M&A Deal Summary |
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Date | 2015-06-08 |
Target | 1-800 Radiator & A/C |
Sector | Franchising |
Buyer(s) | Driven Brands |
Deal Type | Add-on Acquisition |
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Category | Company |
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Founded | 1972 |
Sector | Franchising |
Employees | 11,000 |
Revenue | 2.3B USD (2023) |
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.
DEAL STATS | # |
---|---|
Overall | 3 of 18 |
Sector (Franchising) | 2 of 3 |
Type (Add-on Acquisition) | 3 of 17 |
State (California) | 1 of 2 |
Country (United States) | 3 of 15 |
Year (2015) | 2 of 5 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-04-20 |
Meineke
Charlotte, North Carolina, United States Meineke is a franchise-based international automotive repair chain with over 750 locations and a 50-year history of delivering consistent and high-quality repair and preventative maintenance services. Meineke CARSTAR is based in Charlotte, North Carolina. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2015-10-22 |
CARSTAR Auto Body Repair Experts
Canada CARSTAR Auto Body Repair Experts is a multi-shop network of independently owned collision repair facilities in the U.S., operating in more than 240 locations in 30 states. |
Buy | - |