Roark-owned Driven Brands Purchases 1-800 Radiator

1-800 Radiator , the largest franchised automotive parts distributor in North America, marks the newest acquisition by Driven Brands .

Read the original at 1851 Franchise
Roark-owned Driven Brands Purchases 1-800 Radiator

TL;DR

Roark-owned Driven Brands has purchased 1-800 Radiator, the largest franchised automotive parts distributor in North America. Driven Brands is a leading franchise automotive company that was acquired by Roark Capital Group in April 2015.

1-800 Radiator, the largest franchised automotive parts distributor in North America, marks the newest acquisition by Driven Brands.

Providing replacement parts for radiators and more to over 100,000 independents installers and repair shops across the country, 1-800 Radiator generates system revenues of more than $200 million each year.

Driven Brands, itself acquired by Roark Capital Group in April 2015, is a leading franchise automotive company, and is one of 44 multi-unit brands purchased by Roark.

“We are very excited to welcome Driven Brands to the Roark Capital family,” Neal Aronson, managing partner of Roark Capital, said at the time. “We have great admiration for the franchisees who have made these iconic brands so successful, and are thrilled to contribute to their future growth.”

The organization’s portfolio now collectively brings in $17 billion in annual system revenues spread out across 20,000 locations operating in all 50 states and 75 countries.

In this story

This story was originally published in 1851 Franchise on June 12, 2015. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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