Driven Brands Announces Launch Of Initial Public Offering
Driven Brands is offering 38,000,000 shares of its common stock.
Driven Brands Files for Estimated $600 Million IPO
The Charlotte, N.C.-based company booked $798 million in revenue for the 12 months ended Sept. 30, 2020.
Meineke Car Care Centers Join The Openbay Marketplace
Now around 800 Meineke locations across the nation will have access to the Openbay marketplace.
Driven Brands Acquires Fix Auto USA, Auto Center Auto Body
The addition adds nearly 150 franchised, 10 company collision repair locations to Driven’s Paint, Collision & Glass segment.
Driven Brands Announces Acquisition Of The Clairus Group
The move adds 240 physical service locations, more than 330 mobile locations, 22 distribution centers and a claims management platform to the Driven Brands portfolio.
Take 5 Oil Change And Castrol Announce Strategic Partnership
Integrating training, service and marketing efforts, the two teams will partner to ensure continued growth for both Castrol and franchise Take 5 Oil Change locations.
Maaco Launches Expansion Plan For Southeast US Markets
The goal of the “proactive resale strategy” is to “launch the brand into a new era, creating a stronger presence to support the company’s mission of restoring the safety and appearance of millions of vehicles,” according to the company.
Driven Brands Announces Chris Kozina As Group President, Paint And Collision Division
Kozina is overseeing the CARSTAR North America, Maaco Auto Painting and Collision Repair and Drive N’ Style brands, guiding more than 1,000 franchisees and retail locations in the competitive, evolving collision repair and appearance maintenance industry.
Driven Brands Announces Partnership With EasyPay Finance
The partnership makes EasyPay Finance an approved secondary finance provider for all Driven Brands’ family of brands and franchises.
Driven Brands Charitable Foundation To Raise Money For Hurricane Relief Through The American Red Cross
The foundation has partnered with parent company Driven Brands’ retail automotive brands, including CARSTAR Auto Body Repair Experts, Maaco, Meineke Car Care Centers, Take 5 Oil Change and 1-800 Radiator & AC, to help raise funds.
CARSTAR North America Sets Sights On Strategic Growth, Operating Efficiencies To Drive Sales For North America’s Largest Collision Network
For the year ahead, CARSTAR and Driven Brands say they are focused on growing the CARSTAR network across the U.S. and Canada, delivering continued operational improvements and providing purchasing efficiencies.
Driven Brands Charitable Foundation Raises More Than $650,000 In 2016
The Driven Brands family of automotive aftermarket brands – including Take 5 Oil Change, Maaco, Meineke Car Care Centers, Merlin 200,000 Mile Shops, Econo Lube N’ Tune, Pro Oil, CARSTAR, Drive N Style and 1-800-Radiator & A/C, raised the funds at national conventions and during several events throughout the year including golf tournaments, collection drives, charitable walks, silent auctions and in-store promotions.
