Driven Brands Holdings Inc - Company Profile
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Driven Brands Holdings Inc (Driven Brands) is an automotive service provider. The company offers services such as paint, collision, glass, vehicle repair, oil change, maintenance, car wash, and platform services among others. Driven Brands also offers automotive consulting services. Its brands include Take 5 Oil Change, Meineke, Maaco, AutoGlassNow (AGN), Fix Auto, 1-800 Radiator, CARSTAR, and Take 5 Car Wash. The company caters its services to retail and commercial customers. It has operational presence in North America. Driven Brands is headquartered in Charlotte, North Carolina, the US.
Headquarters
United States of America
Address
Suite 700, 440 S. Church Street, Charlotte, North Carolina, 28202
Website
www.drivenbrands.com
Telephone
1 704 3778855
No of Employees
7,100
Industry
Automotive
Ticker Symbol & Exchange
DRVN (NASD)
Revenue (2024)
$1.9B
6.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
147.1%
(2024 vs 2023)
Market Cap*
$2.2B
Net Profit Margin (2024)
XYZ
144.4%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Services | Brands |
|---|---|
| Paint | Take 5 Oil Change |
| Collision | Meineke |
| Glass | Maaco |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In December, the company entered into an agreement to sell its car wash business, IMO to Franchise Equity Partners. |
| 2025 | Divestiture | In April, the company sold its US car wash business to Express Wash Operations, LLC dba Whistle Express Car Wash for US$385 million. |
| 2024 | Contracts/Agreements | In March, the company entered into an extension of the multi-year agreement term with RelaDyne to deliver DuraMAX and Drydene oils to Take 5 Oil Change's network of over 1,000 company-operated and franchised locations across the US and Canada. |
Competitor Comparison
| Key Parameters | Driven Brands Holdings Inc | Openlane Inc | Valvoline Inc | Monro Inc | Jiffy Lube International Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Charlotte | Carmel | Lexington | Fairport | Houston |
| State/Province | North Carolina | Indiana | Kentucky | New York | Texas |
| No. of Employees | 7,100 | 4,800 | 11,400 | 6,440 | 4,500 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Danny Rivera | Director; Chief Executive Officer; President | Executive Board | - | - |
| Michael F. Diamond | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | - |
| Mo Khalid | Chief Operating Officer; Executive Vice President | Senior Management | 2025 | - |
| karen Conrad | Chief Information Officer; Executive Vice President | Senior Management | - | - |
| Bart LaCount | Executive Vice President; Chief Marketing Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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