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: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |