CARSTAR has reorganized its leadership and reporting structures following its sale to Driven Brand by Roark Capital. Last week, Jose Costa, Group President, of Driven Brands Paint & Collision Division, announced in an email the departure of CARSTAR CEO David Byers as part of the reorganization of the collision repair facility franchisor. CARSTAR was acquired […]
Driven Brands Acquires CARSTAR
Parent of Maaco and 1-800-Radiator adds collision repair-focused franchise to portfolio of automotive franchises. Acquisition does not include CARSTAR Canada. Driven Brands, Inc., a portfolio company of Roark Capital and the nation’s leading franchise automotive company, announced today that it has acquired Kansas-based CARSTAR Auto Body Repair Experts. CARSTAR is one of the largest multi-shop […]
Driven Brands Acquires 1-800-Radiator & A/C
Driven Brands announced that it has entered into an agreement to acquire 1-800-Radiator & A/C, the automotive parts distributor in North America. “We are excited to welcome 1-800-Radiator to the Driven Brands family,” said Driven Brands CEO Jonathan Fitzpatrick. “1-800-Radiator is well respected by its customers and franchisees alike. We look forward to leveraging their […]
Roark Capital Group Acquires Driven Brands
MAACO and Meineke among automotive aftermarket operations sold to private equity firm. Roark Capital Group, an Atlanta-based private equity firm focused on franchise and consumer brands, announced today that its affiliate has acquired Driven Brands, the franchise automotive company, from Harvest Partners, LP. Jonathan Fitzpatrick, Driven Brands’ Chief Executive Officer, will continue to lead the […]
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