Driven Brands announced its acquisition of International Car Wash Group (ICWG) has been completed. With the addition of ICWG, Driven now encompasses more than 4,000 locations across 15 countries and approximately $3.8 billion in annual system-wide sales, making it the largest automotive aftermarket services company by location count in North America. Driven, a portfolio company […]
Interview: Michael Macaluso, Driven Brands
Macaluso, group president of Driven Brand’s Paint, Collision & Glass segment, details the Fix Auto USA acquisition and how it benefits the franchise group’s collision repair strategy, insurance and vendor relationships. With last week’s announcement that it was acquiring the franchise operations of Fix Auto USA along with ten Auto Center Auto Body (ACAB) company […]
Driven Brands Announces Acquisition of Fix Auto USA Collision Repair Franchisor and Auto Center Auto Body
Franchise operator adds 150 franchise collision repair centers to its network and 10 company owned stores. Driven Brands today officially announced its acquisition of Fix Auto USA (FUSA) and Auto Center Auto Body, Inc. (ACAB). The addition adds nearly 150 franchised and ten company-owned collision repair locations to the Paint, Collision & Glass segment of […]
Tiffany Mason Named Chief Financial Officer at Driven Brands
Driven Brands, the parent of CARSTAR and other automotive aftermarket franchise brands, announced Tiffany Mason is joining the company as its new Executive Vice President and Chief Financial Officer effective March 2. “I am thrilled to welcome Tiffany to the Driven Brands family,” said Jonathan Fitzpatrick, Chief Executive Officer at Driven Brands. “Tiffany is a […]
Driven Brands Acquires Automotive Training Institute
Driven Brands confirmed it has acquired the Automotive Training Institute (ATI) the automotive repair and collision industry coaching and consulting company. According to the company’s website it has 31 full time coaches and over 1600 active shop members. According to a Driven Brands statement, “We are excited to add ATI to the Driven Brands family […]
Driven Brands Acquires Quebec-Based Auto Glass Provider
Clairus Group has over 240 locations and 22 distribution centers. Driven Brands today announced its acquisition of the Quebec, Canada-based Clairus Group, a vertically-integrated automotive glass distribution, replacement, and claims management company. The move adds 240 physical service locations, over 330 mobile locations, 22 distribution centers, and a claims management platform to the Driven Brands […]
Tim Adelmann Joins Driven Brands
Adelmann will support integration of ABRA Franchise acquisition and insurance relations. Driven Brands announced that as part of its acquisition of ABRA’s franchise operations that were announced last week, Tim Adelmann will be joining the Driven Brands team. Adelmann will be focused on the integration of the ABRA Franchise System into Driven Brands and will […]
Driven Brands Acquires ABRA Franchise Subsidiary
Michael Macaluso named president of Driven Brands new Collision Vertical, Dean Fisher named president of CARSTAR. Driven Brands today announced its acquisition of ABRA Automotive Systems LP, the franchising subsidiary of ABRA Auto Body Repair of America (ABRA). The move adds 55 franchised collision repair facilities to the collision repair portfolio of Driven Brands. The […]
Roark Capital Reported Considering Sale of Driven Brands Stake
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. Roark Capital acquired Driven Brands in 2015 from Harvest […]
Chris Kozina Named Group President for Driven Brands Paint & Collision Division
Kozina to oversee CARSTAR North America, Maaco Auto Painting and Collision Repair and Drive N’ Style Brands; serve on executive leadership team Driven Brands has named Chris Kozina, Group President for its Paint & Collision Division. Kozina, a longtime executive with MillerCoors, brings extensive retail, marketing and management experience to the organization. Kozina, who joined […]