Driven Brands Holdings Inc. announced the acquisition of Auto Glass Fitters, making it the second largest player in the U.S. auto glass repair, replacement, and calibration category after entering the U.S. market in early fiscal 2022, the company says.
With the addition of Auto Glass Fitters, the Company says it now serves customers across over 160 locations and almost 700 mobile units across 41 states after entering the U.S. market less than a year ago.
Driven Brands says the $5 billion and growing auto glass services market has been a strategic growth focus for the Company, and this acquisition enhances its presence in this highly fragmented, needs-based category.
Now part of the broader Driven Brands glass portfolio, the Auto Glass Fitters business will have access to robust shared service capabilities like data analytics, direct-to-consumer marketing, procurement, and commercial customer relationship management including the Company’s insurance and fleet relationships, Driven Brands says.
“We have significant momentum across our auto glass service business, propelling us to quickly become one of the dominant players in the category. Auto Glass Fitters has been on an incredible growth trajectory growing sales 25% year-over-year with over 100% growth in glass calibration and we’re thrilled to add another phenomenal team to our growing Driven Glass family,” said Michael Macaluso, EVP and group president of Paint, Collision, and Glass.
For more information, visit DrivenBrands.com.