Driven Brands Holdings Inc. has completed the sale of IMO, its international car wash business, to Franchise Equity Partners for approximately €411 million. According to a statement from the company, the proceeds from the transaction will primarily be used to pay down debt. Driven Brands indicated that this divestiture will streamline its portfolio and enhance its focus on core businesses, particularly the Take 5 brand. The company also noted plans to update its segment reporting structure beginning in the fourth quarter of 2025, with Auto Glass Now being reported as a stand-alone segment. Rothschild & Co. acted as financial advisor to Driven Brands.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Driven Brands Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260127033390) on January 27, 2026, and is solely responsible for the information contained therein.