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Driven Brands Announces Executive Appointment

Gary W. Ferrera has been appointed executive vice president and chief financial officer, effective May 10, 2023.

Driven Brands Holdings Reports Strong First Quarter Results

Net income decreased 14 percent versus the prior year to $29.7 million or $0.17 per diluted share.

Fras-le Rebrands as Frasle Mobility

The new name reinforces its business strategy, focused on safety and innovation in its products and services.

High Bar Brands Expands Sales Team

Doug Eitel (at right) and Ryan Fleischhacker have joined the company as territory managers.

Race Winning Brands Adds Bob Cook Sales

Bob Cook Sales will help represent nine RWB brands in the Southeastern U.S.

Driven Brands Reports Record Year of Revenue

Fiscal 2022 revenue increased 39 percent, powered by 14 percent same-store sales growth and 9 percent net store growth.

TBC Brands Launches the ERANGE EV Tire

Company introduces its first-ever tire dedicated to enhancing overall EV and hybrid performance.

First Brands Group Completes Acquisition of Horizon Global

Horizon Global becomes a wholly-owned subsidiary of First Brands as a result of the acquisition.

Driven Brands Opens 10th Take 5 Co-Development

Bringing Take 5 Oil Change and Take 5 Car Wash together in one location simplifies the car care experience for customers.

Driven Brands Names Chief Operating Officer

Company appoints Danny Rivera to the newly created role and welcomes back Mo Khalid, who will succeed Rivera.