acquisition … Fix Auto USA and Auto Center Auto Body are headquartered in San Diego,Calif., and concentrated on the West Coast. Driven Brands has acquired 18 companies, including 11 in the last 5 years. About Driven Brands Car Wash . The acquisition gives Driven Brands the opportunity to create a new division called Paint & Collision, which will be led by the current Maaco Franchising, Inc., president, Jose R. Costa, and comprised of Maaco, CARSTAR, and Drive N Style. Driven Brands Car Wash US Continues Expansion in North Carolina With Shine Factory Acquisition The move adds 55 premier franchised collision repair facilities to the Collision portfolio of Driven Brands. With the addition of ICWG's 184 locations in the U.S. and 925… – Driven Brands (“Driven”) announced its acquisition of International Car Wash Group (“ICWG”) has been completed. With the addition of ICWG, Driven now encompasses more than 4,000 locations across 15 countries and approximately $3.8 billion in annual system-wide sales, making it the largest automotive aftermarket services company by location count in North America. Driven Brands entered the car wash industry in 2020 with the acquisition … The company also provided guidance above the consensus estimates. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 US venues. This acquisition further strengthens Driven Brands’ network of washes in the Dallas-Fort Worth Metroplex, which has grown to 12 locations. Launch of Driven’s delivery platform in Oregon in Q1/CY21, focusing on Stem’s owned-brands to expand its distribution footprint, as well as brands that complement the portfolio. Driven Brands Car Wash North America announced the acquisition of In & Out Car Wash in Carrollton, Texas has been completed. Waldencast Acquisition, a blank check company formed by Waldencast Ventures and the former CFO of Anheuser-Busch InBev, filed on Monday with the SEC to raise … Driven Brands announced its acquisition of International Car Wash Group (ICWG) has been completed. Driven Brands Holdings (DRVN) reported 1st Quarter March 2021 earnings of $0.19 per share on revenue of $329.4 million. Charlotte, NC — Driven Brands, North America’s largest automotive services company, today announced its acquisition of Fix Auto USA (FUSA) and Auto Center Auto Body, Inc. (ACAB). Driven Brands, a portfolio company of Roark and one of the nation’s leading automotive franchisors, has announced the acquisition of award-winning, Texas-based Express Lube.Founded in … Louisville, KY, and Plano, Texas, March 2, 2021 – Yum! Announced Date Aug 5, 2020 Acquisition Type Acquisition Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc. Driven Brands entered the car wash industry in 2020 with the acquisition … Customer Data Platforms AI/ML Content. About Driven Brands Car Wash. Driven Brands's top competitors include Tuffy, Midas and Jiffy Lube. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands has acquired in 11 different US states, and 2 countries. About Driven Brands Car Wash. Driven Brands is the parent company of some of North America’s leading automotive service businesses including Take 5 Oil Change®, Meineke Car Care Centers®, Maaco®, 1-800-Radiator & A/C®, and CARSTAR®. Driven Brands Car Wash is the world’s largest local car wash. CHARLOTTE, N.C.--(BUSINESS WIRE)--Driven Brands Car Wash North America today announced the acquisition of Fabulous Car Wash in McKinney, Texas, a Northern subur “Selling the business to Driven Brands was a great opportunity for me and my employees and a mutually beneficial transaction,” said owner Carter Mobley. About Driven Brands Car Wash . Carstar Canada marks the third acquisition for Driven Brands since it was acquired by Roark Capital earlier this year, expanding the brands’ footprint to more than 2,200 franchise locations in the U.S. and Canada. They are branded as CARSTAR, Meineke, Take 5 Quick Lube Centers, ABRA, Merlin, MAACO, Econo Lube N’ Tune. Combined, all businesses generate more than $1 billion in system sales. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. About Driven Brands Car Wash. Driven Brands has announced its acquisition of Fix Auto USA and Auto Center Auto Body, Inc, according to an internal company statement, obtained by FenderBender and issued by Michael Macaluso, a top executive with Driven Brands who oversees its collision repair vertical. They are branded as CARSTAR, Meineke, Take 5 Quick Lube Centers, ABRA, Merlin, MAACO, Econo Lube N’ Tune. While the acquisition is fresh, Nike leadership indicated that results are already taking shape. