About Driven Brands
Driven Brands is a company based in Charlotte (United States) founded in 2006 was acquired by Roark Capital in April 2015.. The company has 10,700 employees as of December 31, 2024. Driven Brands has completed 22 acquisitions, including 1-800 Radiator & A/C, All Star Glass and Auto Glass Fitters. Driven Brands operates in a competitive market with competitors including Meineke Car Care, Safelite, Service King, Express Oil Change and Take 5 Oil Change, among others.
- Headquarter Charlotte, United States
- Employees 10700 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Driven Brands Holdings Inc.
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Annual Revenue
$2.34 B1.54as on Dec 31, 2024
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Net Profit
$-287.17 M60.62as on Dec 31, 2024
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EBITDA
$439.72 M-10.91as on Dec 31, 2024
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Latest Funding Round
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Investors
Roark Capital
& 1 more
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Employee Count
10700
as on Dec 31, 2024
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Investments & Acquisitions
1-800 Radiator & A/C
& 21 more
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Acquired by
Roark Capital
(Apr 17, 2015)
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IPO & Listings of Driven Brands
Driven Brands is a publicly listed company on the NASDAQ with ticker symbol DRVN in USA, operating in the Consumer services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Leadership Team
52 people
Software Development Team
34 people
Sales and Marketing
21 people
Operations Team
19 people
Finance and Accounting
18 people
Legal and Compliance
14 people
Senior Team
13 people
Product Management Team
8 people
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Funding Insights of Driven Brands
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2008 | Amount | Series A - Driven Brands | Valuation | Carousel Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Driven Brands
Driven Brands has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Roark Capital and Carousel Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Carousel Capital is engaged in private equity investments.
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Founded Year | Domain | Location | |
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Private equity investments are focused on US-based companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Driven Brands
Driven Brands has strategically engaged in corporate development activities, having acquired 22 companies. Notable acquisitions include 1-800 Radiator & A/C, All Star Glass and Auto Glass Fitters. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of car wash services
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2018 | ||||
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Automotive glass and accessories are provided by Clairus Group.
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2017 | ||||
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Car wash services are offered in the retail automotive sector.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Driven Brands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Driven Brands Comparisons
Competitors of Driven Brands
Driven Brands operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meineke Car Care, Safelite, Service King, Express Oil Change and Take 5 Oil Change, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Automotive repair and maintenance services are provided for vehicles nationwide.
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| domain | founded_year | HQ Location |
Automotive repair and maintenance services are provided for vehicles.
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| domain | founded_year | HQ Location |
Car repair and maintenance services are provided by Service King.
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| domain | founded_year | HQ Location |
Full mechanical service center chain specializing in oil change
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| domain | founded_year | HQ Location |
Oil change service provider for cars
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Driven Brands
Frequently Asked Questions about Driven Brands
When was Driven Brands founded?
Driven Brands was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Where is Driven Brands located?
Driven Brands is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
How many employees does Driven Brands have?
As of Dec 31, 2024, the latest employee count at Driven Brands is 10,700.
What is the annual revenue of Driven Brands?
Annual revenue of Driven Brands is $2.34B as on Dec 31, 2024.
What does Driven Brands do?
Driven Brands was founded in 2006 and is headquartered in Charlotte, United States. Operations are focused on the automotive sector, where aftermarket services such as vehicle maintenance and repairs are provided through a network of franchises. The company manages various brands offering quick-service solutions for car care, including oil changes and collision repairs, primarily serving North American markets.
Who are the top competitors of Driven Brands?
Driven Brands's top competitors include Meineke Car Care, Jiffy Lube and Express Oil Change.
Is Driven Brands publicly traded?
Yes, Driven Brands is publicly traded on NASDAQ under the ticker symbol DRVN.
How many acquisitions has Driven Brands made?
Driven Brands has made 22 acquisitions, including 1-800 Radiator & A/C, All Star Glass, and Auto Glass Fitters.
Who are Driven Brands's investors?
Driven Brands has 2 investors. Key investors include Roark Capital, and Carousel Capital.
What is Driven Brands's ticker symbol?
The ticker symbol of Driven Brands is DRVN on NASDAQ.
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