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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 North America, with a portfolio of highly recognizable brands that fulfill an extensive range of consumer and commercial automotive needs, including paint, collision, glass, vehicle repair, oil change, maintenance and car wash.

Initial public offerings scheduled to debut next week

Playtika, 2021 s Biggest IPO So Far, Is Set to Trade

By Luisa Beltran Order Reprints Print Article Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect. Driven Brands also listed as well. Shares of Playtika (ticker: PLTK) opened at $33.40 and hit a high of $36.06. The stock closed Friday at $31.62, up 17.1%. The solid showing came after Playtika,. Close Playtika, 2021’s Biggest IPO So Far, Rises Nearly 17% Playtika Holding, the biggest IPO so far in 2021, went public Friday after pricing its offering above the level it had told investors to expect. From

Roark Capital-Backed Driven Brands Climbs After $700 Million IPO

Roark Capital-Backed Driven Brands Climbs After $700 Million IPO Bloomberg 1/15/2021 Crystal Tse © Bloomberg via Getty Images A mechanic stacks used tires outside the service bay of a Goodyear Tire & Rubber Co. auto garage in Shelbyville, Kentucky, U.S., on Monday, July 25, 2016. The Goodyear Tire & Rubber Co. released earnings figures on July 27. (Bloomberg) Driven Brands Holdings Inc., an automotive services company backed by Roark Capital, rose 21% in its U.S. trading debut after raising $700 million in an initial public offering. The company’s shares opened at $28 in New York trading Friday and closed at $26.69, giving Driven Brands a market value of about $4.5 billion. The company sold almost 32 million shares on Thursday for $22 apiece after marketing 38 million for $17 to $20.

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