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 […]
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 […]
