Meineke Car Care Center Selected as One of 50 Top Franchises for Veterans
Company selected from more than 400 companies for the third annual ranking.
Navy Veteran Utilizes ‘Crowdfunding’ to Open Meineke Car Care Center
Decorated veteran seeks financing via Boost A Hero program.
Meineke Car Care Centers, Aftermarket Auto Parts Alliance Announce New Supply Agreement
Nearly 900 Meineke Car Care Center franchised shops will now have access to some 300,000 parts, supplies and accessories at more than 2,300 Auto Value/Bumper to Bumper parts stores across the United States and Canada. Meineke Car Care Centers are some of the fastest growing and most productive car care service centers in the industry, servicing close to 10 vehicles per day on average at each location, according to the Alliance.
Meineke Dealers Association Names Pronto Vendor of the Year
The awards were presented at this year’s Meineke Dealers Convention, held May 12-14 at the Franklin Marriott Cool Springs in Franklin, Tenn.
Meineke Dealers Association Endorses Identifix
ST. PAUL, MN — Identifix, a provider of online and hotline diagnostic and repair information, has been endorsed by the Meineke Dealers Association. Through the endorsement, Indentifix will introduce its services to the more than 900 Meineke Car Care Centers nationwide. Since its inception in 1972, Meineke has grown to more than 900 locations and
Meineke Changes Name
A recent article from the Charlotte Business Journal reports that Meineke Holding Company has changed its name to Driven Brands Inc. The holding company serves as parent to three businesses including, Meineke Car Care Centers; Tortal.net, a Web-based training company; and Aero-Colours Inc., a Minneapolis-based marketer of airbrush auto repairs.
Meineke Car Care Centers Sponsor Car Care Council Women’s Board 2006 Scholarship
Meineke Car Care Centers is the latest company to sign on a sponsor of the Car Care Council Women’s Board 2006 scholarship program. This year’s scholarship is in honor of Jean Kennedy, Meineke’s first female franchisee. Recognized as one of the largest automotive franchises, Meineke franchisees have serviced more than 50,000,000 vehicles since starting out in 1972. There are approximately 900 Meineke franchises throughout the United States, Canada, Mexico, Ecuador, Guatemala, Venezuela, the Caribbean, China and Saudi Arabia.
Meineke’s Ken Walker to Lead Talk on Growth and Acquisitions at Financial Symposium
Ken Walker, president and CEO, Meineke Car Care Centers, will moderate a panel entitled, “Growth and Acquisition Financing Strategies,” during the 2006 Aftermarket Financial Symposium (AFS). Hosted by the Automotive Aftermarket Industry Association (AAIA), the 2006 AFS is scheduled for Sept. 26-27 at the Hyatt Regency O’Hare in Chicago. AFS is geared toward CFOs, financial service providers, investment analysts, CPA firms and others with interests in the automotive aftermarket.
Be Car Care Aware PSA to Air During Meineke Car Care Bowl
While college football teams learned where they would be playing bowl games as a reward for a successful season, the “Be Car Care Aware” campaign also learned it will be making its own bowl game appearance. The Car Care Council’s 30-second “Be Car Care Aware” public service announcement (PSA) will air during the national broadcast of the Meineke Car Care Bowl on Dec. 31 on ESPN2 once each half.
Business Development Firm Invests $127 Million in Meineke Car Centers
Allied Capital Corp., a Washington, DC-based business development firm has invested $127 million to finance a management-led recapitalization of Meineke Car Care Centers, Inc. Allied Capital’s investment took the form of senior debt, second lien debt, subordinated notes and non-voting common equity. Management re-invested a significant portion of its equity ownership in the transaction.