Welcome to our dedicated page for Driven Brands Holdings news (Ticker: DRVN), a resource for investors and traders seeking the latest updates and insights on Driven Brands Holdings stock.
Driven Brands Holdings Inc. (NASDAQ: DRVN) generates frequent news as a large automotive services company headquartered in Charlotte, North Carolina. As the company describes itself, it is the largest automotive services company in North America, with thousands of locations across the United States and other countries. News related to Driven Brands often reflects developments across its portfolio of brands, including Take 5 Oil Change, Meineke Car Care Centers, Maaco, 1-800-Radiator & A/C, Auto Glass Now, and CARSTAR.
On this page, readers can follow coverage of Driven Brands’ earnings releases, where the company reports revenue, system-wide sales, same-store sales trends, segment performance, and non-GAAP metrics such as Adjusted EBITDA and Adjusted EPS. These updates frequently highlight the performance of key segments like Take 5 and Franchise Brands, as well as progress on same-store sales growth and net store growth.
News items also include corporate strategy announcements, such as the definitive agreement to divest IMO, the international car wash business, to Franchise Equity Partners. Such transactions are presented by the company as steps to simplify its portfolio, reduce leverage, and concentrate on core North American operations. Additional coverage may focus on capital markets activity, including whole business securitization issuances and related refinancing of existing debt.
Governance and leadership changes are another recurring theme in Driven Brands news. Examples include the appointment of an Executive Vice President and Chief Operating Officer and the election of independent directors to the Board and Audit Committee. Conference participation announcements, such as appearances at global consumer and retail conferences, also provide insight into how management communicates its strategy to the investment community.
Investors, analysts, and observers can use this news feed to monitor Driven Brands’ operational updates, portfolio moves, financing activities, and leadership developments over time.
Driven Brands Collision Group (NYSE:DRVN) announced it has surpassed $6 million raised for cystic fibrosis (CF) research, care, and advocacy as of Dec 30, 2025. The fundraising effort began more than 25 years ago with CARSTAR and expanded across Abra, CARSTAR, and Fix Auto USA through events such as car washes, golf tournaments, car shows, BBQs, charity walks, and in-store donations.
This year the group raised over $152,000 and launched the Gift of Repair initiative, donating for every positive customer review on completed repairs. Company leaders and the Cystic Fibrosis Foundation commented on the milestone and the organizations' ongoing commitment to CF research and patient support.
Driven Brands (NASDAQ: DRVN) announced the election of Timothy Johnson to its Board of Directors, effective January 1, 2026. Johnson will serve as an independent director and as a member of the Audit Committee.
Johnson has over 30 years of executive experience in global retail and consumer companies, most recently serving as CFO and Chief Administrative Officer of Victoria's Secret until his retirement in May 2025. His background also includes senior finance roles at Big Lots and Limited Brands and early career experience at Coopers & Lybrand. Johnson serves on the boards of Brinker International and Dollar Tree and holds a BS in Accounting and is a CPA (inactive).
Franchise Equity Partners announced on December 2, 2025 that it has entered into an agreement to acquire IMO Car Wash, the world's largest tunnel car wash operator, from Driven Brands (DRVN). The deal includes IMO's entire portfolio of 720 locations, primarily in the United Kingdom and Germany, plus sites in nine other European countries and Australia. IMO was founded 60 years ago and serves millions annually. FEP said it will prioritize increasing wash volumes, elevating the customer experience, and leveraging retail partnerships under its inaugural international acquisition.
Driven Brands (NASDAQ: DRVN) entered a definitive agreement to sell IMO, its international car wash business, to Franchise Equity Partners for €406 million based on IMO's June 30, 2025 balance sheet with no post-closing cash, debt or working capital adjustments.
The sale includes locked-box protections and a daily price ticker from July 1, 2025 to closing, is expected to close in Q1 2026 pending regulatory approvals, and cash proceeds will be used primarily to pay down debt.
The company reiterated FY2025 continuing-operations outlook: Revenue ~$1.85–1.87B, Adjusted EBITDA ~$445–455M, and Adjusted diluted EPS $1.18–1.23; pro forma leverage is expected to fall by ~0.3x and management reaffirmed a 3x net leverage target by end of 2026.
Driven Brands (NASDAQ: DRVN) will participate in the Morgan Stanley Global Consumer & Retail Conference in New York. The company’s fireside chat is scheduled to begin at 3:00 p.m. ET on Wednesday, December 3, 2025.
The fireside chat will be webcast live from the company’s Investor Relations website at investors.drivenbrands.com on the Events & Presentations page, and the webcast will be available for replay for at least 30 days.
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Driven Brands Holdings (NASDAQ: DRVN) will report third-quarter results for the period ended September 27, 2025 and will release results before market open on November 4, 2025.
Management will host a conference call and webcast at 8:30 a.m. ET the same day to review financial and operating performance. The webcast will be available at the company’s Investor Relations site: investors.drivenbrands.com. A replay will remain available for at least three months.
Driven Brands (NASDAQ: DRVN) closed a $500 million securitization on October 21, 2025, issuing Series 2025-1 Fixed Rate Senior Secured A-2 Notes.
The A-2 Notes carry a 5.296% coupon, a stated maturity of October 2055 and an anticipated repayment date of October 2030 (five-year tenor to anticipated repayment). Proceeds plus revolver funding will refinance Series 2019-1 and 2022-1 A-2 notes, pay transaction fees and support general corporate purposes.
This is Driven Brands’ twelfth whole business securitization; the A-2 Notes were rated BBB by Kroll and BBB- by S&P and were offered only to qualified institutional buyers under Rule 144A and to non-US persons under Regulation S.
Driven Brands (NASDAQ: DRVN) has announced key leadership changes, appointing Mo Khalid as Executive Vice President and Chief Operating Officer. Khalid, who currently serves as Executive Vice President and President of Take 5, has demonstrated significant success in his previous role, growing Take 5 to over 1,200 locations with system-wide sales exceeding $1.5 billion on a trailing twelve-month basis.
As part of this transition, Tim Austin, current Chief Operating Officer of Take 5, will succeed Khalid as President of Take 5. Khalid brings extensive experience from his previous roles at Great Wolf Resorts, Starwood Hotels & Resorts, Burger King, Deutsche Bank, and J.P. Morgan Chase.
Driven Brands (NASDAQ: DRVN) announced its participation in the upcoming Goldman Sachs 32nd Annual Global Retailing Conference in New York. The company will engage in a fireside chat scheduled for September 4, 2025, at 1:50 p.m. ET.
Investors can access the live webcast through the Events & Presentations page on Driven Brands' Investor Relations website at investors.drivenbrands.com. A replay of the presentation will remain available on the company's IR site for at least 30 days following the event.