Driven Brands - M&A Summary and Business Overview

FranchisingCompany

Driven Brands M&A Summary

Driven Brands has acquired 20 companies, including 7 in the last 5 years. A total of 7 acquisitions came from private equity firms. It has also divested 3 assets.

Driven Brands’ largest acquisition to date was in 2022, when it acquired Auto Glass Now for $170M. It’s largest disclosed sale occurred in 2025, when it sold Driven Brands - U.S. Car Wash Business to Express Wash Operations for $385M. Driven Brands has acquired in 12 different US states, and 2 countries. The Company’s most targeted sectors include automotive (50%) and business services (17%).

Driven Brands Business Overview

Where is Driven Brands headquartered?

Driven Brands is headquartered in Charlotte, North Carolina.

What is Driven Brands’ revenue?

Driven Brands disclosed revenue of 2,340M USD for 2024 and 2,304M USD for 2023.

How many employees does Driven Brands have?

Driven Brands has 10,700 employees.

What sector is Driven Brands in?

Driven Brands is a franchising company.

When was Driven Brands founded?

Driven Brands was founded in 1972.

M&A Summary

  • M&A Total Activity21
    • M&A Buy Activity18
    • M&A Sell Activity3
  • Total Sectors Invested 5
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 9
  • M&A Advisors 3

Driven Brands

Driven Brands, Inc.

440 South Church Street, Suite 700,
Charlotte, North Carolina 28202
United States,
(704) 377-8855
www.drivenbrands.com

Driven Brands is a parent company of automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers; Paint & Collision, housing Maaco, CARSTAR, and ABRA; Distribution, housing 1-800-Radiator & A/C and Spire Supply; and Quick Lube, housing Take 5 Oil Change. Driven Brands was incorporated in 1972 and is based in Charlotte, North Carolina.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (1.2/yr) # 12 4 2 - - - 18
vol $170M $170M
Sell (0.6/yr) # - - - - 1 2 3
vol $385M $385M
  21

Most Recent M&A

Company Date Value Type
Driven Brands - U.S. Car Wash Business 2025-04-10 385M USD Divestiture
, United States
Take 5 Car Wash 2025-02-25 - Divestiture
Charlotte, North Carolina · www.take5.com
PH Vitres d'Autos 2024-08-31 - Divestiture
Sainte-Perpetue, Quebec
K&K Glass, Inc. 2022-07-07 - Add-on Acquisition
Tampa, Florida · www.kkglass.com
Auto Glass Now 2022-01-04 170M USD Add-on Acquisition
Oakland, California · www.autoglassnow.com
Fabulous Car Wash 2021-03-17 - Add-on Acquisition
McKinney, Texas · www.fabulouscarwash.com
JJ Express Car Wash 2021-01-07 - Add-on Acquisition
Decatur, Georgia
Doctor Suds Car Wash 2021-01-07 - Add-on Acquisition
Kingsland, Georgia · www.drsudscarwash.com
Wash N’ Roll Car Wash 2021-01-05 - Add-on Acquisition
White House, Tennessee · www.mywashnroll.com
International Car Wash Group 2020-08-05 - Add-on Acquisition
Centennial, Colorado · www.iwcg.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Automotive 9 (50%) 170M (100%) 2 (67%) 385M (100%)
Business Services 3 (17%) - - -
Franchising 3 (17%) - - -
Consumer Services 2 (11%) - - -
Building Materials 1 (6%) - - -
Distribution - - 1 (33%) -
Total 18 $170M 3 $385M

By Geo

State/Country Buy Value Sell Value
United States 15 170M 2 385M
  Texas 2 - - -
  Georgia 2 - - -
  California 2 170M - -
  North Carolina 1 - 1 -
  Tennessee 1 - - -
  Ohio 1 - - -
  Minnesota 1 - - -
  Louisiana 1 - - -
  Kansas 1 - - -
  Illinois 1 - - -
  Florida 1 - - -
  Colorado 1 - - -
Canada 3 - 1 -
  Quebec 1 - 1 -
  Ontario 1 - - -
Domestic 15 (83%) 170M (100%) 2 (67%) 385M (100%)
Cross-border 3 (17%) - 1 (33%) -
Total 18 $170M 3 $385M

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Legal Deals
Paul, Weiss, Rifkind, Wharton & Garrison
1
DLA Piper
1

Deal Values

buy # Total
$100M to $1B 1 $170M
TOTAL $170M
Largest Auto Glass Now
$170M (2022-01-04)
sell # Total
$100M to $1B 1 $385M
TOTAL $385M
Largest Driven Brands - U.S. Car Wash Business
$385M (2025-04-10)

M&A Connections

Deals
Acquired from
Investor(s)
28%
5 (28%)
Strategic(s)
6%
1 (6%)
Divested to
Strategic(s)
100%
3 (100%)

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