Hello to Harmon: Driven Brands adds Damien Harmon to Board of Directors
North Carolina, United States — Driven Brands has announced the election of Damien Harmon of Best Buy to its Board of Directors, effective Jan. 1, 2024. Harmon is the senior executive vice president of customer, channel experiences and enterprise services for Best Buy Co. Inc., where he is responsible for the end-to-end customer experience and […]
Awarding Ancaster: A conversation with CARSTAR Franchisee of the Year, Joe Saputo
Montreal, Quebec — CARSTAR Ancaster is this year’s CARSTAR Franchisee of the Year, Driven Brands announced at last week’s Canadian conference in Montreal. Joe Saputo, who owns and operates CARSTAR Ancaster, accepted the award at the event’s prom night-themed awards night. CARSTAR Ancaster has a long history with its franchising brand; Joe’s father, Sam Saputo, […]
Driven Day 1: Driven Brands companies gather in Montreal for annual conference
Montreal, Quebec — Driven Brands’ Evolution Conference kicked off yesterday, where its collision and glass franchisees, along with vendor partners and industry stakeholders, raised money for charity and witnessed stellar speaker presentations before celebrating opening night with a performance by beloved Canadian band the Arkells. Representatives from CARSTAR Canada, UniGlassPlus, VitroPlus, Docteur Du Pare-Brise, Go!Glass […]
Record Revenues: Driven Brands reports 39 percent increase in 2022 revenues
Charlotte, North Carolina — Driven Brands is reporting growth in its full-year 2022 and Q4 2022 financial results, announced Wednesday morning. For the whole of 2022, Driven Brands reported 39 percent increases in revenue, which grew to US$2 billion driven by same-store sales and location acquisitions, said the company. The company’s paint, collision and glass […]
Third Quarter Gains: Driven Brands reports Q3 earnings, revenues up 39 percent YOY
Toronto, Ontario — Driven Brands reported its third-quarter earnings for 2022 yesterday, where the company reported a 39 percent increase in its revenue (year over year) to US$516.6 million. The paint, collision and glass segment accounted for approximately 22 percent of company revenue of $113.3 million. Driven Brands reported a net income of US$38.4 million, […]
CARSTAR Does Calibration: CARSTAR, Uniban host ADAS information event
Hamilton, Ontario — Last Week, Collision Repair magazine visited Driven Brands’ Canadian headquarters in Hamilton, Ont. for an ADAS and calibration training event, where Bill Davidge, CARSTAR’s director of innovation and technology, and Willy Williams, Uniban’s technical trainer, delivered an in-depth presentation and demonstration. Attendees included collision repair facility owners, staff, and insurers representing various […]
Stock Talks: Driven Brands to announce Q1 2022 financial results next Wednesday
Charlotte, North Carolina — Driven Brands will announce its first-quarter 2022 financial results before the market opens next Wednesday, April 27. Following its Q1 2022 earnings release, the company will host a conference call at 9 a.m. ET to review the financial results. The call will be available via live webcast on Driven Brands’ Investor […]
Piper’s Promotion: Michael Piper named VP of Development for Uniban Canada
Laval, Quebec — Uniban Canada has announced the appointment of Michael Piper as vice president of development. Having spent many years in the collision repair industry, Piper brings a wide range of practical leadership experience, said Uniban. He has held various key positions in both operations and development, in addition to being a leader in […]
First-Place Franchise: CARSTAR ranked no. 1 in collision repair franchises by Entrepreneur magazine Franchise 500
Charlotte, North Carolina – CARSTAR has been ranked number one in its category among top franchises in Entrepreneur magazine’s 2022 Franchise 500 list. “It’s an honour to again be recognized among the top franchise companies in the world,” said Dean Fisher, collision group president for Driven Brands. “Through 2021 we focused on supporting our franchise […]
Go for Glass: Driven Brands expands auto glass offering into U.S. with Auto Glass Now acquisition
Charlotte, North Carolina — Driven Brands announced the expansion of its auto glass offering into the United States Tuesday with its acquisition of Auto Glass Now (AGN). The company acquired AGN for approximately US$170 million on Dec. 30, 2021. The acquisition makes Driven Brands one of largest auto glass service providers in North America, said […]
