Driven to the Market: Driven Brands sets potential stock price
Charlotte, North Carolina — Driven Brands, the owners of Carstar, Maaco, Meineke, Fix Auto USA and several other auto service companies, is looking to raise up to $760 million through an initial public offering (IPO)—which would value the company at about $3.4 billion (all figures in USD). Driven Brands plans to sell 38 million shares […]
Driven Brands looks to trade on NASDAQ
Toronto, Ontario — Driven Brands Holdings, the owners of Carstar, Maaco, Meineke, Fix Auto USA and several other auto service companies, recently filed forms with the US Federal Securities and Exchange Commission for an estimated $100 million (all figures in USD) initial public offering. However, the deal size is considered a placeholder for an IPO […]
PEI Goes Paperless: Province approves use of electronic proof of auto insurance
Charlottetown, Prince Edward Island – Effective as of December 17, 2020, Prince Edward Island (PEI) drivers have the option to digitally store and present their proof of auto insurance in the form of eSlips. Approved by the Superintendent of Insurance for Prince Edward Island, this move follows Nova Scotia, Ontario, Alberta, Newfoundland and Labrador, Quebec, […]
