இயக்கப்படுகிறது பிராண்ட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from இயக்கப்படுகிறது பிராண்ட். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In இயக்கப்படுகிறது பிராண்ட் Today - Breaking & Trending Today

Driven Brands Announces Pricing of Secondary Offering


Driven Brands Announces Pricing of Secondary Offering
Driven Brands Holdings Inc.
Charlotte, North Carolina, UNITED STATES
CHARLOTTE, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN), today announced the pricing of the underwritten secondary public offering of 12 million shares of Driven Brands’ common stock by Driven Equity LLC and RC IV Cayman ICW Holdings LLC (together the “Selling Stockholders”), each of which is a related entity of Roark Capital Management, LLC at a price of $29.50 per share. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock. Driven Brands is not selling any shares of common stock in the offering and will not receive any proceeds from the offering. ....

New York , United States , Piper Sandler , Rachel Webb , William Blair , Morgan Stanley , Broadridge Financial Solutions , Brands Holdings Inc , Jp Morgan Securities , Credit Suisse , Roark Capital Management , Exchange Commission , Meineke Car Care Centers , Prospectus Department , Goldman Sachs Co , Morgan Stanley Co , Brands Holdings , Driven Brand , Driven Equity , Selling Stockholders , Bofa Securities , Goldman Sachs , College Street , Island Avenue , North America , Driven Brands ,

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-operated stores represented 54% of the firm s sales last year, with a measurable portion of the increase attributed to Driven Brand s purchase of International Car Wash Group.
Among the company s franchise brands are Meineke Car Care Centers, Take 5 Oil Change and 1-800-Radiator & A/C. Besides Meineke and Take 5, Driven Brands properties include: Carstar Auto Body Repair; MAACO auto body; International Car Wash; and Merlin s 200,000 Mile Shops. ....

Jonathan Fitzpatrick , Meineke Car Care Centers , International Car Wash Group , Brands Holdings Inc , International Car Wash , Driven Brands Holdings Inc , Driven Brand , Besides Meineke , Carstar Auto Body Repair , Driven Brands , Brands President , ஜொனாதன் ஃபிட்ஸ்‌ப்யாட்ரிக் , மேனேக்கே கார் பராமரிப்பு மையங்கள் , சர்வதேச கார் கழுவுதல் குழு , பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , சர்வதேச கார் கழுவுதல் , இயக்கப்படுகிறது பிராண்டுகள் ஹோல்டிங்ஸ் இன்க் , இயக்கப்படுகிறது பிராண்ட் , கார்ஸ்டார் ஆட்டோ உடல் பழுது , இயக்கப்படுகிறது பிராண்டுகள் , பிராண்டுகள் ப்ரெஸிடெஂட் ,

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, Arby s, and Dunkin .
On a winter night in Dallas in 2018, Dave Pace, the chief executive of Jamba Juice, met with Steve DeSutter, the leader of Focus Brands, for a steak dinner. DeSutter ran the emerging multi-unit fast-food company whose mall-based brands included Auntie Anne s and Cinnabon. ....

New York , United States , Jonathan Fitzpatrick , Steve Desutter , Neal Aronson , David Wilson , Paul Ginsberg , Mark Kalinowski , Tim Powell , Ayn Rand , Greg Flynn , Anthony Martino , Howard Roark , Moe Southwest Grill , Cheesecake Factory , Dunkin Brands Group Inc , Roark Capital Group , Kalinowski Equity Research , Pizza Hut , Hyatt Hotels , Seattle Best Coffee International , Taco Bell , Jimmy John , Flynn Restaurant Group , Jamba Juice , Panera Bread ,