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Driven Brands reports double-digit sales, earning growth in 2020

Print CHARLOTTE, N.C. — Driven Brands Holdings Inc., operator and franchisor of multiple vehicle maintenance and repair businesses, reported a 35.3% gain in operating income for the year ended Dec. 26 on 50.6% higher sales, but the net result was a $4.22 million loss due primarily to higher interest expenses. The Charlotte-based company, which went public in 2020, reported $94.7 million in operating income on revenue of $904.2 million, yielding a 10.5% operating ratio. Revenue from company-o...
Jonathan Fitzpatrick Meineke Car Care Centers International Car Wash Group Brands Holdings Inc International Car Wash Driven Brands Holdings Inc

Market Defense offers industry research report: Purpose Driven Brands and Amazon

Market Defense LLC, the premier Amazon Full-Service Agency for Beauty and Passion Brands, just published an insightful report on the Rise of Purpose-Driven Brands and Amazon (NASHVILLE, Tenn.) — NEWS: Market Defense, the most sought-after Amazon Agency for Beauty and Passion Brands, published its latest research today, detailing the rise of Purpose Driven Brands and Amazon. Given Market Defense’s perspective as a full-service Amazon Agency that works with Purpose-Driven brand founders, the ...
Stacey Wisniewski Amazon Agency Amazon Agency For Beauty Service Agency For Beauty Market Defense Amazon Full Service Agency

Market Defense launches its latest research on Purpose-Driven Brands and Amazon

NASHVILLE, Tenn., Apr 20, 2021 (SEND2PRESS NEWSWIRE) — Market Defense, the most sought-after Amazon Agency for Beauty and Passion Brands, published its latest research today, detailing the rise of Purpose Driven Brands and Amazon. Given Market Defense’s perspective as a full-service Amazon Agency that works with Purpose-Driven brand founders, the report is based on actual client data and results. In this report, Market Defense addresses three key topics: 1 – The driving forces behind the ...
Stacey Wisniewski Amazon Agency Amazon Agency For Beauty Market Defense Passion Brands Purpose Driven Brands

Titan Home Improvement Announces Coral Gables Headquarters, Appoints New Leadership to Guide Aggressive Expansion

Titan Home Improvement Announces Coral Gables Headquarters, Appoints New Leadership to Guide Aggressive Expansion Rapidly Growing Home Improvement Company Continues Trend of Finance, Tech Companies That Have Tapped South Florida As Home Base News provided by Share this article Share this article CORAL GABLES, Fla., April 6, 2021 /PRNewswire/ -- Titan Home Improvement, a tech-enabled direct-to-consumer home improvement services business, has announced the opening of its new headquarters in Cora...
United States Coral Gables Liliana Garcia Artemio Garza Burger King Corporation Goldman Sachs

Mursion Adds New Board Members Ushering in Next Phase of Growth

Mursion Adds New Board Members Ushering in Next Phase of Growth News provided by Share this article SAN FRANCISCO, Feb. 23, 2021 /PRNewswire/ --  Mursion, the industry leader in immersive virtual reality training for emotional intelligence in the workplace, today named three distinguished industry professionals to its Board of Directors to guide its next phase of growth. Education and workforce investor Susan Cates, c-suite human capital executive Joseph High, and private equity leader, Ezra F...
United States Christina Yu Jenny Craig Mark Atkinson Arjun Nagendran Atkins Nutritionals

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How Neal Aronson grew his private-equity firm Roark

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Neal Aronson founded Roark Capital in 2001 after working in the hotel business. Roark has acquired 90 brands that have 63,000 locations and account for $54 billion in system revenues Roark is best known for its fast-food empire and brands such as Jamba, Arbys, and Dunkin. On a winter night in Dallas in 2018, Dave Pace, the chief executive of Jamba Juice, met w...
New York United States Jonathan Fitzpatrick Steve Desutter Neal Aronson David Wilson

Driven Brands Car Wash North America Announces Acquisition of SuperSonic Express Car Wash in Mississippi and Alabama

Press release content from Business Wire. The AP news staff was not involved in its creation. Driven Brands Car Wash North America Announces Acquisition of SuperSonic Express Car Wash in Mississippi and Alabama February 1, 2021 GMT CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb 1, 2021-- Driven Brands Car Wash North America today announced the acquisition of four SuperSonic Express Car Wash locations in the Southern US. The acquired car washes are located in Columbus and Starkville, Mississippi, and Tus...
United States Justin Clary Gabe Mendoza Meineke Car Care Centers International Car Wash Group Brands Car Wash North America
Source: apnews.com

Driven Brands Holdings Inc. Announces Pricing of Initial Public Offering

Driven Brands Holdings Inc. Announces Pricing of Initial Public Offering Driven Brands Holdings Inc. Charlotte, North Carolina, UNITED STATES CHARLOTTE, N.C., Jan. 14, 2021 (GLOBE NEWSWIRE) -- Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) today announced the pricing of its initial public offering of 31,818,182 shares of its common stock at a price to the public of $22.00 per share. Driven Brands is the largest automotive services company in Nort...
New York United States Rachel Webb Brands Holdings Inc Barclays Capital Inc Exchange Commission On

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