Driven Brands Holdings

General Information
Business:

Driven Brands is the largest automotive services company in North America with a growing and highly franchised base of more than 4,100 locations across 49 U.S. states and 14 countries. Our scaled diversified platform fulfills an extensive range of core consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash. Driven Brands provides a breadth of high-quality and high-frequency services to a wide range of customers who rely on their cars in all economic environments to get to work and in many other aspects of their daily lives. Our asset-light business model generates consistent recurring revenue and strong operating margins, and requires limited maintenance capital expenditures.

Industry: AUTOMOTIVE REPAIR, SERVICES & PARKING
Employees: 4900
Founded: 2015
Contact Information
Address 440 S. Church Street, Suite 700, Charlotte, NC 28202, US
Phone Number (704) 377-8855
Web Address http://www.drivenbrands.com
View Prospectus: Driven Brands Holdings
Financial Information
Market Cap $3144.8mil
Revenues $798.4 mil (last 12 months)
Net Income $-7.3 mil (last 12 months)
IPO Profile
Symbol DRVN
Exchange NASDAQ
Shares (millions): 31.8
Price range $22.00 - $22.00
Est. $ Volume $700.0 mil
Manager / Joint Managers Morgan Stanley/BofA Securities/ Goldman Sachs/ J.P. Morgan/ Barclays
CO-Managers Credit Suisse/ Baird/ Piper Sandler/ William Blair
Expected To Trade: 1/15/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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