Driven Brands, a portfolio company of Roark Capital and parent of CARSTAR, announced that its affiliate has acquired Louisiana-based Take 5 Oil Change from Trivest Partners, L.P. Founded in 1984, Take 5 Oil Change operates 65 quick oil change facilities across nine states throughout the Southeast. Trivest acquired Take 5 from the company’s founder in November 2011.
The Take 5 Oil Change management team will remain at the helm, and the headquarters will remain in New Orleans.
With this acquisition, Driven Brands continues to expand its Quick Lube division, which also includes Pro Oil Change and Driven Florida Lubes. Take