Announced
Completed
Financials
Tags
Majority
Single Bidder
wash installations
Consumer Services: Other
Private
United States
Acquisition
Completed
Friendly
Private Equity
Synopsis
Roark Capital-backed Driven Brands, an automotive repair center operator, completed the acquisition of International Car Wash Group, a car wash company. Financial terms were not disclosed. "We are excited to officially welcome ICWG to our growing family of brands. The team at ICWG should be incredibly proud of the company they’ve helped create, and we look forward to building on their success and accelerating long-term growth at ICWG," Jonathan Fitzpatrick, Driven Brands CEO.
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