Driven Brands Holdings Inc.
NNASDAQ:DRVNCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Daniel R. Rivera
- Full Time Employees
- 7,100
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- 440 South Church Street Charlotte NC United States 28202
- IPO Date
- Jan 15, 2021
- CIK
- 0001804745
- Website
- drivenbrands.com
- Similar Companies
- Business
- Driven Brands Holdings Inc. is the largest automotive services company in North America, providing a comprehensive range of consumer and commercial automotive services. The company offers core products and services including paint, collision repair, glass repair and replacement, vehicle repair, oil change and maintenance services, and car wash. It operates multiple leading automotive service brands such as Take 5 Oil Change, Meineke Car Care Centers, Maaco, 1-800-Radiator & A/C, Auto Glass Now, CARSTAR, and others. Driven Brands also distributes automotive parts and consumables such as radiators, air conditioning components, exhaust products, oil filters, and wiper blades, alongside providing training services to automotive repair, maintenance, and paint and collision shops. The company serves retail and commercial customers primarily in the United States, Canada, and select international markets. Founded in 1972, Driven Brands is headquartered in Charlotte, North Carolina. In recent major developments, Driven Brands announced in December 2025 an agreement to divest its international car wash business, IMO, to Franchise Equity Partners for approximately €406 million, aimed at sharpening its focus on core North American operations and scaling its Take 5 brand while improving its balance sheet. The divestiture is expected to close in the first quarter of 2026 and is part of a broader strategy to simplify the portfolio, reduce leverage, and enhance shareholder value. Additionally, Driven Brands completed the sale of its U.S. car wash business to Whistle Express Car Wash in mid-2025, reinforcing this strategic pivot away from car wash operations. The company continues to experience growth in its core segments, particularly Take 5 Oil Change, which demonstrated strong sales growth and added over 60 new locations in 2024. Driven Brands operates approximately 5,200 locations across 13 countries, servicing around 70 million vehicles annually, generating approximately $2.3 billion in annual revenue with system-wide sales nearing $6.5 billion. Driven Brands remains focused on organic growth, franchise expansion, and strategic acquisitions to enhance its automotive service portfolio. The company pursues active portfolio management and operational excellence to achieve long-term financial targets, including reducing net leverage and capital expenditures in line with revenue growth. Its diversified automotive service offerings and extensive brand portfolio position it as a market leader in the automotive services industry in North America. Driven Brands Holdings Inc. thus operates as a multifaceted provider of automotive repair and maintenance services, emphasizing franchise brand strength, operational efficiency, and targeted divestitures to concentrate on high-growth areas and create shareholder value. The company’s latest strategic moves underscore its commitment to optimizing its business model within the automotive aftermarket ecosystem.
Company News
Driven Brands Announces Financial Restatement; Provides Update on Third Quarter 2026 Performance and Revises Fiscal Year 2026 Outlook
LAWSUIT UPDATE: Driven Brands Holdings Inc. (NASDAQ: DRVN) Investors Who Continue to Hold Shares Should Contact the Shareholders Foundation
Driven Brands Holdings Inc. (DRVN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
DRVN vs. GPC: Which Stock Should Value Investors Buy Now?
Critical Review: RideNow Group (NASDAQ:RDNW) versus Driven Brands (NASDAQ:DRVN)
Driven Brands Holdings Inc. $DRVN Shares Newly Bought by Bank of America Corp DE
Driven Brands Holdings Inc. (DRVN) Presents at Goldman Sachs Global Consumer and Retail Conference Transcript
Driven Brands Announces Updated Capital Allocation Priorities
Driven Brands Announces Updated Capital Allocation Priorities
DRVN or GPC: Which Is the Better Value Stock Right Now?
Driven Brands to Participate in Goldman Sachs Global Consumer and Retail Conference
BlackRock Inc. Invests $67.11 Million in Driven Brands Holdings Inc. $DRVN
Bank of America Corp DE Cuts Stock Position in Driven Brands Holdings Inc. $DRVN
Did Driven Brands Holdings Inc. Insiders Breach their Fiduciary Duties to Shareholders?
Kuehn Law Encourages Investors of Driven Brands Holdings Inc. to Contact Law Firm
Did Driven Brands Holdings Inc. Insiders Breach their Fiduciary Duties to Shareholders?
Shareholder Update Class Action Lawsuit Against Driven Brands Holdings Inc. Survives Motion to Dismiss: Johnson Fistel PLLP Continues to Investigate the Directors and Officers for Breach of Fiduciary Duties
ADW Capital Management Sends Letter to Driven Brands Board and Controlling Shareholder Roark Capital Demanding Immediate Public Sale Process for Driven Brands
Driven Brands Holdings Inc. (DRVN) Q2 2026 Earnings Call Transcript
Driven Brands Q2 Earnings Call Highlights