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April 27, 2021
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...
April 20, 2021
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 ...
April 20, 2021
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 ...
April 6, 2021
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...
February 23, 2021
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...
February 22, 2021
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...
February 5, 2021
CARSTAR, North America’s premier network of independently owned collision repair facilities, has been named again to the Franchise Times “Fast and Ser...
February 2, 2021
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...
January 15, 2021
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...
January 15, 2021
NEW YORK (AP) — The following is a list of initial public offerings planned for the...