U.S. auto glass services welcome Mark Turner, Jackie Landry, Teresa Melnikow and Devin Johnson to team. Driven Glass, home to a portfolio of brands including Jack Morris Auto Glass, Auto Glass Now, and All Star Glass, announced three new leadership appointments. Mark Turner, vice president of operational excellence, Jackie Landry, vice president of sales, Teresa […]
Driven Brands Revenue Increased 39% in Third Quarter
Reports 9% net store growth and same-store sales up nearly 12%. Driven Brands Holdings Inc. (NASDAQ:DRVN) today reported financial results for the third quarter ended September 24. For the third quarter, revenue increased 39% versus the prior year to $516.6 million. System-wide sales increased 22% versus the prior year to $1.5 billion, with 9% net […]
Driven Brands Surpasses 1,000 Collision Repair Locations in North America
Little Rock, Ark. location celebrated as 1,000th collision repair center. Driven Brands’ collision group, including its ABRA Auto Body Repair of America, CARSTAR, and Fix Auto USA franchise networks, yesterday celebrated its 1,000th collision repair facility across North America with the opening of CARSTAR Patriot Auto Body Little Rock in Little Rock, Ark. The facility […]
Driven Brands Closes $365 Million Securitization Issue
Driven Brands Holdings Inc. (NASDAQ: DRVN) announced October 5 that it has closed an offering by its subsidiaries for $365 million Series 2022-1 Fixed Rate Senior Secured Notes, Class A-2 maturing October 2027, increasing the offering by over 30 percent. In addition to the closing of the Notes, Driven Brands also increased the total capacity […]
Driven Brands’ Dean Fisher Named MSO Symposium Master of Ceremonies
The Automotive Service Association (ASA) and its board of directors announced Dean Fisher of Driven Brands will serve as the Master of Ceremonies for the 2022 MSO Symposium, being held Monday, October 31 at The Venetian in Las Vegas from 9:30 a.m. – 6:30 p.m. Dean Fisher brings well-rounded insight to this year’s event with […]
Driven Brands Acquires Auto Glass Fitters
Driven Brands Holdings Inc. (NASDAQ: DRVN) announced the acquisition of Auto Glass Fitters, making it the second largest player in the U.S. auto glass repair, replacement, and calibration category after entering the U.S. market in early fiscal 2022. This further densifies Driven Brand’s East Coast presence in auto glass services and significantly adds to its […]
Driven Brands’ Dean Fisher to Retire
Fisher celebrating retirement after 50 years in the collision repair industry. Chris Dawson named president of paint and collision. Longtime industry veteran, former CARSTAR franchisee, and most recently, Driven Brands collision president, Dean Fisher, announced his retirement at the end of the year. Fisher has always had an interest in cars and owned multiple automotive-related […]
Auto Glass Now Adds Two New Locations in California
Auto Glass Now, the same-day glass repair, replacement, and calibration provider that is part of the Driven Brands family, announced the opening of two new California locations. Auto Glass Now Pinedale is located at 30 W Spruce Ave in Pinedale and Auto Glass Now Sacramento is located at 9565 Folsom Blvd, in Sacramento. Both facilities […]
Driven Brands Acquires Jack Morris Auto Glass
Driven Brands Holdings Inc. (NASDAQ:DRVN) the acquisition of longstanding Tennessee-based Jack Morris Auto Glass. Family-owned and operated since 1951, Jack Morris Auto Glass grew from one location in Downtown Memphis to 10 facilities serving 90 counties throughout the Mid-South and Middle Tennessee. “To build and sustain a business through multiple generations is no easy feat,” […]
Driven Brands Reports Second Quarter Revenue of $508.6 Million, Up 35% Versus Last Year
Driven Brands Holdings Inc. (NASDAQ: DRVN) today reported revenue was $508.6 million for its second quarter ended June 25, an increase of 36% versus the prior year. System-wide sales were $1.4 billion, an increase of 22% versus the prior year, with 7% net store growth and an increase in consolidated same-store sales of 13.2%. The […]
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