Franchise Equity Partners to Acquire IMO Car Wash from Driven Brands
Driven Brands Holdings Inc. (DRVN)
Company Research
Source: PR Newswire
FEP Announces Inaugural International Acquisition via a Purchase of the Leading Global Tunnel Car Wash Operator With 720 LocationsNEW YORK, Dec. 2, 2025 /PRNewswire/ -- Franchise Equity Partners, LP (FEP), a private investment firm on a mission to create long-term partnerships with quality franchisees, franchisors, and multi-unit companies, today announced that it has entered into an agreement to acquire IMO Car Wash, the largest tunnel car wash business in the world, from Driven Brands (NASDAQ:DRVN). The transaction includes IMO's entire portfolio of 720 locations, primarily located across the United Kingdom and Germany, with sites in nine other European countries and Australia.Founded 60 years ago, IMO Car Wash is one of the most recognized and trusted car wash brands globally, serving millions of customers annually through its convenient, high-volume model. The company operates a uniquely diversified footprint and is supported by a management team with deep expertise in the car was
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DRVN
News
- Driven Brands (NASDAQ:DRVN) had its "buy" rating reaffirmed by analysts at Benchmark Co..MarketBeat
- Driven Brands (NASDAQ:DRVN) was upgraded by analysts at William Blair from a "market perform" rating to an "outperform" rating.MarketBeat
- Driven Brands (NASDAQ:DRVN) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Franchise Equity Partners to Acquire IMO Car Wash from Driven BrandsPR Newswire
- Driven Brands Announces Agreement to Divest International Car Wash BusinessBusiness Wire
DRVN
Earnings
- 11/4/25 - Beat
DRVN
Sec Filings
- 12/2/25 - Form 8-K
- 11/12/25 - Form 4
- 11/5/25 - Form 10-Q
- DRVN's page on the SEC website