M&A Deal Summary

Driven Brands Acquires Merlin 200 000 Miles Shops

On February 24, 2014, Driven Brands acquired automotive company Merlin 200 000 Miles Shops

Acquisition Highlights
  • This is Driven Brands’ 1st transaction in the Automotive sector.
  • This is Driven Brands’ 1st transaction in the United States.
  • This is Driven Brands’ 1st transaction in Illinois.

M&A Deal Summary

Date 2014-02-24
Target Merlin 200 000 Miles Shops
Sector Automotive
Buyer(s) Driven Brands
Deal Type Add-on Acquisition

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Driven Brands

Charlotte, North Carolina, United States

Category Company
Founded 1972
Sector Franchising
Employees10,700
Revenue 2.3B USD (2024)
DESCRIPTION

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 1 of 18
Sector: Automotive M&A 1 of 9
Type: Add-on Acquisition M&A Deals 1 of 17
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 15
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
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 -