🠈  Driven Brands  🠊

Driven Brands

Established in 2006, Driven Brands is the holding company for top international auto service brands. The company is currently held by Roark Capital. Driven Brands is headquartered in Charlotte, NC

The Driven Brands site has information on the brands and franchise opportunities including additional services for veteran owned franchises. The Driven Brands Charitable Foundation supports Cystic Fibrosis research and veterans.

Corporate History

As this is a conglomerate, I will present a section for each subsidiary as it is pulled into the conglomerate starting with Meineke which is the foundation stone of the company.

Meineke Car Care Centers (meineke.com) was established in 1972 by Sam Meineke and Harold Nedell. It grew dramatically after the acquisition by the British conglomerate GNK which was established in the 1700s.

Private equity firms acquired Meineke and made it the cornerstone of Driven Brands..

Corporate History

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References:

  1. Business Wire - Allied Capital invests $127 million in Meineke (Drawn 6/23/2019)
  2. PR Newswire - Driven acquires Merlin (Drawn 6/23/2019)
  3. PR Newswire - Roark Capital Acquires Take 5 (Drawn 6/23/2019)
  4. Driven Brands Acquisition of Advance Kwik Lube (Drawn 11/11/2019) 2458659
  5. Trivest Exits Take 5 (Drawn 11/11/2019) 2458659

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