Driven Brands Closes Sale of International Car Wash Business to Franchise Equity Partners

Reuters

Jan 28

Driven Brands Closes Sale of International Car Wash Business to Franchise Equity Partners

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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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  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 th","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4192":"特殊消费者服务","BK4137":"综合支持服务","DRVN":"Driven Brands Holdings Inc."},"translate_title":"Driven Brands完成将国际洗车业务出售给特许股权合作伙伴","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DRVN":0.9},"content_text":"Driven Brands Closes Sale of International Car Wash Business to Franchise Equity Partners\n    \n\nDriven 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. 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