M&A Deal Summary |
|
|---|---|
| Date | 2015-04-20 |
| Target | Meineke |
| Sector | Franchising |
| Buyer(s) | Driven Brands |
| Sellers(s) | Ares Private Equity Group |
| Deal Type | Add-on Acquisition |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Franchising |
| Employees | 10,700 |
| Revenue | 2.3B USD (2024) |
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 | 2 of 18 |
| Sector: Franchising M&A | 1 of 3 |
| Type: Add-on Acquisition M&A Deals | 2 of 17 |
| State: North Carolina M&A | 1 of 1 |
| Country: United States M&A | 2 of 15 |
| Year: 2015 M&A | 1 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-02-24 |
Merlin 200 000 Miles Shops
St. Charles, Illinois, United States Merlin 200,000 Miles Shops is an automotive service provider. Merlin 200,000 Miles Shops maintenance program, supports vehicle owners hundreds of thousands of miles beyond the typical OEM maintenance program. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-08 |
1-800 Radiator & A/C
Benicia, California, United States 1-800 Radiator & A/C, Inc. is a franchisor with over 200 distribution centers across the U.S. and Canada specializing in aftermarket automotive cooling and heating parts. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2003 |
| PE ASSETS | 24.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ares Private Equity Group is the private equity arm of Ares Management, a global alternative asset manager. The Ares Private Equity Group specializes in opportunistic majority/shared control investments in under-capitalized middle-market companies. Ares looks for companies with strong franchises and attractive growth opportunities. The Group prefers to be the lead investor and will invest across the capital structure, including common equity, preferred equity, convertible equity/debt and senior debt. Areas of interest include business services, defense, healthcare, manufacturing, industrial, energy and consumer products and services. Ares Private Equity Group was formed in 2003 and is based in Los Angeles, California.
| DEAL STATS | # |
|---|---|
| Overall | 22 of 59 |
| Sector: Franchising M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 4 of 17 |
| State: North Carolina M&A | 1 of 3 |
| Country: United States M&A | 19 of 47 |
| Year: 2015 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-02-10 |
Plasco Energy Group
Ottawa, Ontario, Canada Plasco Energy Group is a waste-to-energy company that is commercializing a new environmentally favorable solution to waste-to-energy disposal. Plasco has designed a facility that reduces municipal solid waste into syngas via a plasma torch with the application of extreme heat. The syngas is subsequently used to create power. Plasco Energy Group is based in Ottawa, Ontario. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-05-04 |
10th Street
Brooklyn, New York, United States 10th Street is a provider of real estate management services. 10th Street was founded in 2001 and is based in Brooklyn, New York. |
Buy | - |
