CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Roark Capital Reported Considering Sale of Driven Brands Stake

Roark Capital Reported Considering Sale of Driven Brands Stake

August 14, 2019 By CollisionWeek Editor

According to a report by Bloomberg, Roark Capital is considering a sale of its stake in Driven Brands Inc., the parent of CARSTAR, Maaco and 1-800-Radiator and other automotive franchises. The article states the company could sell for as much as $2 billion according to sources.

Driven Brands logoRoark Capital acquired Driven Brands in 2015 from Harvest Capital. At the time, Driven Brands owned Maaco. In June 2015, shortly after the Roark acquisition, Driven Brands acquired 1-800-Radiator. In October 2015, Driven Brands announced the acquisition of CARSTAR.

According to the Bloomberg report, the private equity firm is speaking to

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: 1-800-Radiator, Acquisitions, CARSTAR, Driven Brands, MAACO, Roark Capital

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation Mitchell International National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Scholarships Service King Collision Repair Centers Texas United Kingdom Workforce Development

Recent Articles

  • US Department of Labor and Mercedes-Benz USA Announce Job Corps Partnership to Train EV Technicians February 8, 2023
  • Wholesale Used-Vehicle Prices Increase in January versus December February 8, 2023
  • Fisher Auto Parts Acquires Market Street Auto Parts in Pennsylvania February 8, 2023
  • I-CAR Suggests Consumers Choose a Collision Repair Center Carefully as Vehicle Technology Advances February 8, 2023
  • ASE Says Employers Should Look for Entry-Level Certification in Hiring February 8, 2023
  • Amin Youssef Named Regional Vice President for Ontario at Fix Network Canada February 8, 2023
  • Collision Repair Education Foundation Invites Industry to Participate in Spring Career Fairs February 7, 2023

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2023 - QuanDec Corporation - All Rights Reserved ยท Log in