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands Holdings Inc., an automotive services company backed by Roark Capital, rose 21% in its U.S. trading debut after raising $700 million in an initial public offering. Brands’ Ability to Make Smart Data-Driven Marketing Decisions; Integrates New Technology Talent into Company. Driven Brands, a portfolio company of Roark and a leading automotive franchisor, recently announced the acquisition of award-winning, San Antonio, Texas-based Express Lube. About Driven Brands Car Wash. About Driven Brands Car Wash . Brands says it has already deployed Tictuk's platform in about 900 KFC, Pizza Hut and Taco Bell restaurants across 35 countries as the acquisition will … About Driven Brands Car Wash. By PRNewswire On May 13, 2021. At that juncture, the collision repair consolidator announced its acquisition of both Fix Auto USA (FUSA) and Auto Center Auto Body Inc. (ACAB). Driven Brands Car Wash operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 locations in the United States. The stores will … The acquisition of FUSA and ACAB continues Driven Brands’ growth in the collision repair space. Driven Brands announces acquisition of Super-Lube. The firm provides automotive care … Driven Brands is the franchisor for 2700 family-owned collision and repair/maintenance centers in the US and Canada. Driven Brands Holdings Inc. has reported financial results for the first quarter ended March 27, 2021. “It was a pleasure to work with their team throughout the process.” With this acquisition, Driven Brands Car Wash North America expands its presence in Georgia to 26 locations. And I’m proud we hit the top end of our expected range for fiscal 2020 with revenue of over $904 million, Adjusted EBITDA up $240 million and acquisition Adjusted EBITDA up $269 million.” Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands Driven Brands is a automotive aftermarket franchising platform whose brands include Meineke and Maaco. Driven Brands Car Wash operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 locations in the United States. Driven Brands Car Wash US Continues Expansion in North Carolina With Shine Factory Acquisition The Super-Lube stores will be added to Driven Brands Take 5 Oil Change quick lube network. That's 19 percent higher than its initial range of $17 to $20. 1Q21 Revenue. Driven Brands picked up 900 locations through its 2020 acquisition of car wash company ICWG. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 US venues. This acquisition further strengthens Driven Brands’ network of washes in the Dallas-Fort Worth Metroplex, which has grown to 12 locations. About Driven Brands Car Wash . Charlotte, NC. The acquisition of Clairus is an integral part of Driven Brands’ continued growth in the automotive aftermarket industry. The company entered the car wash industry in 2020 with the acquisition of International Car Wash Group. Driven Brands announced its acquisition of International Car Wash Group (ICWG) has been completed. Company profile for Driven Brands Holdings Inc. including key executives, insider trading, ownership, revenue and average growth rates. About Driven Brands Car Wash . They also own 1-800 Radiator who many of you already do business with. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. The add-on acquisition grows Driven Brands' Quick Lube division, which includes Take 5 Oil Change, Pro Oil Change and Driven Florida Lubes, to 220 U.S. locations. How Purpose-Driven Brands Are Building Brand Equity and Enterprise Value on Amazon ABSTRACT In 2020, several forces combined to drive the increasing influence of both Purpose-Driven Brands and Amazon. Clairus will form the newly-created Glass vertical. The executive frequently returned to the importance of quickly scaling data-driven expertise to stay competitive in a retail category that is racing to gird itself for a DTC and data-driven future. Clairus will form the newly-created Glass vertical. The company was founded in Germany in 1965 under the IMO brand, the name still used at its non-US locations. Driven Brands was one of the smallest companies on J.P. Morgan’s list of the top stock picks for May, with a market capitalization of $4.9 billion. Driven Brands Inc. continues to expand its automotive service network with the acquisition of 48 Super-Lube locations in Florida, Wisconsin, Indiana, Illinois, and Alabama. It operates over 900 locations in 14 countries across US, Europe and Australia, with over 200 US venues. Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands entered the car wash industry in 2020 with the acquisition … CHARLOTTE, N.C., April 23, 2020 /PRNewswire-PRWeb/ -- Driven Brands, North America's largest automotive services company, today announced its acquisition of Fix Auto USA (FUSA) and Auto Center Auto Body, Inc. (ACAB). Driven Brands announced its acquisition of the Quebec-based Clairus Group (Clairus). Driven Brands Car Wash is the world’s largest local car wash, cleaning more than 40 million cars a year. Driven Brands operates over 950 car wash locations in 14 countries across the United States, Europe, and Australia, with over 200 locations in the United States. Driven Brands Car Wash is the world’s largest local car wash. Driven Brands Car Wash North America announced the acquisition of both Fast Trac Car Wash (Smyrna, GA) and Hometown Car Wash (Fayetteville, GA). Less than two months after announcing its acquisition by Roark Capital, Driven Brands Inc. said it has agreed to acquire franchised automotive parts distributor 1-800-Radiator & A/C Inc. driven brands car wash north america announces acquisition of fabulous car wash north of dallas
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